UAE And Italian Startups Showcase Innovative Solutions At Tech Mix Conference In Dubai
Ten innovative startups from the UAE and Italy pitched their business ideas at the Tech Mix conference in Dubai last week, showcasing technologies and solutions for the circular economy, energy and smart transport sectors.
Hosted by Dubai Startup Hub, the entrepreneurship arm of Dubai Chamber of Commerce and Industry, and organised by global strategy consulting firm Roland Berger in cooperation with italian banking group Intesa Sanpaolo, the event was part of an initiative to promote knowledge sharing and collaboration between startup communities in the UAE and Italy.
Participating startups included Enerbrain, GreenRail, U-earth, Energica Motors, Wimo, Volt Lines, Junkbot, Store2Door, Friendycar and Arcab.
His Excellency Liborio Stellino, Italian Ambassador to the UAE, who attended the conference, said Italy’s exports to the UAE topped EUR 5.4 billion in the last three years, pointing to huge capacity to boost Italy’s re-exports to the country.
Praising strong UAE-Italy relations, he said that events like Tech Mix serve as accelerator for future collaboration between Italy and the UAE and that he is committed to expanding cooperation to create a brighter future for both countries.
The ambassador added that Italian companies are well-represented in various economic sectors in the UAE and involved in developing the country’s infrastructure projects.
His Excellency Majid Saif Al Ghurair, Chairman of Dubai Chamber, stressed importance of hosting the conference as it serves as an ideal platform for the business community in Dubai to learn about the latest smart technologies and solutions that high-potential startups are bringing to market.
Dubai is keen to strengthen its position as a global innovation hub and knowledge-based economy, Al Ghurair said, adding that the emirate’s strategy to attract innovative startups from around the world supports this vision.
Al Ghurair added that Dubai is making considerable headway in adopting smart transport solutions as it aims to become one of the smartest cities in the world by 2021. He said that the UAE and Italian businesses can benefit by expanding their cooperation in this area, and work towards joint ventures that support the development of a sustainable and circular economy.
The event also featured representatives from Roland Berger Middle East, Intesa Sanpaolo, Intesa Sanpaolo Innovation Center, Google, Dark Matter, Hyperloop, Careem, and members of the local business community.
Kushal Shah, Head of Digital for Middle East and Asia at Roland Berger, said: “As the GCC transitions towards knowledge-based economies embracing technology, the innovative spirit of the region was on full display at our recently concluded Tech Mix.”
Shah added that the event reflected a collective commitment to “accelerating the growth of the tech innovation system” and contributing towards building a sustainable circular economy.
Maurizio Montagnese, Chairman of Intesa Sanpaolo Innovation Center, added: “In a forward-looking way, the UAE has strongly diversified their economy, focusing significant resources on innovation -a determining factor to compete in increasingly complex and globalised markets- with a particular attention to the circular economy, a key factor for the sustainable development of the planet. For this reason, we have chosen to carefully monitor this dynamic area to sustain the best Italian companies, including the most promising startups.”
Dubai Chamber launched Dubai Startup Hub in 2016 as an online platform to connect startups, entrepreneurs, developers, venture capitalists and students, enabling them to learn about new opportunities and create new partnerships that stimulate economic growth.