A new hub for bright minds with great ideas has opened its doors in Masdar City.
The aptly named Tech Park will serve as base for innovative companies specialising in sustainability, technology and the digital economy.
Firms funded and mentored by the Catalyst, the Middle East’s pioneering start-up accelerator focusing on clean technology and sustainability, are some of the hub’s early occupants.
The Catalyst looks to attract 30 more start-ups to Tech Park by 2021 in line with its programme to nurture at least 12 new local and international business enterprises per year.
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Not lacking in cool factor, Tech Park utilises recycled shipping containers converted into offices.
It was also announced that the centre will hosts the UAE Clean Tech Challenge happening in November this year.
Tech Park is of course just the latest addition to theb growing number of organisations that support start-ups both here and abroad.
Have a brilliant concept in mind? Here are some of the groups you can approach to help get your project up and running.
Flat6Labs
This digital innovation hub backed by twofour54 supports start-ups focusing on media and digital content, film production, e-commerce, social media, online education, gaming, mobile apps and big data and analytics. Budding ventures will benefit from its various programmes including initial funding, mentorship, development workshops and office space. Visit: flat6labs.com
Wamda
With offices in the UAE, Jordan, Lebanon, Istanbul and even Kenya, this firm extends helping hand to businesses engaged in media, community development, research, corporate and government advisory services.
Funding and mentorship will be provided to help a company grow. Just some of the firms it helped include Souq.com, Maktoom and Careem. Visit: wamda.com
Krypto Labs This Abu Dhabi-based business incubator supports start-ups with innovative ideas and products across various industries. It’s backed by the Abu Dhabi Financial Group and offers funding, mentorship, co-working space and networking to help founders focus in developing their ideas with minimal distractions. Visit: kryptolabs.com
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