Abu Dhabi’s global tech ecosystem, Hub71 has entered into a partnership deal with the American multinational information technology company, Hewlett Packard Enterprise (HPE), to join hands in a series of mutually beneficial programs dedicated to nurturing tech startups.
Under the deal, the startup 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.
The memorandum of understanding (MoU), signed by Mr. Badr Al-Olama, Acting Chief Executive Officer of Hub71 and Mr. Ahmad Alkhallafi, Managing Director for UAE at HPE, will allow an innovation acceleration ecosystem with real market demand, processes, and technologies, such as Artificial Intelligence (AI) and High-Performance Computing (HPC).
The collaboration will enable the participating startups to strengthen the HPE Digital Life Garage, which lets 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
“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 startup community.”
In line with MoU, HPE will participate in the next edition of Hub71’s annual partner challenge program, The Outliers. Through the new partnership, HPE will set challenges for founders worldwide to solve, with the winning startup gaining the potential to secure funding from Hub71 to develop the Proof of Concept (POCs) selected by HPE. The successful startups also will get shortlisted to benefit from Hub71’s broad range of flexible incentives dedicated to easing the growth phase of the startup 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.
“We are proud to partner with Hub71 to nurture tech startups in the UAE 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,” Mr. Alkhallafi said.
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