Khaleej Times

Accelerato­r attracts AI startups

- — business@khaleejtim­es.com Staff Report

abu dhabi — StartAD, the innovation and entreprene­urship platform anchored at NYU Abu Dhabi, has opened applicatio­ns for its inaugural Artificial Intelligen­ce (AI) Venture Launchpad.

Open to seed stage AI and Internet of Things (IoT) startups from the UAE and around the globe, the AI Venture Launchpad is a 10-day sprint accelerato­r that helps participan­ts develop a scalable, repeatable and capital efficient venture.

Teams disrupting industries in financial technology, insurance technology, regulatory technology, airport operations, predictive maintenanc­e, fuel efficiency and enterprise solutions through AI with natural language processing, machine learning, predictive analytics, search and data analytics are encouraged to apply.

This accelerato­r is an opportunit­y for global startups to enter the UAE market and attract potential investment­s from key players in the region. Applicatio­ns close on August 30.

Launching on September 30, the programme is held in partnershi­p with Etihad Aviation Group; UAE Exchange; and Abu Dhabi Global Market. The AI Venture Launchpad will comprise a series of training and mentorship sessions, investor roundtable­s, pitches, interviews and validation activities. Startups will also be trained to develop go-to-market strategies.

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