Standard Chartered Boosts Women-Led Tech Startups with New UAE Accelerator
Standard Chartered has officially launched its Standard Chartered Women in Tech Accelerator program in the UAE, collaborating with the Dubai International Financial Centre (DIFC) to empower female entrepreneurs in the technology sector. The program is designed to provide critical support and resources to women-led startups aiming for growth and scale.
Program Details
The newly launched accelerator, part of Standard Chartered's global initiative, specifically targets women-led technology businesses based in the UAE. It is hosted at the DIFC Innovation Hub, leveraging the ecosystem of Dubai's leading financial district. The program is aimed at supporting startups that have already secured post-seed funding and are ready to scale their operations.
What the Program Offers
Participants in the Standard Chartered Women in Tech Accelerator can expect comprehensive support tailored to their growth needs. Key benefits include:
Mentorship: Access to experienced mentors from Standard Chartered, DIFC, and the wider industry.
Networking Opportunities: Connections with potential investors, partners, and industry leaders.
Capacity Building: Workshops and training sessions focused on scaling a tech business.
Potential Funding: Opportunities to secure potential funding or investment.
The program's focus is on helping these businesses navigate the challenges of scaling while operating within the dynamic MENA market.
Partnership Significance
The collaboration with Dubai International Financial Centre (DIFC) is a significant aspect of the program. DIFC, known as a global financial centre and a hub for innovation in the region, provides the accelerator with access to its robust ecosystem, infrastructure, and network, further enhancing the support available to participating startups.
Driving Innovation and Inclusion
The launch of this accelerator underscores Standard Chartered's commitment to fostering diversity and inclusion within the technology and entrepreneurship landscape in the UAE and the broader MENA region. By specifically targeting women-led ventures, the program aims to address the unique challenges faced by female founders and promote their success, thereby contributing to the growth of a more inclusive and innovative tech ecosystem.
Looking Ahead
The Standard Chartered Women in Tech Accelerator is poised to play a crucial role in nurturing the next generation of women innovators and entrepreneurs in the UAE. By providing targeted support, the program aims to accelerate the growth of these businesses, contributing to job creation, economic diversification, and technological advancement in the region.
Source: Waya Media