Majid Al Futtaim launches new accelerator to support regional SMEs

Majid Al Futtaim launches new accelerator to support regional SMEs

UAE-based retail group Majid Al Futtaim and AstroLabs have launched Majid Al Futtaim Launchpad, an accelerator programme that aims to support startups and SMEs in the UAE and the Mena region.

Launchpad will provide programme participants with access to business growth incentives and mentorship to strengthen the commercial viability of startups and SMEs across the region.

Founded in 1992, Majid Al Futtaim is a shopping mall, communities, retail and leisure builder in the Middle East, Africa and Asia regions, while AstroLabs is a technology ecosystem builder in Mena that enables growth of companies through market entry and expansion services.

Press release:

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia has announced Majid Al Futtaim Launchpad, an accelerator programme aimed to attract startups and SMEs in strategic sectors to turbo-charge growth plans and support economic development. Accentuating Majid Al Futtaim’s role as a collaborative partner in supporting entrepreneurs and startup businesses in the UAE and MENA region, the Launchpad reaffirms the Company’s role in the private sector in supporting the growth of local economies. 

In partnership with AstroLabs, a technology ecosystem builder in the MENA region, Majid Al Futtaim Launchpad focuses on delivering diverse benefits