Applications Now Open for StartAD’s Sprint Accelerator Programme

StartAD, the Abu Dhabi-based global accelerator anchored at NYU Abu Dhabi (NYUAD) and powered by its partner Tamkeen, has opened applications for the fourth cycle for its Corporate Sprint Accelerator programme. Applications close on March 10. Taking place between April 1 and 14 at NYUAD, the programme will be focused on innovative solutions in the fields of construction and sustainable development.

The accelerator will steer global startups specializing in Artificial Intelligence (AI), Internet of Things (IoT), and hardware technologies, to grow and scale in the UAE through potential pilot projects with startAD’s partners including ALEC Engineering and Contracting, and the Consolidated Contractors Company. The winning startup will receive the ALEC Innovation Award worth $10,000. The programme will also train startups in investment readiness, and all selected startups will be considered for co-investment of up to $250,000 through startAD’s Seed Fund.

“Analysts expect that digital solutions can reduce construction project costs by 45%, which is a significant saving for the future development of the engineering and construction sector,” says Managing Director of startAD Ramesh Jagannathan. “Our Corporate Sprint Accelerator partners industry leaders with early-stage startups, enabling knowledge sharing that can create entrepreneurial innovations tailored to real business needs and enhancing the regional construction sector with new technological implementation,” he states.

Since the first cycle in September 2017, the startAD Corporate Sprint Accelerator has worked with 112 startups from 24 countries. These alumni are creating significant impact globally having raised $45 million in investment, generating $15 million in revenue, securing over 50 pilot projects with corporations, and occupying over 230 job spots.

You can click here to apply.