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- MOU was signed during Hub71’s participation at Global Manufacturing and Industrialisation Summit (GMIS) 2021
Abu Dhabi, United Arab Emirates : Hub71, Abu Dhabi’s global tech ecosystem, and Hewlett Packard Enterprise (HPE) signed an MOU at Global Manufacturing and Industrialisation Summit (GMIS) to collaborate in a series of mutually beneficial programs dedicated to nurturing tech start-ups. Founders will benefit from direct access to HPE’s experts, mentorship and opportunities to further develop technologies in collaboration with the global edge-to-cloud company.
Signed by Badr Al-Olama, Acting Chief Executive Officer of Hub71 and Ahmad Alkhallafi, Managing Director for UAE at HPE, the collaboration will enable an innovation acceleration ecosystem with real market demand, processes, and technologies - such as Artificial Intelligence (AI) and High Performance Computing (HPC). Participating start-ups can leverage the HPE Digital Life Garage, allowing them to test or develop certain prototypes or solutions that are demanded by customers and run events to demonstrate these solutions.
Badr Al Olama, Acting CEO, Hub71, commented: “Partnering with HPE will enable Hub71 start-ups to incorporate domain expertise to deliver cutting-edge solutions to the market. Importantly, founders can collaborate with HPE through our programs and Community Center of Excellence that will provide founders with the expert knowledge and access necessary to innovate and increase their commercial viability. Attracting HPE as a strategic partner elevates our value proposition and we look forward to creating impact together for our start up community.”
HPE to participate in Hub71 programs’ The Outliers and Ventures Lab
HPE will participate in the next edition of The Outliers, Hub71’s annual partner challenge program, in partnership with corporate and government partners designed to address industry challenges. Through the new partnership, HPE will set challenges for founders worldwide to solve, with the winning start up gaining the potential to secure funding from Hub71 to develop the Proof of Concept (POCs) selected by HPE. Successful start-ups will get shortlisted to benefit from Hub71’s broad range of flexible incentives dedicated to easing the growth phase of the start-up journey.
HPE will collaborate with Hub71 to support early-stage founders from Hub71’s venture builder program, Venture’s lab, with insights on market needs and demands to align their business strategies and product growth management.
Ahmad Alkhallafi, Managing Director for UAE, Hewlett Packard Enterprise, said:
“We are proud to partner with Hub71 to nurture tech startups in the United Arab Emirates and look forward to participating in their latest program to address industry challenges - a goal that is perfectly aligned with our purpose to advance the way people live and work. The HPE Digital Life Garage will play a key role in providing the startups with access to cutting-edge technology, digital innovation expertise and tools they require to accelerate their innovation agendas.”
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About Hub71:
Hub71 is Abu Dhabi’s global tech ecosystem that enables founders to build globally enduring homegrown tech companies in any sector by providing access to global markets, a capital ecosystem, a global network of partners, and a vibrant community filled with highly skilled talent, governed by forward-thinking regulation.
Backed by the Government of Abu Dhabi and Mubadala Investment Company, Hub71 is growing its vibrant community of tech start-ups, investors, government, and corporate partners to ensure the availability of investment, commercial activities, and incentives from the public and private sectors. Through Hub71’s entrepreneurial infrastructure, value-add programs, enabling services and support packages, founders can build and scale widely adopted technologies with purpose and impact. Hub71 is on a mission to introduce new minds and technologies to Abu Dhabi, finding new ways to build globally enduring technology companies and sustain the nation’s continuous economic development.
For more information visit www.hub71.com and follow us on @Hub71AD #Hub71.
About Hewlett Packard Enterprise:
Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com
Media contacts:
Arvin Rivera, TechHubEdelman@Edelman.com
© Press Release 2021
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