Posted on
October 11, 2022

Top 7 Accelerators in Dubai

Maximilian Fleitmann
CEO of BaseTemplates

Accelerators in Dubai are a great way for early-stage companies to improve their business model and reach the next level of growth. An accelerator helps you ease into the world of entrepreneurship by showing you how to manage your business and grow your product, while also providing mentorship, education and funding.

Top 7 Accelerators in Dubai

1. FasterCapital

FasterCapital-Accelerator-Dubai

FasterCapital is an online incubator, accelerator, and service provider. We help startups and small businesses worldwide and invest in them in a work-per-equity model. We provide either technical development per equity or business development per equity. We help startups and SMEs that are raising capital from angel investors, VCs, micro VCs, and other funding sources.

Website: www.fastercapital.com

Founded: 2010

Top Industries active in: Software, Information Technology and E-Commerce.

Number of Investments: 149

Exits: 4

FasterCapital's most notable exits include Huddle, RightNow Technologies, and Timios National Corp..

2. Intelak Hub

Intelak Hub-Accelerator-Dubai

Intelak is a technology and innovation hub, based in Dubai, that supports early and late-stage start-ups with the education, mentorship, tools and resources needed to address business challenges in global aviation and tourism.

Intelak Hub’s principal partners - the Emirates Group, Dubai’s Department of Tourism and Commerce Marketing (DubaiTourism), Accenture and Microsoft - provide support, expertise and mentorship at each stage of the Hub’s programmes.

Intelak Accelerator: An eight-week programme for late-stage start-ups looking to scale their businesses that address key challenges for our principal partners. (https://intelak.com/accelerator/)

Intelak Incubator: An eight-week programme for early-stage start-ups to move their business through the launch stage. (https://intelak.com/incubator/)

Intelak Idea Lab: A three-week programme designed specifically for UAE Nationals with a start-up idea in aviation, travel or tourism. (https://intelak.com/idea-lab/)

Website: www.intelak.com

Founded: 2016

Top Industries active in: Travel, Tourism and Software.

Number of Investments: 56

Exits: 4

Intelak Hub's most notable exits include Eddy Travels, TripYeah, and Safety Line.

3. DIFC FinTech Hive

DIFC FinTech Hive-Accelerator-Dubai

DIFC FinTech Hive brings the latest FinTech solutions to MEASA and connects startups with the region's largest financial industry stakeholders and institutions.

Website: www.fintechhive.difc

Founded: 2017

Top Industries active in: Financial Services, FinTech and Artificial Intelligence.

Number of Investments: 47

Exits: 4

DIFC FinTech Hive's most notable exits include FOMO Pay, Trust Stamp, and Encore Theme Technologies.

4. TURN8

TURN8-Accelerator-Dubai

TURN8 is an initiative launched by DP World to foster a global entrepreneurial and innovation culture. The aim is to inject entrepreneurial know-how and accelerate commercialise-able ideas to market. This revolutionary program will strategically scout for international early stage ideas and concepts that can be refined and brought to market through the TURN8 seed accelerator.

The program will take place over 12 months, beginning with a rigorous online and event-based international scouting campaign, followed by a 120-day funded Rapid Fire Business Modelling and Prototyping seed accelerator, with extensive follow-on support. This program is a remarkable collaboration between enterprise and innovators.

Website: www.turn8.co

Founded: 2013

Top Industries active in: E-Commerce, Software and Mobile.

Number of Investments: 46

Exits: 2

TURN8's most notable exits include Melltoo and Pixelbug.

5. Techstars Dubai

Techstars Dubai-Accelerator-Dubai

The Techstars Dubai Accelerator in partnership with GINCO is expanding Techstars’ presence in the Middle East. GINCO is a full service general contracting firm, covering the full lifecycle of the construction process from concept to execution and supervision. Dubai is known for their leadership in technology innovation. Pioneering entrepreneurs leading innovative companies solving challenges in transportation, construction, wellness, IoT, robotics, & beyond should apply, no matter your location.

Website: www.techstars.com

Founded: 2006

Top Industries active in: Software, Transportation and Health Care.

Number of Investments: 22

Exits: 1

6. Startupbootcamp Smart City Dubai

Startupbootcamp Smart City Dubai-Accelerator-Dubai

Startupbootcamp Smart City Dubai is the leading program supporting innovative companies in the IoT & Connectivity, Urban Automation & Mobility, Artificial Intelligence, Blockchain, Open City Data, Sustainable Cities & Living, Smart Government, and Smart Retail industry.

Our intensive 3+3 month program provides 10 selected Smart City companies with hands-on mentorship from over 100 industry experts, office space in Dubai, seed funding, and access to a global network of investors and corporate partners from across the Smart City industry.

Website: www.startupbootcamp.org

Top Industries active in: Information Technology, Energy and Internet.

Number of Investments: 12

Exits: 2

Startupbootcamp Smart City Dubai's most notable exits include The Uncube and Earth Energy EV.

7. Womena

Womena-Accelerator-Dubai

We produce creative content focused on female founders, creatives and changemakers. Our flagship accelerator program, womentum, is an experience-based early stage accelerator for female-led tech startups in the Middle East, and aims to increase the pipeline of women entrepreneurs in the regional ecosystem. The accelerator is documented through our media platform and produced into a docu-series called Womentum. Our Womena Bossladies network has the largest number of female entrepreneurs and investors in the Middle East. All of these elements come together to make womena the leading ecosystem enabler for diversity and inclusion in MENA.

Founded in 2014, womena has built an award-winning angel investment group that facilitated over 3 million AED in funding into 10 companies. The goal of womena is more women in business, more women investors, and a more inclusive, diverse, and consequently booming ecosystem.

Website: www.womena.com

Founded: 2014

Top Industries active in: E-Commerce, Internet and Health Care.

Number of Investments: 11

Exits: 3

Womena's most notable exits include Melltoo, Souqalmal, and Wrappup.

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