Page 126 - EMIRATES POST GROUP PR REPORT DECEMBER 2023
P. 126
12/20/23, 1:38 PM DIFC Innovation Hub Concludes 'Investor Day' With Over $600 Million In Funding | MENAFN.COM
their programmes. We have numerous success stories to share, with over 200 start-ups
graduating from our programme that have collectively raised over $600 million in funding. In
2023, the programme also saw a record-breaking number of participants with over 700
applicants for a single cohort, out of which 19 start-ups graduated. We wish them every
success as they continue to innovate and push boundaries.”
The keynote was followed by a panel discussion on the'Future of Investment: Tech Investment
Trends in the Region' including industry thought leaders such as Sharif Elbadawi, CEO of
Dubai Future District Fund, Khaled Talhouni, Managing Partner of Nuwa Capital, Khaled
Lababidi, Operating Partner at Arbor Ventures, moderated by Saqr Ereiqat, Co-founder Crypto
Oasis.
The event served as a 'graduation day' for 19 start-ups from the FinTech Accelerator
Programme – with a record-breaking 20+ proof-of-concepts created – and 10 women financial
services professionals from AccelerateHer who showcased their business plans and
enhanced skillset, having been mentored by some of the region's leading banks and
insurance companies.
This year, AccelerateHer participants received endorsement and mentorship from Dubai
Islamic Bank, whereas the FinTech Accelerator Programme was supported by Abu Dhabi
Islamic Bank (ADIB), Abu Dhabi National Insurance Company (ADNIC), Emirates NBD,
Emirates Post Group (EPG), HSBC, Mauritius Commercial Bank (MCB), Visa and Zurich.
DIFC is home to over 800 FinTech and Innovation companies who are unlocking the future of
finance. Innovative start-ups including, Norbloc, Sarwa, Tarabut gateway and Zywa have
graduated from accelerator programmes by the DIFC Innovation Hub.
MENAFN19122023000049011007ID1107629112
https://menafn.com/1107629112/DIFC-Innovation-Hub-Concludes-Investor-Day-With-Over-600-Million-In-Funding 2/2