UAE Business: Hub71 launches second edition of ‘The Outliers’ for startups – Gulf Digital News

  • Date: 19-Jul-2022
  • Source: Gulf Digital News
  • Sector:Technology
  • Country:UAE
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UAE Business: Hub71 launches second edition of ‘The Outliers’ for startups – Gulf Digital News

Abu Dhabi’s Hub71 has launched the second edition of The Outliers Programme, convening leading corporate and government partners to present business and operational challenges for tech startups to solve.

The Outliers is Hub71’s annual programme designed for tech startups worldwide to solve real challenges set by participating organisations in the public and private sectors.

The Outliers facilitates startup collaboration with major corporations and government departments across Abu Dhabi’s diversified economy, offering founders the ability to respond with technology-led approaches that address their challenges.

Funding product development

Startups will have the opportunity to customise their product to support the organisation’s business objectives, develop commercial deals, and gain up to AED100,000 ($27,225) in value to fund the development of their POC (proof of concept).

The second edition of The Outliers features seven challenges from five leading organisations, including Aldar, DCT, DoH and Thales. For the first time, a dedicated category has been created for unicorns to take part in The Outliers programme, with Cars24, an e-commerce platform for used vehicles valued at $1.84 billion joining this edition.

Through its participation, Cars24 will be supporting Hub71’s innovation ecosystem and helping startups succeed. By participating in The Outliers, corporates and government entities are able to accelerate their corporate innovation efforts