Khalifa Fund Calls Emirati Entrepreneurs To Apply For Innovation Incubator
Mohammad Ali (@ChaudhryMAli88) Published August 19, 2018 | 12:01 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 19th Aug, 2018) The Khalifa Fund for Enterprise Development has issued a final call for applications for the fourth edition of "Ibtikari" (My Innovation), an intensive six-month incubator aimed at helping Emiratis advance their technology start-ups.
This year’s updated version of "Ibtikari" is a result of a new partnership between the Khalifa Fund and startAD, an accelerator and entrepreneurship hub anchored at NYU Abu Dhabi and powered by Tamkeen. Considered one of the core initiatives of the Khalifa Fund, "Ibtikari" reflects the organisation’s mission to create a new generation of Emirati entrepreneurs by instilling in them the culture of entrepreneurship.
Scheduled to take place between 30th September, 2018, and 31st March, 2019, at NYU Abu Dhabi, "Ibtikari" is open to start-ups with at least one UAE national partner. Five teams will be selected based on their proposed concept, the project’s potential market reach, as well as its prototype or proof of concept. Applications currently remain open and are available via: http://sites.nyuad.nyu.edu/nyuadstartad/ibtikari/.
Abdulla Al Darmaki, CEO of the Khalifa Fund for Enterprise Development, said, "The updated version of ‘Ibtikari’ is a result of our new strategic partnership with startAD forged in line with our vision to be at the forefront of national efforts to instil the values of leadership among the UAE’s nationals.
Our partnership is a major addition to our integrated and comprehensive programmes designed to meet the needs and requirements of local entrepreneurs seeking to establish or expand their enterprises here in the country."
"Through our collaboration with startAD, we also seek to improve the competitiveness and promote the growth of local small and medium enterprises, SMEs, on top of supporting entrepreneurship, creativity, and innovation among our youth. We believe that we are significantly contributing to the UAE’s socio-economic development by fostering a culture of entrepreneurship in the country and encouraging innovation and sustainable growth within the SME community," Al Darmaki added.
Ramesh Jagannathan, NYU Abu Dhabi Vice Provost for Innovation and Entrepreneurship, Associate Dean of Engineering, and startAD Managing Director, said, "startAD’s goal is to support the UAE’s entrepreneurial ecosystem. In line with the Abu Dhabi Economic vision 2030, our aim is to also help diversify the local economy through the creation of successful start-ups. ‘Ibtikari’ seeks to equip start-ups, particularly of the UAE’s nationals, with the necessary tools to scale their technology ventures. We look forward to working with talented teams from the region."
Interested applicants are encouraged to attend information sessions with the Khalifa Fund and startAD representatives in Dubai or Abu Dhabi on 14th August and 27th August.
Related Topics
Recent Stories
Journalists call for global action to end Gaza’s humanitarian crisis
CM for generating opportunities to bring direct int'l investment
Pakistan retains position in FTSE secondary emerging market
High Commissioner of Malaysia hosts Iftar dinner reception
NEPRA announces 2nd quarterly adjustment in power bills with Rs 1.68 cut per uni ..
Hoopo Inc. Collaborates with SAU to Install Solar-Powered RO Plant
04 killed in Spain as Storm Nelson looms
Russian military jet crashes into sea off Crimea: Governor
Rain-windstorm/thunderstorm likely at various parts of country
Implementation of Sindh Agriculture Workers Act-2019 demanded
Pandemic accord talks heading for extra time
Khawaja reiterates PM commitment to judiciary
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
2 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
5 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
5 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
5 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
5 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
5 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
5 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
5 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
5 months ago -
SIBF turns spotlight on remarkable contributions of women
5 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
5 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
5 months ago