The fifth round of Future Accelerators, which is run by Dubai Future Foundation, marks the second year of operations for the program– which pairs startups with Dubai government entities, in order to develop new technology ideas.
The nine-week program aims to find innovative and smart solutions that make use of advanced modern technologies such as Artificial Intelligence, Blockchain, IoT, VR and AR for challenges that are faced by the 12 participating government entities.
The companies involved were chosen after evaluating presentations from over 600 companies from over 70 countries around the world.
His Excellency Mohammed Al Basti, Secretary General of the Executive Council of Dubai, Member of the Executive Committee of Dubai Future Foundation, commented: “Dubai continues to play a vital role in shaping the future and leading innovations, it’s a platform to radically transform today’s business models to keep up with the fast pace moving industries. Also, establish the city as the unique destination for companies, creative minds and innovative solutions from all over the world.”
Saeed Al Falasi, Executive Director of Future Platforms at Dubai Future Foundation, stated that the previous editions of Future Accelerators have already generated 110 MoUs between government entities and participating companies.
“Since its establishment, the program has attracted a number of startups from all over the world. These partnerships have contributed to improving the quality of government services and providing support to government organisations in Dubai to achieve their future objectives. This edition’s significance lies in the number of companies selected from the UAE to provide innovative solutions that shape the future of strategic sectors in Dubai,” stated Al Falasi.
The event will be attended by the Department of Economic Development, the General Directorate of Residency and Foreigners Affairs in Dubai, Smart Dubai, Emirates Airlines, Dubai Police, Roads and Transport Authority (RTA), Knowledge and Human Development Authority (KHDA), Dubai Health Authority (DHA), Dubai Electricity and Water Authority (DEWA), Etisalat Digital, Emirates Integrated Telecommunications Company (Du), and Dubai Municipality.