Startupbootcamp and DIFC’s Fintech Hive to Rollout Virtual Accelerator Named ASPIREby Fintechnews Middle East 5. October 2020
Startupbootcamp has partnered with Dubai International Financial Centre’s (DIFC) FinTech Hive to rollout a virtual accelerator called ASPIRE.
The virtual accelerator will be focused on enabling corporates to empower their departing talent to build their own startups. In the next 12 months, the ambition is to rollout the programme to a minimum of 5,000 participants, which will build an ecosystem of new businesses that will generate economic growth and attract new talents into Dubai.
ASPIRE is a 20-week programme based on Startupbootcamp’s proven methodology, which is designed to improve the 10% survival rate of early stage startups. Nearly three quarters (74%) of the 900 startups that have graduated Startupbootcamp are either still active or have exited the accelerator.
The programme includes self-guided virtual programme with weekly starts and playbooks, weekly workshops and group coaching as well as coaching and practice pitch sessions.
In addition to that, participants will also gain access to early stage VCs, angel investors and over 100 carefully selected mentors. They may also stand a chance to grab more than $550K+ in exclusive partner deals from leading technology and wellbeing providers such as Amazon, 7 cups, HubSpot and SendGrid
Raja Al Mazrouei, Executive Vice President of DIFC FinTech Hive said:
“DIFC FinTech Hive is excited to be expanding our partnership to Rainmaking to introduce the ASPIRE virtual accelerator programme. It is a natural expansion to our relationship with them given our Startupbootcamp programme has been very successful. The ASPIRE programme will help retain talented individuals in Dubai who want to make a difference to our economy.”