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10/29/24, 8:32 AM UAE announces TradeTech incubator as it supports logistics, AI and finance startups - Arabian Business: Latest News on the Midd…
that will contribute to modernise and improve logistics, customs procedures, trade finance
and cross-border payments.
TradeTech incubator in the UAE
Dr. Al Zeyoudi launched the Accelerator during WEF’s Annual Meeting of the Global Future
Councils 2024, which took place between October 15-17 in Dubai.
He also announced that Plug and Play, a globally renowned innovation platform with
extensive experience in nurturing startups, will be the Accelerator’s official partner,
providing mentorship, collaboration opportunities, and guidance to the participating
companies.
He also called for applications to the Accelerator, which is now open to submissions from
companies developing solutions that utilise artificial intelligence (AI) – which is the focus of
the second year of the TradeTech Initiative.
It is hoped the first cohort will graduate from the Accelerator in March 2025.
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