Tech startups! The Outliers Program 2021 allows you to solve market challenges with major industry players

Tech startups! The Outliers Program 2021 allows you to solve market challenges with major industry players 

By: Abu Dhabi SME Hub
Opportunities

The challenges are aimed at later-stage startups that have proven products and will be engaged with developing proof of concepts (POCs) that have strong potential to commercialize and go-to-market.

UPDATE 09/06/2021: Hub71 and the Abu Dhabi Investment Office (ADIO) have partnered to support early-stage tech startups in growing their teams and scaling their businesses with the purpose to generate societal impact. The partnership complements Hub71’s new programme, ‘The Outliers’, enabling startups from around the world to collaborate with leading corporations and government agencies in Abu Dhabi to solve their operational challenges.

Hub71 and ADIO hosted a Demo Day for existing Hub71 startups to pitch for cash grants, provided by ADIO, aimed at accelerating their growth. Following a rigorous screening process run by an investment committee comprising members from Hub71 and ADIO, 10 startups were selected to receive grants worth more than AED 10 million ($2.7 million) to accelerate the development of their innovative solutions.

The successful companies that received cash grants from ADIO at the Demo Day specialise in HealthTech, FinTech, AgTech and information and communication technologies (ICT), reflecting Abu Dhabi’s commitment to nurturing a diverse range of innovative ideas and technologies in high growth areas.

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Tech startups! Do you want the opportunity to solve business challenges for big corporations, with benefits galore?

Apply to The Outliers Program 2021 now!

What is The Outliers Program?

Hub71 is teaming up with Etihad Airways, Department of Health Abu Dhabi, Thales, Mastercard, ADCB and Mashreq Bank, to attract ambitious startups and exceptional founders from around the world to compete to be selected as The Outliers helping partners solve their business challenges and optimize their operational plans. Hub71 will enable corporates and government partners to select the best startups and technology enterprises to help them stay at the forefront of their industries. Meanwhile, participating startups will benefit from more opportunities to work closely with corporates and partners, accessing a ripe marketplace ready to embrace innovation as part of their business models.

The challenges are aimed at later-stage startups that have proven products and will be engaged with developing proof of concepts (POCs) that have strong potential to commercialize and go-to-market. Each winning startup will also gain the opportunity to join a growing and diverse community, participate in a Demo Day, raise funding and have faster access to the Hub71 Incentive Program.

Why join?

By applying to The Outliers Program 2021, your application will also count as an application towards the Hub71 Incentive Program where you will benefit from more than $400,000 equity-free incentives and savings costs to help you focus on what matters.

If your application is successful and your startup is picked to joining the Hub71 community, you will also receive support with:

  • Access to market
  • Access to talent
  • Access to capital (funding)
  • Access to the business and regulatory environment within Abu Dhabi.

The business and operational challenges that need solving: 

ADCB

Innovation Challenge

We want to enhance internal innovation and streamline the lifecycle inside ADCB.

Recommendation Engine Challenge

We want to develop an AI predictive engine to enhance recommendations for our customers.

Department of Health

We are looking for new technologies to aid disease prevention, such as 2.0 masks, advanced technologies and surveillance tools.

Etihad Airways

We’re looking for a payment orchestration solution to help us efficiently navigate and manage the multiple forms of payment we accept across the markets we serve. Ultimately, the solution will allow us to extend acceptance of new forms of payment easily in the future.

Mashreq

To provide everything our SMEs need to flourish, from HR and payment solutions to legal, lending, insurance and accounting.

Mastercard

Find a simplified solution to help merchants large or small integrate to our gateway without the need for coding and development skills.

Thales

Free the hands and eyes of the Radar maintenance worker so that he can focus on the task to be performed rather than reading the procedure.

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