DIFC completes first metaverse accelerator programme

    Published on:

    • This follows the launch of DIFC’s Metaverse platform earlier this year, in line with the Dubai Metaverse strategy.
    • The DIFC Metaverse Accelerator Program will focus on the Metaverse, AI, Web3, AR/VR and Blockchain fields, attracting over 160 applicants from the UAE, UK, US, India and France.

    DUBAI, United Arab Emirates: The Dubai International Financial Center (DIFC), a leading international financial center for the Middle East, Africa and South Asia (MEASA) region, today announced the launch of 10 regional and global startups as part of the DIFC. announced the first group. The Metaverse Accelerator Program (the “Programme”) is aligned with the Dubai High Commission on Future Technology and Digital Economy Goals.

    The news comes as Dubai aims to add $4 billion to Dubai’s GDP, support 40,000 virtual jobs by 2030, and attract 1,000 companies specializing in blockchain and metaverse technology. It follows the launch of DIFC’s Metaverse platform earlier this year, in line with its Metaverse strategy.

    The first “DIFC Metaverse Accelerator Program” is the first initiative announced under the umbrella of “DIFC Metaverse Platform”, mainly in the Metaverse, AI, Web3, AR/VR and Blockchain fields.

    Supported by program partners Abu Dhabi National Insurance Company (ADNIC), DP World and Daoverse Capital, the DIFC Metaverse Accelerator Program will onboard 10 promising start-ups on 5 June 2023, followed by 3 more Conducted month-long intensive boot camp workshops.

    Additionally, the DIFC Metaverse Accelerator Program, supported by a network of over 60 DIFC Innovation Hub Ecosystem Partners, will unlock investment opportunities by building a community of creators with technical and personal skills in the Metaverse. It is also meant to inspire.

    DIFC Innovation Hub CEO Mohammad Albrusi said: “Earlier this year, Dubai’s High Commission for Future Technologies and Digital Economy endorsed the DIFC Metaverse Platform, positioning it as the first government agency in the world to champion an integrated metaverse hub.” With over 500 international applicants, a network of over 60 ecosystem partners, and 10 talented startups who have already graduated, it is encouraging to be part of that effort, and no doubt other People will also invite us to join them. Let’s embark on the next stage of growth together. ”

    The first group’s graduation ceremony was held at the DIFC Innovation Hub as part of the program’s demo day, where talented entrepreneurs pitched and showcased the next wave of innovation to the region’s top venture capitalists, angel investors, and industry leaders. did. The first graduates are:

    artichoke laba spatial computing company that specializes in creating city-scale augmented reality applications. Cognitive technologyan expert in establishing Internet of Things (IoT) networks that enable both hardware and software automation. Daoversal, an extensive blockchain-based Web3 social ecosystem platform.and DoDocsbuilds services to generate legal documents in any language in any country or jurisdiction for both individuals and businesses.

    Duversa start-up company involved in the development and implementation of advanced artificial intelligence (AI) solutions. EvometaA boutique digital studio providing Metaverse solutions as a service for companies in the real estate, services, industrial and automotive markets.and franc, working to create micro-communities for clients and creative workers to meet, network and discuss ideas, was also part of the first DIFC Metaverse Accelerator Program.Also includes the debut version of the program intelligent assist and shop doctortwo digital healthcare delivery platforms, and gopalan innovative metaverse-based EdTech platform.

    The DIFC Metaverse Accelerator Program targets a wide range of domestic and international Metaverse, Web3, AI, AR/VR startups, as well as potential Web3 investors and organizations, ready to bring about transformation in this digital age. Transformation in Dubai and beyond.


    About Dubai International Financial Center

    The Dubai International Financial Center (DIFC) is one of the world’s most advanced financial centers and a major hub in the Middle East, Africa and South Asia (MEASA), comprising 72 countries with a population of approximately 3 billion and an estimated GDP. financial hub. 8 trillion USD.

    With nearly two decades of experience facilitating trade and investment flows across the MEASA region, the center connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.

    DIFC is not only home to an internationally recognized independent regulatory authority and a tried and tested judicial system with a UK common law framework, but it also employs 39,000 people across more than 4,900 active registered companies. It has the region’s largest financial ecosystem of over 100,000 professionals, making up the largest and most diverse pool. Development of human resources for the local industry.

    The Center’s vision is to drive the future of finance through cutting-edge technology, innovation and partnerships. The region now boasts the region’s most comprehensive fintech and venture capital environment, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programs, and funding for the start of growth phases. It is the future hub of global finance and innovation, offering one of the -UPS.

    Comprising a range of world-renowned retail and dining outlets, a dynamic arts and cultural scene, residential apartments, hotels and public spaces, DIFC is one of Dubai’s most popular business and lifestyle destinations. continue to be one.

    For more information, visit our website or follow @DIFC on LinkedIn and Twitter.

    For media inquiries, please contact the following.
    Omar Nasro

    Rasha Mezar | Dubai International Financial Center Authority
    Consultant, Marketing and Corporate Communications


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