Hub71 grows startup community to over 200 technology companies with latest cohort

  • Date: 28-Nov-2022
  • Source: Zawya
  • Sector:Technology
  • Country:Egypt
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Hub71 grows startup community to over 200 technology companies with latest cohort

- 11 of the 20 startups hail from six countries including USA, Egypt and South Africa, while the remaining 9 are UAE-based companies.

Abu Dhabi, UAE – Hub71, Abu Dhabi’s global tech ecosystem, has grown its community to more than 200 startups following the selection of 20 companies to join its latest cohort.

The new cohort marks Hub71’s third intake of startups this year, which received a 60 per cent increase in applications from founders worldwide seeking to join Abu Dhabi’s global tech ecosystem.

The startups will gain access to Hub71’s vibrant community within a vast tech ecosystem of active investors, corporate, government, and academia partners that act as key drivers for business growth. Abu Dhabi’s global tech ecosystem is designed to support founders in scaling successful tech companies and maximize investment and commercial opportunities for them from the UAE’s capital. The startups will also benefit from flexible incentives to ease the process and cost of setting up.

Hub71 is welcoming its new cohort of startups from six countries globally. Of the 20 startups in the cohort, nine are UAE-based companies while the remaining 11 have relocated to Abu Dhabi, reinforcing the UAE capital’s ability to attract high-quality companies that continue to build on