Abu Dhabi-based tech ecosystem Hub71 rolled out the first Microsoft Reactor program in the GCC region earlier on Monday. The move comes at a time as Hub71 incorporates 17 more startups into its fast-growing ecosystem.
The newly added startups are the winners of the Hub71 Incentive Package. With that new development, the combined strength of the Hub71 family has shot up to 35 innovative startups.
The strategic partnership with Microsoft will further add to Hub71’s tall stand as a hub for knowledge sharing and technical learning. More specifically, startup founders and developers will be the biggest beneficiaries of this new initiative as they upgrade their knowledge and expertise in emerging technologies such as artificial intelligence and cloud computing.
The program will be available to the Hub71 residents, as well as the broader community free of charge. Additionally, the new partnership will also see Microsoft for Startups operating out of Hub71.
For the uninitiated, Microsoft for Startups is an initiative by the Redmond, Washington-based software giant to help startups build and scale their companies.
Reacting to this new development, Jeana Jorgensen, General Manager, Cloud and AI Division at Microsoft: “Built to support the Gulf’s unprecedented rate of digital transformation, we are thrilled to open a Microsoft Reactor within Hub71. The concentration of globally-minded startups, investors and industry, represents an enormous opportunity. We believe bringing these elements together with Mubadala and Hub71 will be a catalyst for the region.”