Hub71 and Seoul Metropolitan Government
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Abu Dhabi’s Hub71 Partners with Seoul to Boost Tech Startups

Hub71 in Abu Dhabi has partnered with the Seoul Metropolitan Government to assist tech startups in the UAE and South Korea in their international growth and commercial activities.

The strategic collaboration will facilitate cross-border business opportunities, provide startup founders with comprehensive support, and expedite access to grants and incentives for scaling up.

This partnership leverages the strengths of both cities’ startup ecosystems, fostering innovation and entrepreneurial activities for mutual growth.

Ahmad Ali Alwan, deputy CEO of Hub71, said: “We aim to provide access to international opportunities across the world’s leading tech hubs. We believe our partnership with the Seoul Metropolitan Government will help startups enter the dynamic tech ecosystems of Abu Dhabi and Seoul where they can develop innovative products and solutions that can have a lasting impact. We are confident this collaboration will empower startups to grow and scale globally.”

Abu Dhabi’s startup ecosystem value has witnessed 134 per cent growth, ranking it as the sixth fastest globally and biggest in the MENA region, according to Startup Genome. Meanwhile, Seoul’s startup ecosystem holds the 12th global ranking with a value of $211billion.

Kyoung Hwan Park, director-general of finance, investment and international relations bureau of the Seoul Metropolitan Government, said: “Through the strategic partnership with Hub71, Abu Dhabi’s leading global tech ecosystem, we anticipate fostering active exchange to enhance the startup ecosystem within both cities.

“To that end, Seoul will spare no effort in providing assistance, promoting collaboration by introducing each other’s ecosystem, supporting the market entry as well as jointly organizing events which foster innovation and entrepreneurial activities in Seoul and Abu Dhabi.”

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