Mubadala Funding Firm, the Abu Dhabi sovereign investor, has partnered with early-stage investor Antler and Abu Dhabi’s tech ecosystem Hub71 to launch the Nationwide Founders Program. The six-week venture-building initiative is designed to assist flip college analysis into commercially viable startups.
The programme goals to create a nationwide innovation platform that aligns educational analysis with business wants. The initiative follows Mubadala’s funding in Antler and is a part of its dedication to advancing the UAE’s innovation ecosystem.
Companion roles and program construction
Underneath the partnership, every organisation will play a definite position. Antler will lead the early phases of the programme, specializing in ideation, enterprise validation, and founder growth. Hub71 will host the programme and function the scale-up platform, connecting members with Abu Dhabi’s broader know-how and funding ecosystem.
Members within the programme will achieve entry to Hub71’s community of mentors and companions, in addition to founder-focused providers together with regulatory assist and go-to-market pathways. The programme will even function workshops, soft-landing assist for these relocating, and investor connectivity. A key focus of the initiative is company collaboration, creating pathways for startups to companion with established corporations for piloting and strategic assist.
The programme
Ali AlMheiri, government director of diversified property at Mubadala’s UAE Investments Platform, commented: “We’re not ready for innovation to occur; we’re driving it. By means of this programme, we’re remodeling high-potential analysis into scalable ventures with clear industrial functions. It displays our broader mandate at Mubadala UAE Investments – to incubate new and revolutionary high-growth sectors that strengthen Abu Dhabi’s information economic system and create a optimistic impression on our communities.”
In the meantime, Romain Assuncao, managing companion for Antler in MENAP, mentioned: “Abu Dhabi is positioned to turn out to be a regional hub for research-led innovation. This programme displays a shared dedication to attach early-stage expertise with the businesses and infrastructure that may assist them thrive.”
Ahmad Ali Alwan, chief government officer of Hub71, additionally added: “Empowering native expertise to remodel concepts into scalable tech ventures is important to rising homegrown startups from Abu Dhabi. By means of our partnership, Hub71 will present members with direct entry to the instruments, experience, and networks wanted to construct and scale their ventures. This program displays our dedication to strengthening Abu Dhabi’s place as a number one vacation spot for entrepreneurship and innovation.”
The programme will goal high-potential analysis expertise from main universities in Abu Dhabi. Chosen members will achieve entry to a curated curriculum and connections to the worldwide networks of each Antler and Mubadala.
