Dubai’s URB launches 2nd urban-tech accelerator program

  • Date: 07-Mar-2023
  • Source: GCC Business News
  • Sector:Technology
  • Country:UAE
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Dubai’s URB launches 2nd urban-tech accelerator program

URB, a global developer of sustainable cities, launches the second edition of its urban-tech accelerator program, which offers up to $10 million in investment opportunities and support for early-stage urban tech start-ups.

The accelerator program is calling all urban-tech entrepreneurs who require support to scale any change-making innovations that will shape the future of urban living in the UAE.

The program is in accordance with the UAE’s Net Zero by 2050 strategic initiative, a national scheme to achieve net-zero emissions by 2050. The URB Incubator is designed to accelerate the initiative by developing an entrepreneurial spirit in the built environment in the UAE. The start-up program will empower a new breed of innovators to become the next leaders of urban tech solutions for a sustainable future.

Mr. Baharash Bagherian

CEO

URB “Our aim is to discover, mentor, and invest in the next generation of urban-tech entrepreneurs in the UAE. The incubator will support urban technology companies, build the ecosystem, and transform the UAE into a global urban technology hub. With COP 28 approaching, we are focused on identifying and scaling the most impactful startups in the UAE that will help to achieve the country’s net zero targets by 2050.”

“The incubator is one of several initiatives