If you’re a startup with the idea of redefining traveling, this is an opportunity you shouldn’t pass over. Organized using the Emirates Group, GE, and Dubai Tourism, the Intelak incubator software is now welcoming programs for its sixth 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 a hardware or software program primarily based on and can be judged based totally on creativity, innovation, feasibility, and scalability.
Applicants conventional, as finalists to the program, may be given admission to a four-day pre-incubation boot camp. Startups will work with mentors to validate their startup’s marketplace suit and build their pitch deck. Teams could share their pitch deck with senior executives on the Emirates Group, GE, Department of Tourism and Commerce Marketing, and Dec, in which four triumphing startups will input 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. This software includes based workshops, mentorship, and a co-running space in December, 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 future collaboration and investment opportunities.
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 thru workshops, mentoring,, and get entry to sources and device. In addition, Idea Lab, Intelak’s innovation software, has also supported more than 40 Emirati innovators in showing their thoughts on 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 a 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, 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.
