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.
Lootah: Our role at Dubai Chambers is to support the various economic sectors in Dubai including construction. AED247.4 billion is Dubai’s trade of building materials during the period 2011-2021 Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has announced the launch of…Read more
H.E. Omar Sultan Al Olama: supporting Dubai’s economic agenda (D33) through digital transformation will drive growth and development in the business sector. Dubai, UAE – Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has issued a recent report detailing plans to drive the emirate’s…Read more
Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, together with law firm Trowers & Hamlins LLP, recently organised a UAE Employment Law Workshop to ensure members are kept up to date with recent changes in the Employment Law that regulates the employment…Read more
Dubai, UAE – In response to the continued rapid growth of Dubai’s digital industries and the growing start-up culture in the emirate, Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, brought together leading entrepreneurs, venture capitalists (VCs), and senior executives representing the venture capital…Read more
Lootah: These latest business groups will help ensure transparent communication between key players in each sector – the Chamber will continue to help create meaningful dialogue between group members, the Chamber and government. The groups focus on companies operating in fabrication and welding, electrical equipment and contractors’ business, cable and…Read more