SOURCE : Zawya - Abu Dhabi's Department of Economic Development announces support to startups at RDPETRO 2018
Best Startup to be given monetary award; full DED support promised to startups looking to set up in Abu Dhabi.
Development funding with multimillion-dollar potential available for the most innovative ideas and value-add R&D projects at RDPETRO
Abu Dhabi: Abu Dhabi’s Department of Economic Development (DED) has announced support for the Startup Hub at RDPETRO, the largest oil and gas conference in the world fully dedicated to research and development, to be held on 9th-10th May 2018 in Abu Dhabi.
This is especially significant as 2018’s conference will have a particular focus on tech start-ups who will play a pivotal role in bringing new perspectives to RDPETRO, which presents a unique platform and business growth opportunities for these innovative organizations to show the potential of their projects, products and research and compete for investment.
In addition to providing a monetary award to the Best Startups, they have also offered their full support to startups looking to set up in the capital, including facilitating the filing of patents. Commenting on this new partnership, Mr. Salem Abdalla M. Bin Shabib, Advisor pf Innovation, Incubation and SME at the Department of Economic Developmentsaid “DED launched the Technology Innovation Pioneers “TIP” platform last year operated by Takamul program with the aim to create a more robust ecosystem for innovation and technology in the UAE, presenting real industry challenges and reaching out world-wide for innovative technological solutions, bringing them to the UAE and providing the ecosystem to encourage the growth of Start-ups and SMEs that would be home-grown.”