Masdar City’s Innovate returns to Abu Dhabi Sustainability Week 2023 to showcase clean-tech companies

Masdar City’s Innovate returns to Abu Dhabi Sustainability Week 2023 to showcase clean-tech companies

Abu Dhabi, United Arab Emirates: Innovate, Masdar City’s global initiative to support clean-tech companies, is returning to Abu Dhabi Sustainability Week to showcase clean-tech start-ups and enterprises.

The three-day exhibition kicks off on January 16. It is supported by Masdar City’s start-up accelerator program, The Catalyst, which is providing 22 participating companies with the chance to pitch directly to an investment committee and win up to US$200,000 in funding.

Ahmed Baghoum, the acting CEO of Masdar City, said, “Since its launch in 2021, Innovate has helped dozens of companies kick off major projects in the region. The magic of seeing start-ups focus on emerging technologies to help the fight against climate change has inspired us to return this year with an even more ambitious exhibition. With The Catalyst on board, start-ups will have the chance to benefit from an accelerator specifically tailored to their needs and industries.”

Steve Severance, Masdar City’s director of growth, said, “Pairing The Catalyst with Innovate opens the door for aspiring businesses to gain our support and funding in the most efficient way possible. At Innovate, companies will be able to pitch their projects straight to our senior directors, and if they succeed, they will win our unwavering support.