19 New Startups From 9 Countries Have Been Selected To Join Hub71, Operating In 11 Sectors, Including AI, Health Technology & Big Data
ABU DHABI, 2 November / WAM – Hub71, the global technology platform headquartered in Abu Dhabi, today announced that the latest batch of startups has joined the rapidly growing business community, as the new group includes a larger number of startups founded by businesswomen. These outstanding startups, which were selected from among hundreds of companies applying to join the platform, will benefit from the Hub71 incentive program, which provides them with lower costs of living and setting up for entrepreneurs to support them in their expansion efforts in the region.
19 new startups from 9 countries have been selected to join Hub71, operating in 11 sectors, including artificial intelligence and big data, agricultural technology and health technology. These sectors accounted for 30% of the requests Hub71 received to join them, reflecting the demand for these technologies in the context of dealing with the spread of the “Covid-19” epidemic in the world and supporting future digital industries, while the companies established by women constitute 30% of the group. New York City, indicating a growing number of founders are choosing to join the vibrant and diverse community of Hub71.
Since its launch in 2019, Hub71 has expanded the startup community to more than 75 global startups that take advantage of Hub71’s extensive resources, expand globally and leverage the capabilities of the platform’s business community.
“The diverse nature of the newest group of startups joining Hub71 reflects our commitment to enhancing Abu Dhabi’s global appeal as a world-leading technology hub for the best and most distinctive startups from around the world,” said Hanan Harhara Al Yafei, CEO of Hub71. She added: “Every successful startup has shown remarkable resilience during the pandemic, either by focusing or striving relentlessly to meet the needs of its customers during these unprecedented circumstances, and it is my pleasure to see that nearly half of these companies in Hub71 are from the UAE. And that women entrepreneurs in particular find their right destination within our business community, ensuring that their companies are strengthened.
For her part, Hasna Ahmed, Founder and CEO of DoctorsAE, said, “Joining the global Hub71 platform has allowed us to enhance our innovative business and achieve success and excellence,” noting that Hub71 provides a number of distinct opportunities that allow us to play a role within one of the most powerful technology centers. Globally, to enable technology companies, such as our company, to expand and grow globally. She added, “Having a headquarters in Abu Dhabi strengthens our position as the emirate continues to shine globally as one of the best destinations for living and quality of life, along with the added advantages it provides to companies to expand in the Middle East, North Africa and the world.”
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