Key Takeaways:
- Social Impact Focus: The Authority of Social Contribution – Ma’an and Hub71, Abu Dhabi’s global tech ecosystem, join forces to support social tech entrepreneurship and drive social impact in the emirate.
- Support for Startups: Ma’an will provide resources, mentorship, and incentives, including the Social Certificate, to Hub71’s social startups.
- Growth Opportunities: Social tech startups supported by Ma’an will have the opportunity to join Hub71’s program, gaining access to resources and a global network.
Abu Dhabi, UAE – Ma’an, the Authority of Social Contribution in Abu Dhabi, has partnered with Hub71, Abu Dhabi’s global tech ecosystem, to foster social tech entrepreneurship and create a lasting social impact in the emirate. This collaboration aims to support startups that are developing innovative solutions to address social challenges.
Through this partnership, Ma’an will provide support, resources, mentorship, and various opportunities to Hub71’s social startups. This includes offering incentives such as the Social Certificate, Abu Dhabi’s first governmental recognition certificate for businesses creating social impact.
“The Authority will also help social enterprises by offering incentives such as the Social Certificate, Abu Dhabi’s first governmental recognition certificate for businesses creating social impact in Abu Dhabi,” states the report, highlighting the support provided to social entrepreneurs.
The Social Certificate recognizes startups’ contributions to developing sustainable solutions for social priorities and enhancing community well-being. This recognition can help social enterprises gain credibility and attract further investment and support.
Additionally, the partnership will enable social tech startups supported by Ma’an to join Hub71’s program. This provides startups with access to a wide range of benefits, including in-kind and cash incentives, as well as a network of corporate, government, and investment partners.
“Additionally, this collaboration enables social tech startups supported by Ma’an to join Hub71, offering them a gateway to solidify their presence in Abu Dhabi and scale globally,” states the report, emphasizing the growth opportunities provided by the partnership.
Ma’an and Hub71 also plan to collaborate on research and reporting to assess the social tech ecosystem in Abu Dhabi. This will involve identifying key players, funding availability, and regulatory environments, providing valuable insights for stakeholders and supporting the growth of the sector.
This partnership between Ma’an and Hub71 demonstrates a commitment to fostering social innovation and creating a supportive environment for social tech entrepreneurs in Abu Dhabi. By combining their resources and expertise, they aim to empower startups to develop impactful solutions and contribute to the well-being of the community.
