Connect with us

News

Hub71 Refreshes Its Company Building Program

Startups may be eligible for up to $204,000 to help accelerate growth and hasten their contribution to the local economy.

Published

on

hub71 refreshes its company building program

At this year’s GITEX Global conference, Abu Dhabi’s global tech ecosystem, Hub71, has announced a refreshed startup incentive known as the Company Building Program, where eligible businesses can receive up to $204,000 to accelerate their growth — a 50% increase over the original funding figure.

Upon completion of the program, top-performing startups could also be selected by Hub71 for an additional cash incentive of nearly $70,000 in exchange for additional equity.

The new incentive is a “natural progression” for Hub71, expanding on its pledge to support early-stage technology companies.

hub71 abu dhabi deputy ceo ahmad ali alwan

“This impact and shift to provide greater value to our startup community solidifies our commitment to founders as we aim to enhance the growth trajectory of innovative companies with the simplicity and flexibility needed to ensure they succeed,” Deputy CEO Ahmad Ali Alwan said.

“Our dedication will go beyond financial support; we are deeply invested in the success of startups in our community and will remain engaged in ensuring their sustainable growth and development in Abu Dhabi and beyond,” he continued.

Also Read: Social Media Addiction Is Greatly Impacting Arab Youth

Startups joining the Hub71 Company Building Program unlock an extensive network of corporations, government entities, and investment opportunities. The program also gives startups access to mentorship, advice, and support, which positively affects their ability to grow and contribute to the economy.

Globally, the startup sector is valued at a massive $3 trillion. By 2030, The UAE aims to create a home for 20 “unicorns” — startups with a valuation of $1 billion or more. Hub71’s new program should aid those ambitions, boosting the number of high-performing tech companies headquartered in Abu Dhabi.

Advertisement

📢 Get Exclusive Monthly Articles, Updates & Tech Tips Right In Your Inbox!

JOIN 23K+ SUBSCRIBERS

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Samsung’s Galaxy Watch 9 And Ultra 2 Specs Leak Ahead Of Unpacked

An 800mAh Ultra 2 battery and a switch from Exynos to Qualcomm silicon headline the expected changes for Samsung’s next smartwatches.

Published

on

samsung's galaxy watch 9 and ultra 2 specs leak ahead of unpacked

Samsung’s next smartwatches have little left to hide. A new leak reported by Android Authority has surfaced most of the remaining details about the Galaxy Watch 9 and Galaxy Watch Ultra 2, just over a week before the company’s Galaxy Unpacked event on July 22.

The biggest change is an invisible one: Samsung is expected to drop its own Exynos W1000 chip in favor of Qualcomm’s Snapdragon Wear Elite SW6100, a chipset unveiled only this year, according to the outlet.

Battery capacity looks like the other notable upgrade. Citing a report from Winfuture, Android Authority says the Watch Ultra 2 could reach 800mAh, well beyond the 590mAh cell in the current Watch Ultra. The 44mm Watch 9 reportedly gets a 445mAh cell — the same capacity as last year’s Watch 8 Classic — while the 40mm model stays at 325mAh.

The 40mm Watch 9 will reportedly feature a 438 x 438-pixel panel, with the 44mm Watch 9 and the Watch Ultra 2 sharing a larger 480 x 480-pixel screen. Samsung leaker Ice Universe has separately claimed the Ultra 2’s display could reach a peak brightness of 5,000 nits. RAM and storage vary by model, topping out at 2GB and 64GB.

Also Read: Tamper With The Recording LED & Meta’s Glasses Kill Camera

The Ultra 2 keeps its titanium case and 100-meter water resistance; the standard Watch 9 remains aluminum, rated to 5 ATM. All models are said to include Bluetooth 6.0, NFC, and dual-band WiFi, with the usual LTE variants, and ship with One UI 9 Watch running on Wear OS 7.

A separate leak puts the Galaxy Watch 9 at €409 (about $468) for the 40mm Bluetooth model, rising to €489 (about $560) for the 44mm LTE version, with the Watch Ultra 2 LTE at €749 (about $857) — figures Android Authority said were partially corroborated by Winfuture. Confirmation arrives on stage on July 22.

Continue Reading

#Trending