Dubai Silicon Oasis, a particular financial zone devoted to information and innovation and a member of the Dubai Built-in Financial Zones Authority (DIEZ), in collaboration with the Massachusetts Institute of Know-how (MIT), and World Development Hub (GGH), in the present day introduced the collection of 10 startups for the second cohort of the MIT DesignX Dubai Accelerator (MDXB).
Launched in September 2023, MDXB serves because the Dubai chapter of the famend worldwide MIT DesignX Accelerator Programme.
The programme’s rigorous curriculum, developed by MIT and efficiently examined within the inaugural cohort, consists of workshops and intensive design and enterprise courses. These classes will happen, until Might 2025, on the Dubai Know-how Entrepreneur Campus (Dtec), the most important tech hub and co-working house within the MENA area wholly owned by DIEZ.
Collaborating startups will refine their enterprise fashions, supported by mentorship from native trade leaders, MIT alumni, and assisted by MIT scholar interns.
The fruits of the intensive accelerator programme will probably be marked with a Demo Day on January 30, bringing collectively the collaborating startups, buyers, trade friends and stakeholders, and DSO’s neighborhood and community, to rejoice the conclusion of the second version. The winner of the second MDXB cohort may also be awarded on the occasion.
Dr. Juma Al Matrooshi, Director-Common of DSO, stated, “Internet hosting this cohort of startups enrolled within the MIT DesignX Dubai Accelerator is testomony to the resounding success of the inaugural version. The accelerator programme continues to draw world and native curiosity, with greater than 400 functions obtained from throughout the globe. We’re excited to welcome these 10 promising startups to assist them refine their imaginative and prescient and obtain their ambitions. This initiative aligns with our dedication to fostering a thriving ecosystem for expertise and sustainability entrepreneurs in Dubai and constructing a collaborative community of innovators that may develop options to deal with world challenges.”
Gilad Rosenzweig, Government Director of DesignX on the MIT College of Structure and Planning, stated, “The primary cohort of MDXB showcased superb improvements, and I’m thrilled to see what the second cohort will obtain. This programme, bolstered by high MIT school, gives an ecosystem that fosters enterprise and management development and encourages members to leverage mentorship alternatives. These startups emerge to scale their improvements and make an enduring affect within the UAE and past.”
For his half, Omar Hassan, Managing Director at GGH, stated, “The launch of the second cohort underscores the distinctive potential of this programme to form the way forward for innovation and entrepreneurship. At GGH, we’re proud to collaborate with DIEZ and MIT to create a platform the place daring concepts converge with professional steerage. This 12 months’s cohort displays exceptional range and a powerful dedication to sustainability, completely aligning with world priorities and the UAE’s imaginative and prescient for a sustainable future. We sit up for seeing these startups obtain transformative milestones.”
The chosen startups for this cohort characterize Europe, the US, and the GCC, with a shared concentrate on environmental, social, and governance (ESG) ideas and sustainability. Their progressive options span sectors similar to hydrogen expertise, waste administration, emissions discount, and vitality storage and extra.
These embody – Protium Applied sciences, a specialist in sustainable hydrogen applied sciences, specializing in hydrogen detection, water therapy, and bio-hydrogen options; Kanz, an AI-powered aggregator that simplifies and personalises financing functions; PeykBot, a designer and operator of autonomous, AI-powered robots for last-mile parcel and meals supply; Bilqis GreenTech, a waste administration options supplier aiming to enhance waste recycling and cut back environmental affect; Journey Indigenous, a platform offering eco-friendly, indigenous-led journey experiences throughout the UAE and Oman.
In addition they embody Circa Biotech, converts natural waste into assets like insect protein, bio-diesel, and natural fertiliser; Net0, gives AI-driven carbon accounting software program that helps organisations measure, cut back, and report their carbon emissions; EcoConnect, empowering companies to safe ethically, procure sustainably and handle provider administration with ease; Theion, a developer of sustainable lithium-sulfur batteries for varied functions, together with mobility and vitality storage.; and The Hung Bag, a multifunctional bag designed to be held on doorways for receiving and organising deliveries.
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