A:Supported by leading technology companies, venture capital funds, exceptional talent and the Abu Dhabi government’s accelerator programme ‘Ghadan 21’, Hub71 enables a community of technology innovators and provides access to capital, market and talent – all required to help start-ups and entrepreneurs develop, scale and build transformational businesses.
The Hub71 incentive programme is designed to facilitate ease of doing business and reduce the setup costs for start-ups. Start-ups at various stages get access to a menu of grants covering free housing, office space, health insurance, among others.
Companies that will be considered for the Hub71 incentive should meet as many of the following criteria as possible:
• Be high-growth tech companies
• Offer disruptive technologies
• Target a large user base or potential pool revenue
• Provide transformative technologies or business models
• Set up a meaningful presence (the majority of the team including engineering capabilities) at Hub71
• Secured VC funding in the last three years
Applications are open and can be accessed through Hub71’s website
https://www.hub71.com. There are four cohorts a year where the selection committee meets and selects the start-ups eligible for the incentive program.