Aldar Properties (‘Aldar’) has today launched the second cycle of Scale Up, the company’s equity-free accelerator program that provides a gateway for tech startups from around the world to access the UAE market with tangible opportunities to grow their businesses through real estate pilot projects with Aldar and Dubai-based strategic partner Majid Al Futtaim Communities. Developed in partnership with startAD, the Abu Dhabi-based global startup accelerator, powered by Tamkeen and anchored at NYU Abu Dhabi, the program invites startups to submit their applications by February 5, 2022.
In recognition of the accelerated shift towards Web 3.0, the second edition of Scale Up will become one of the UAE’s first programs to attract international startups with technologies that have the potential to shape the open metaverse. The program is specifically focused on start-ups with the capabilities and desire to reimagine the future of the real estate industry in more efficient, secure, and experiential ways through blockchain and NFT applications, artificial intelligence-powered data analytics, and customer experience game-changers like virtual reality. Entrants should demonstrate a track record of piloting with corporates of a similar nature as Aldar, with series A or B rounds of funding already raised, and have sufficient ability to scale their businesses.
