Dubai Future Accelerators gets 40 startups for fifth round
Startups from around the world to participate in next edition of Dubai's government tech accelerator
Forty startups have been selected to participate in the fifth round of Dubai Future Accelerators, Dubai government tech accelerator program.
The fifth round of Future Accelerators, which is run by Dubai Future Foundation, marks the second year of operations for the program, which pairs startups with Dubai government entities, to develop new technology ideas.
The 9-week program aims to find innovative and smart solutions that employ modern advanced technologies such as Artificial Intelligence, Blockchain, IoT, VR and AR for challenges faced by the 12 participating government entities.
The companies were selected after evaluating presentations from over 600 companies from over 70 countries around the world.
Secretary General of the Executive Council of Dubai, Member of the Executive Committee of Dubai Future Foundation, His Excellency Abdulla Mohammed Al Basti, commented: "Dubai continues to play a vital role in shaping the future and leading innovations, it's a platform to radically transform today's business models to keep up with the fast pace moving industries. Also, establish the city as the unique destination for companies, creative minds and innovative solutions from all over the world."
Saeed Al Falasi, Executive Director of Future Platforms at Dubai Future Foundation, said that previous editions of Future Accelerators have already generated 110 MoUs between government entities and participating companies.
"Since its establishment, the program has attracted a number of startups from all over the world. These partnerships have contributed to improving the quality of government services and providing support to government organisations in Dubai to achieve their future objectives. This edition's significance lies in the number of companies selected from the UAE to provide innovative solutions that shape the future of strategic sectors in Dubai," said Al Falasi.
Challenges from 12 government entities
The event will be attended by the Department of Economic Development, the General Directorate of Residency and Foreigners Affairs in Dubai, Smart Dubai, Emirates Airlines, Dubai Police, Roads and Transport Authority (RTA), Knowledge and Human Development Authority (KHDA), Dubai Health Authority (DHA), Dubai Electricity and Water Authority (DEWA), Etisalat Digital, Emirates Integrated Telecommunications Company (Du), and Dubai Municipality.