Hub71 is community of founders, investors and business enablers that form a unique technology ecosystem strategically located in Abu Dhabi.
Named after the UAE’s formation in 1971, Hub71 is creating the optimal environment for transformative tech companies looking to maximize success, produce outstanding tech innovations and scale globally.
Hub71 is a flagship initiative of the AED 50 billion economic accelerator program, Ghadan 21, which means “tomorrow” in Arabic.
Access to capital by attracting top VC funds and investors to increase the pool of capital available to startups and VCs in Abu Dhabi.
Access to a favorable business environment through our partner, Abu Dhabi Global Market (ADGM), which is best placed to improve the ease of doing business for startups.
Access to global markets through Mubadala Investment Company’s network of more than 60 global assets under management in 15 sectors.
Hub71 aims to be the go-to hub for tech companies, startups and investors looking to capitalize on growth opportunities in one of the world’s fastest growing economies.
Hub71 - Incentive Program offers:
- Office Space at WeWork in Abu Dhabi’s financial district on Al Maryah Island
- Housing by OYO 5 minutes drive from WeWork
The Hub71 Incentive program has two tiers available depending on the stage of startup:
100% subsidized for Seed Stage Startups:
- 2 – 5 people
- $100k – $500k of capital raised
- Incentive for 2 years
50% subsidized for Emergent Stage Startups:
- Up to 25 people
- $500k or more capital raised
- Incentive for 3 years
Office Space at WeWork:
The WeWork x Hub71 community is a vibrant, global and dynamic workspace that is now open to the public. Located in the heart of Abu Dhabi’s financial district, the space spans across three floors with over 5,000 square meters of collaborative and inspirational workspaces tailored to tech companies.
Housing provided by OYO:
OYO will provide select accommodation to startups that have been granted Hub71’s incentive packages, which will be located in Al Reem Island 5 minutes driving distance from Al Maryah Island.
OYO will be leasing, fitting out and managing residential units for Hub71 residents, providing both furnished and unfurnished units.
Companies that will be considered for the incentive program should meet the following criteria:
- Be high-growth tech companies
- Target a large user base or potential pool revenue
- Provide transformative technologies or business models
- Secured VC funding in the last three years
- Set up a meaningful presence at Hub71
Learn more about this Abu Dhabi Startup Program by visting their website: