The Emirates Group in collaboration with GE, Etisalat and Dubai Silicon Oasis Authority (DSOA), has announced the launch a launch tech-focused incubator targeting young entrepreneurs and students in the UAE
The joint initiative, called ?Intelak? (taking off), will bring together selected entrepreneurs and students from across the UAE to participate in a travel, technology and aviation-focussed incubator. Four winning teams, which will be selected through a rigorous judging process, will be enrolled in the full Intelak incubator training programme and receive US$13,600 each to fund and further develop their ideas. At the conclusion of the programme, the winning teams will be given the opportunity to pitch their ideas to the co-founders, as well as angel investors.
According to the company, the collaborative effort between the Emirates Group, General Electric company, Etisalat and DSOA is in line with Dubai?s vision in promoting innovation as a key economic driver. Emirates executive vice president, human resources Abdulaziz Al Ali said, ?Intelak is the ideal platform to inspire and work with young entrepreneurs to shape the future of travel through new and original ideas.At the Emirates Group, we are fully committed to redefining the travel experience as we continue to invest in the next generation of technology leaders in UAE.?
Commenting on the partnership, Shahla Ahmed Abdul Razak, deputy CEO of Dubai Silicon Oasis Authority, said, ?We are pleased to host the new Incubator at the Dubai Technology Entrepreneur Centre, which we are confident will significantly contribute to the support of innovative youth, especially in the travel and aviation sectors. We are certain that Intelak will further encourage innovative young UAE national entrepreneurs to transform their ideas into reality, all the while contributing to the GDP of Dubai.?
The partners will accept online submissions from 6 September to 31 October at www.intelak.com
