If you’re a startup with the idea of redefining traveling, right here’s an opportunity you shouldn’t pass up. Organized using the Emirates Group, GE, and Dubai Tourism, the Intelak incubator software is now welcoming programs for its 6th cohort.
Open to college students, entrepreneurs, and early-stage startups with an operating prototype, the program seeks to provide a lift to product and provider solutions within the aviation, tourism, and travel industry. The startup idea can be hardware, software program-primarily based, or whatever in between, and can be judged based on creativity, innovation, feasibility, and scalability.
Applicants conventionally selected as finalists to the program may be given access to a four-day pre-incubation Bootcamp, in which startups will work with mentors to validate their startup’s marketplace fit and build their pitch deck. Teams could be given the possibility to give their pitch deck to senior executives at the Emirates Group, GE, Department of Tourism and Commerce Marketing, and Dec, in which 4 triumphing startups will enter the incubator.
Winners will then acquire a coin prize of up to AED50,000 (disbursed at key milestones) and could be part of Intel’s 3-month intensive incubation software, including workshops, mentorship, and a co-working space in Dec, with startups retaining all fairness and IP. The software will finish with an investor demo day for every startup to pitch to specialists, angel buyers, and VCs for possible opportunities for future collaboration and investment.
Since its launch, in keeping with its impact document, Intel has obtained over 1 two hundred programs, worked with over one hundred startups, graduated 20 startups from its incubation program, and contributed AED2 million in seed investment and in-kind guidance through workshops, mentoring, and access to sources and devices. Idea Lab, Intelak’s innovation software, has supported more than 40 Emirati innovators to show their thoughts to commercial enterprise standards.
Its graduates have also affected the surroundings, with 70% of its graduates efficiently elevating investments. A few of its outstanding graduates: data received a majority stake in DUBZ, a luggage pickup, garage, and shipping provider, and also received recognition at Entrepreneur Middle East’s 2018 Enterprise Agility Awards 2018, as did The Concept, a startup developing disruptive hardware and software solutions.
Another of Intelak’s startups, SweepTeQ, a business enterprise utilizing robotic tech to come across particles on aircraft runways, has won a place at Startupbootcamp London’s accelerator application, even as travel revel in curation app Trift received monetary aid from Dubai Tourism.
