03/25/2019 | News release | Distributed by Public on 03/25/2019 09:43
Earlier today, the government of Abu Dhabi announced the launch of Hub71, a new technology hub designed to spur innovation and development in the Middle East. Based in Abu Dhabi, Hub71's mission is to help start-ups and entrepreneurs develop, scale and build transformational businesses.
With Mubadala Investment Company leading Hub71, Microsoft will play a central role as a global technology partner, while SoftBank Vision Fund will leverage its investment networks to create a focal point for tech innovation in the region. Abu Dhabi Global Market, the business enabler completes the ecosystem creating an environment for innovation and entrepreneurial success. Within Hub71 we will host a Microsoft Reactor which will serve as a learning destination for founders and developers to work on tech projects, engage with each other and strengthen their local community while accessing leading technologies and industry experts.