Injazat and Hub71 have formed a new partnership to support the commercial development of local startups and to accelerate the adoption of advanced technologies by large enterprises in the UAE.
Under the agreement, Injazat will act as a technology enabler and accelerator, connecting its diverse portfolio of corporate and government clients with selected startups operating under Hub71, working alongside them to develop innovative technological solutions to enable their digital transformation and address specific requirements of each client. The agreement will focus on developing agile value chain capabilities and bringing ecosystem diversity to service Injazat’s clients, through solutions empowered by the latest emerging technologies.
The agreement intends to support corporates in identifying the latest technologies that will address their digital transformation plans. Startups selected to participate will be provided with a framework for mutual IP commercialization, collaborating with Injazat to accelerate development and take their solutions to the market. Startups will work closely with Injazat and its partners, across industry verticals, advancing methodologies to help clients optimize operations, accelerate innovation and create new lines of business.
The deal aligns with Injazat’s ambition to provide holistic digital solutions for corporates and to foster innovation in B2B solutions. Through engaging with and productizing UAE-based startups, Injazat aims to increase the portfolio of solutions that are available through its UAE-hosted cloud platform, as part of its wider offering for enterprise customers.
Injazat will host innovation workshops with new and existing enterprise and government customers, analyzing the specific opportunities for startups within their respective organizations. Selected Hub71 startups, with solutions in relevant areas, will then be invited to participate in innovation hackathons, roundtables and other events hosted by Injazat at Hub71, to identify capabilities which can develop solutions to meet each client’s specific business needs.
Hub71 will provide workspaces for innovation projects and incentives for startups as part of its Hub71 Incentive Program.
InGenuis, Injazat’s Innovation Lab will form the bedrock of this collaboration acting as the springboard from which startups will be given support and guidance to bring their ideas and solutions to life.