The program aims to accelerate the pace of entrepreneurship in the UAE. The Khalifa Fund for Enterprise Development and Abu Dhabi's global tech ecosystem, Hub71, have signed a cooperation agreement to launch the 'Mazna by Hub71' program. This initiative is designed to empower Emirati entrepreneurs and founders in the early stages of their entrepreneurial journey. Under the agreement, the 'Mazna by Hub71' program will provide support to between 10 and 15 Emirati startups in each cohort. Company founders will be guided on an intensive three-month journey to transform their ideas into initial testable products. The agreement was signed by Moza Obaid Al Nahyan, CEO of the Khalifa Fund, and Ahmed Ali Alwan, CEO of Hub71.
Launch of Startup Support Program in the UAE
The Khalifa Fund and Hub71 launch the 'Mazna by Hub71' program to support Emirati entrepreneurs at the initial stages. The program will help 10 to 15 startups turn their ideas into market-ready products within three months.