What is the story about?
What's Happening?
Hub71, Abu Dhabi's global tech ecosystem, has launched the Hub71 Startup Immersion Programme at the Investopia conference in Hong Kong. The programme aims to connect later-stage Hong Kong startups with Abu Dhabi’s tech ecosystem, facilitating regional expansion and market access. Hub71 signed Memoranda of Understanding with Hong Kong-based innovation hubs, including Hong Kong-Shenzhen Innovation and Technology Park Limited, Hong Kong Cyberport, and MTR Lab, to establish a pipeline of high-potential startups and facilitate reciprocal ecosystem access.
Why It's Important?
The launch of this programme highlights the growing importance of international collaboration in the tech industry. By connecting Hong Kong startups with Abu Dhabi, Hub71 is fostering innovation and providing startups with opportunities to expand into new markets. This initiative can lead to increased investment, technological advancements, and stronger economic ties between the regions. It also positions Abu Dhabi as a key player in the global tech ecosystem, attracting talent and innovation from around the world.
What's Next?
The two-week immersion programme will include virtual onboarding and in-person sessions in Abu Dhabi, offering startups access to regulators, investors, and corporate partners. The programme will conclude with a Demo Day during Hub71’s Impact Event in Abu Dhabi. This initiative marks Hub71’s fourth cross-border engagement this year, reflecting its goal of connecting Abu Dhabi with leading global innovation hubs.
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