If you’re a startup with the idea of redefining traveling, right here’s an opportunity you shouldn’t pass over out. 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-degree startups with an operating prototype; the program seeks to present a lift to product and provider solutions inside the aviation, tour, and tourism quarter. The startup idea can be hardware, software program-primarily based, or whatever in among, and can be judged based totally on creativity, innovation, feasibility, and scalability.
Applicants conventional as finalists to the program may be given get admission to a four-day pre-incubation Bootcamp, in which startups will work with mentors to validate their startup’s marketplace suit and build your pitch deck. Teams could be given the possibility to give their pitch deck to senior executives on the Emirates Group, GE, Department of Tourism and Commerce Marketing and Dec, in which 4 triumphing startups will input the incubator.
Winners will then acquire a coins prize of up to AED50,000 (disbursed at key milestones) and could be part of Intel’s 3-month intensive incubation software, including based workshops, mentorship, and a co-running space at 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, and graduated 20 startups from its incubation program, and contributed AED2 million in seed investment and in-kind guide thru workshops, mentoring, and get entry to sources and device. Idea Lab, Intelak’s innovation software, has supported extra 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 been received reputation at Entrepreneur Middle East’s 2018 Enterprise Agility Awards 2018, as did The Concept, a startup developing disruptive hardware and software answers.
Another of Intelak’s startups, SweepTeQ, an 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.