startAD, the Abu Dhabi-based global accelerator anchored at NYU Abu Dhabi (NYUAD) and powered by its partner Tamkeen, has opened applications for its Corporate Sprint Accelerator program. Applications close on March 10, 2020.
Taking place from April 1 – 14, 2020 at NYUAD, the program will be focused on innovative solutions in the fields of construction and sustainable development. The accelerator will steer global startups specializing in Artificial Intelligence (AI), Internet of Things (IoT), and hardware technologies, to grow and scale in the UAE through potential pilot projects with startAD’s partners ALEC Engineering and Contracting, and the Consolidated Contractors Company (CCC). The winning startup will receive the ALEC Innovation Award worth USD 10,000. The program will also train startups in investment readiness, and all selected startups will be considered for co-investment of up to USD 250,000 through startAD’s Seed Fund.
Since the first cycle in September 2017, the startAD Corporate Sprint Accelerator has worked with 112 startups from 24 countries. These alumni are creating significant impact globally having raised USD 45 million in investment, generating USD 15 million in revenue, securing over 50 pilot projects with corporations, and creating over 230 jobs.