Hub71 Launches Enhanced Incentive Program Offering Up to AED 750,000 for Startups - TechAfrica News

Hub71 Launches Enhanced Incentive Program Offering Up to AED 750,000 for Startups

Hub71, Abu Dhabi’s global technology ecosystem, has unveiled an upgraded Incentive Program designed to deliver greater value for startups joining its fast-growing community. The improved scheme supports innovation by combining substantial financial assistance with equity-based collaboration.

Program Overview

The revamped initiative, known as the Company Building Program, will offer participating startups up to AED 250,000 in in-kind services and AED 250,000 in cash for equity, helping founders access readily available capital and professional support.

Ownership and Cooperation Model

For the first time, Hub71 will take an ownership stake in startups admitted to the program. This shift introduces a model aimed at fueling sustainable growth and empowering founders with the right resources to scale and make a lasting impact.

“Hub71’s new incentive model reinforces the ecosystem’s commitment to enhancing the value delivered to founders and high-performing tech companies in Abu Dhabi.”

Completion and Additional Benefits

Upon completing the one-year Company Building Program, top-performing startups may receive an additional AED 250,000 cash incentive in exchange for more equity. This incentive will be provided through a Simple Agreement for Future Equity (SAFE), structured under founder-friendly terms within the Abu Dhabi Global Market (ADGM) jurisdiction.

Program Impact

By transitioning to this equity-based support model, Hub71 aims to strengthen Abu Dhabi’s appeal as a global innovation hub and foster a sustainable environment for ambitious tech entrepreneurs.

Author’s Summary

The enhanced Hub71 Incentive Program blends financial backing with equity partnerships, driving innovation and expanding growth opportunities for startups in Abu Dhabi’s tech ecosystem.

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TechAfrica News TechAfrica News — 2025-11-07

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