Dubai - AREA 2071 hosts 20 global startups worth AED42.2 m
Wednesday, 06 12 2019, Category: Technology, Country: U.A.E
An initiative of the Dubai Future Foundation, AREA 2071 has recently hosted 20 global startups valued AED42.2 million to participate in two renowned global Accelerator Programmes.
Maha Al Mezaina, Head of AREA 2071, reiterated the essential role played by emerging companies in shaping key future sectors, due to their capacity in coping with the rapidly changing global needs and challenges.
Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, AREA 2071 is an interactive platform that brings together the most innovative and creative minds, and stands as a testament to the UAE’s continuous efforts and vision to position the UAE as a global centre for future technologies.
"AREA 2071 is a unique ecosystem that offers local, regional and global startups and emerging companies an innovative working space and embraces creative minds allowing them the opportunity to innovate, develop products and pilot projects, contribute to the economy and expand their success and growth," Al Mezaina said.
The AREA 2071 hosted 20 global startups, led by the world-class Techstars startup accelerator programme and AI Venture Labs Accelerator Programme, in cooperation with Microsoft.
Source: Government of Dubai – Media Office