STARTUPS PAIR UP WITH CORPORATE PARTNERS AT STEP CONFERENCE 2020
Emirates NBD, Sumitomo and Mediclinic select startups they will collaborate with on new projects and solutions
Hosted by Dubai Startup Hub, Market Access matchmaking event attracts record number of international startups, with 40% of submissions coming from outside of UAE
Dubai, UAE: Three leading UAE corporates have announced plans to collaborate with startups on new pilot projects, following two days of business matchmaking and pitching sessions at the STEP Conference 2020 in Dubai.
The two-day event, hosted by Dubai Startup Hub as part of its Market Access programme, concluded with the corporate members announcing the names of startups that they will join forces with.
Emirates NBD will join forces with Cloudia, Dafar DMCC/PurchasePerfect, PassPadu, and Arcab, to focus on issues of procurement, extracting information from unstructured data and digital mobility service.
While Sumitomo will collaborate with Basetrack, which uses advanced cartography and high precision telemetry to control vehicles and provide real-time fleet management. Mediclinic chose four start-ups, namely Nearmotion, Healthigo, Eternity Medicine and InstaPract to help them with interactive customer engagement, dealing with diabetes reversal and anti-aging, cloud technology and the region’s first white-labelled telehealth platform.
The startups were selected from a pool of 21 shortlisted candidates that pitches business concepts and solutions that addressed existing challenges for corporate members related to procurement, supplier management, warehousing, investment in future of mobility, e-commerce transformation and reimagining customer experience.
Natalia Sycheva, Manager of Entrepreneurship at Dubai Chamber said the Market Access programme attracted a record number of international startups, with 40% of the 100 submissions coming from outside of the UAE, reaffirming Dubai’s status as a global hub for entrepreneurs.
Around 11% of startup entries came from Russia, followed by the EU (10%), India (8%) and other countries (11%). The competing start-ups specialise in mobility, logistics and supply chain, green energy, healthcare and enterprise solutions, she revealed, adding that Market Access provides an attractive platform for global startups that plan to enter the Dubai market.
“STEP Conference 2020 proved to be an ideal platform for our corporate members and participating startups to network and collaborate, while the event also gave us an opportunity to showcase the benefits of joining Market Access and other initiatives and programmes offered by Dubai Startup Hub, such as the Dubai Smartpreneur Competition 5.0 and Co-Founder Dubai. We look forward to seeing the end-product of the partnerships that have been facilitated by Market Access,” said Natalia Sycheva, Manager of Entrepreneurship at Dubai Chamber.
Dubai Chamber launched Dubai StartUp Hub in 2016 as an online platform to connect start-ups, entrepreneurs, developers, venture capitalists and students, enabling them to learn about new opportunities and create new partnerships that stimulate economic growth.
Market Access is one of Dubai Startup Hub’s flagship programmes designed to facilitate partnerships between corporates and start-ups. The programme offers annual membership to corporates with four matchmaking events held throughout the year.
Other News
Mohammad Ali Rashed Lootah: “The success of family businesses boosts economic activity and contributes to achieving the goals of the Dubai Economic Agenda (D33).” The ‘Corporate Governance Guidelines for Family Businesses’ toolkit focuses on governance structures, governance frameworks, and key regulatory guidelines for family businesses. Dubai, UAE – The Dubai…
Read more
Mohammad Ali Rashed Lootah: “Engaging with Business Groups and Councils helps to ensure the interests of all economic sectors are addressed, contributing to a dynamic investment environment that unlocks opportunities in diverse areas.” The chamber is committed to enhancing cooperation and building effective partnerships between the public and private sectors…
Read more
A total of 1,118 ATA Carnets were issued and received during the first two months of 2024 for goods with a value of AED 695 million. Mohammad Ali Rashed Lootah: “ATA Carnets enhance Dubai’s economic flexibility and boost the growth of various business sectors, especially in terms of simplifying customs…
Read more
Mohammad Ali Rashed Lootah: “We are keen to enhance the digital and operational readiness of Dubai-based companies to keep pace with the evolving requirements of the ecommerce sector.” Ecommerce is expected to generate revenue of more than US$ 6.7 billion in the UAE during 2024. Dubai, UAE – Dubai Chamber…
Read more
Mohammad Ali Rashed Lootah: “During the past year, Dubai has consistently attracted foreign direct investment from many different nations and sectors, underlining the diversity of the emirate’s business environment and its broad economic appeal.” “The remarkable increase in the diversity of nationalities represented among the owners of member companies reflects…
Read more