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A new crop of start-up entrepreneurs are preparing to graduate from DP World’s TURN8 Seed Accelerator program. The autumn 2014 class of technology business founders will present to investors and the media at a private Investor Demo Day event on 17th January.
This is the third round of startups that TURN8 has provided seed funding to and has nurtured from idea to commercialisation in its 120-day program hosted in Dubai. The start-up founders in this round come from eight countries including United Arab Emirates, Morocco, Yemen, India, Indonesia, Georgia, Romania and Sri Lanka. After four months of acceleration, workshops and mentoring, the graduating start-ups will present their business plans, which range from innovative online platforms and mobile apps to unique hardware applications.
H.E. Sultan Ahmed bin Sulayem, chairman of DP World and Dubai Ports and Free Zone Corporation, said: “We are keen to support entrepreneurship through programmes such as Turn8 that nurture people with new ideas so they can turn them into commercial projects as part of our role to help build a knowledge-based economy that is helping transform Dubai into a global smart city in line with the UAE and Dubai 2021 plan. This will increase the international competitiveness of the country over the long term with innovation and creativity being one of the key drivers of economic growth.”
