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Dubai, UAE: The Third Edition of The AICE Accelerator Programme, organised by GEMS Education, culminated in the Demo Day on Monday, April 30, where 50 young inventors and entrepreneurs across 20 teams pitched their concepts and business plans to a panel of judges including leading investors and entrepreneurs.
The Programme provides the shortlisted teams with mentorship, training, seed funding and connection with industries over two months to develop their product into an impact-driven and revenue-generating business. The shortlisted teams are assessed on innovation, value proposition, market need, scalability and business model.
The young start-ups included concepts from mobile farming, tailgating detection and notification, augmented reality (AR) apps for education and more from Cambridge International School Dubai, GEMS Founders School, GEMS Millennium School Sharjah, GEMS Modern Academy, GEMS Winchester School Abu Dhabi, GEMS Winchester School Jebel Ali and Our Own English High School – Sharjah Boys.
Karan Deep, Innovation Manager for the Innovation, Research and Development, GEMS Education, said: “The AICE Accelerator Programme is a great holistic opportunity and environment for GEMS students to be in. It offers the right mix of problem solving, critical thinking and entrepreneurial enthusiasm.”
The teams shortlisted for the GEMS-Singularity University Global Innovation Challenge, where they submit their solutions to the world’s most pressing challenges, were also inducted into the Accelerator Programme and pitched at the same event.
The winning team receives AED 10,000 and each team will receive 12 months of continued mentoring and support from GEMS Education to further develop their product and bring it into the market. The winners will be announced at the GEMS Innovation Awards on May 8 at GEMS Wellington Academy, Al Khail.
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About GEMS Education:
GEMS Education is one of the world’s oldest and largest K-12 private education providers. It is a highly-regarded choice for quality private education in the Middle East and North Africa region. As a company founded in the UAE in 1959, it holds an unparalleled track-record of providing diverse curricula and educational choices to all socio-economic means. Operating over 49 schools in the MENA region, GEMS Education currently serves over 115,000 students; and through its growing network of schools as well as charitable contributions is fulfilling the founder’s vision of putting a quality education within the reach of every child.
For more information on GEMS Education, please contact:
Gladson Ronad | Yasser Alvi
ASDA'A Burson-Marsteller
Tel: (+971) 4 4507 600
Email: gladson.ronad@bm.com | yasser.alvi@bm.com
