After an exceptional performance of our three previous cohorts, we are thrilled to announce our 4th Selection Days that took place last December, where we chose our new cohort that included 60% local startups. The new cohort kicked off on January 26.
Following an exhaustive scouting process where we visited 25 cities receiving more than 1300 applications from 99 cities and conducting more than 400 meetings with founders, we were finally able to select the top 20 startups joining our Selection Days.
On December 9th, 20 startups from 9 different countries landed in our offices at Dtec in Dubai Silicon Oasis to compete for a spot in our 4th cohort. The startups pitched their ideas and value propositions to a panel of partners and mentors, and then they got to have 1:1 meetings with more than 20 mentor, partner, and corporate executive where they received valuable feedback and networked with different stakeholders. Finally, although it wasn’t the easiest decision, the top 10 startups joining the program were selected.
The 10 startups are currently based at our offices in Dtec, the largest co-working space in the MENA region, and they will undergo a three-month intensive acceleration program providing them with hands-on mentorship and workshops with more than 100 Smart City experts.
UAE’s top Smart City stakeholders are supporting the award-winning Dubai Smart City Accelerator. The program is backed by Dubai Silicon Oasis, Dubai Chamber, Smart Dubai, du, Visa, Orange Business Services, and RIT Dubai. Those partners are providing the startups joining the program with the funds needed to expand their business in Dubai, an extensive network of experts and mentors, and the opportunity to secure a collaboration with them.
The 4th cohort features startups working in AI, Automation, Sustainability, Gig Economy, E-Commerce, Hospitality, PropTech, Legal Tech, and Mobility. Here is a glimpse about the new cohort:
- Aoun (Jordan): an on-demand service management platform powered by AI and ML.
- Bawaki (UAE): connects F&B outlets to end-users to provide surplus food at discounted rates to help curb food wastage.
- Inelense (Canada): an artificial intelligence video analytics that provides actionable alert to people monitoring surveillance cameras.
- Jaaem (UAE): builds a novel platform where users can proceed to checkout with one click while watching video content.
- Lexyom (Lebanon): provides experienced, international, and price predictable legal services with state of the art technology.
- Paymatrix (India): facilitates short-term credit to individuals for them to better manage their cash flows and cash crunches.
- Pickyto (India): delivers Express Food Ordering Solutions for Restaurants & Hotels of all sizes and shapes.
- Shiftling (UAE): an on-demand, pay as you go platform that enables businesses to book staff as and when they need them, instantly.
- Tenex (UAE): is a solution that streamlines the two-way communication between Tenants, Landlords, and community management.
- Vetifly (UAE): helps its users save up to 80% of their current point-to-point commute time, through a unique multi-modal transportation approach.
The previous cohorts have collectively secured so far 59 PoCs, and raised $USD 4,855,246.
“We’re thrilled by the fact that 60% of the new cohort’s startups are coming from the local UAE market, and that these startups are providing outstanding Smart City solutions that can fit both the local and international markets,” said Leen Nabulsi, Managing Director of DSCA. “We’re excited to see what will be the outcomes of the 4th cohort, and we will work on supercharging the startups’ potentials to expand and support the Dubai 2021 Smart City strategy.”
After graduating, the startups will continue to have our support in closing rounds of investments and signing more pilot projects with corporate, as part of our Global Alumni growth program.