New Global Startups Arrive in Dubai’s TURN8 Round 6 Accelerator

A new round of startup teams have arrived in Dubai to attend growth-focused workshops, meet mentors, investors, and gain traction for their advanced-stage startup. With the launch of a new pre-accelerator next month to manage early-stage idea startups, this round represents a shift in TURN8’s approach to invest in later stages of startups’ lifecycle in the effort of encouraging more commercial success. During this round’s acceleration period, teams will finalize their products or MVPs, go-to-market plans and launch.

TURN8’s program manager, Ahmed Abdulwahab, remarks about this round, “These teams demonstrate innovative solutions with real game-changing possibilities. Within the TURN8 program, we coach teams in accelerating their product, sales and marketing efforts. It’s exciting to accompany this round of startups on their journey of market entry and scale.

The startup companies that were chosen for TURN8 Round 6 include:

AirGo (Singapore): AirGo is an award-winning and patent-pending design concept that will take both airlines profits and passenger experience to a whole new level. 

Bridg (UAE): Bridg is a mobile payment platform that allows smartphones to transact regardless of connectivity. Bridg partners with local gateways and processors to enable fast deployment across the global landscape.

Crowdbabble (Canada): Crowdbabble helps marketers to benchmark and optimize their social media performance by understand what is working and what isn’t, for themselves as well as their competitors.

Meetizer (Spain): Meetizer is the social app where travelers and expats connect and share plans in real-life by creating ‘here & now meetups on the go’ over a coffee or lunch break, an event or whatever they plan.

Finerd (UAE): Harnessing the power of the latest technology, rigorous academic research and an honest management, Finerd provides intelligent investment solutions for everyone.

Visage (UAE): Visage is a crowdsourced recruiting platform for startups and SMEs. Professional recruiters worldwide refer their surplus candidates.

HeyDoc! (UAE): HeyDoc! is a healthcare communications & technology platform dedicated to connecting patients with t medical consultants, wherever they are, the easiest way possible. Delivering in-app consultations, without the need for physical appointments.

Prattler (Ukraine): A social media creating a user’s own brand in a live stream while following any broadcasted media content. Users can stream themselves directly to share emotions, thoughts and reactions with others while building their following of other users viewing the same event.

Mailburn (Russia): A clever business communication solution that will change emails forever by allowing users to close more business tasks and bring the entire business communication industry up-to-date through speed, security and openness.

The teams will graduate 18 May 2016 at the TURN8 Demo Day, pitching for late seed or early Series A funding from regional investors. 

About TURN8

TURN8 is an accelerator in Dubai UAE, initiated in partnership with DP World in 2013 to invest in technology startups and support them with mentoring, training and their product launch in exchange for an equity position in the company. As part of its larger mission, TURN8 and DP World work to integrate these startups into the global innovation ecosystem and startup economy of the UAE.

For applications for Round7 visit www.TURN8.co/apply

DP World’S TURN8 brings new group of entrepreneurs to Dubai

Startups from around the globe come to be mentored, learn to be business savvy

TURN8 Round 5 Group

TURN8, the successful seed accelerator initiative founded by DP World that encourages entrepreneurship and innovation has selected nine new startups for investment as part of round five of its programme

Some 23 startup companies at a market value of US $30 million have been established since the beginning of Turn8. The latest round follows a selection process to identify startups that have a promising business concept and who have had some experience testing the market.

The international reach covers global markets with participants from the UAE (Dubai), Spain, Russia and Chile, the first South American startup applicant.

Yousif Al-Mutawa, Chief Information Officer at DP World, said: “This latest round reinforces the international flavor of the programme and proves that innovation is a global phenomenon. We are delighted to welcome the new applicants to Dubai, which once again is demonstrating its commitment to innovation in line with the vision of our leaders. DP World continues to take an active interest in establishing a culture of innovation in the UAE and Turn8 is a premier example of that effort.”

Teams have already been flown down to Dubai and will soon begin the four-month mentorship programme to refine their business idea and gain practical training on how to run a successful enterprise backed by seed funding of US $30,000 to help them develop their projects.

The start-up companies that were chosen for TURN8 round five are:
•SaveSpace (Dubai) – Offers local pick up/drop off of boxes to customers for storing their belongings.
•MedicSen (Spain) – A system designed for the intelligent and integrated treatment of insulin dependent diabetes mellitus.
•FairFare (Kazakhstan) – Helps service consumers in uncovering concealed prices by means of peer-to-peer information sharing.
•Mytriphoto (Chile) – Allows hotels to reach potential customers organically, improve online reputation and promote new sales with self-service photography
•Rewardial (Romania) – A blogging outreach and user engagement platform
•RealEye (Russia) – A mobile app that enables users to create their own route maps in cities between sites.
•MakersBuilders (Dubai) – The first educational institute of its kind in the Middle East, aiming to become the leading provider of technology education for children and teenagers.
•Foodiac (Finland) – A marketplace for private chefs and high-end catering.
•909Music (Dubai) – An online music library dedicated to licensing, producing and providing modern day, cutting-edge, quality rich music for media and avid music listeners worldwide.

TURN8 is a technology startup accelerator launched by DP World in 2013 to encourage innovation and entrepreneurship globally. Teams are selected from dozens of hopefuls that pitch their ideas at TURN8 events and via an online application.

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Technology Start-up Accelerator TURN8 Adds 10 New Companies to Its Portfolio

Dubai-based technology start-up accelerator TURN8 has added ten new companies, bringing its portfolio size to 32 companies.

Companies in the new round represent a number of technology innovations including peer-to-peer marketplaces, on-demand delivery, facilitation of online and offline connections, paperless e-ticketing for events, and healthcare.

TURN8 is an early stage seed accelerator founded by DP World to encourage innovation and entrepreneurship globally, starting with Dubai. Teams are selected from dozens of hopefuls that pitch their ideas at TURN8 events and via an online application.

Selected startups are invited to Dubai for the TURN8 acceleration program, which takes place over four months and includes training, mentorship and an investor demo day for graduates. Each team receives $30,000 in services and seed capital to help them launch their new business.

Kamal Hassan, TURN8 accelerator program director, said: “This is the fourth round of teams that we have hosted in Dubai, and with each round we see more involvement and excitement from the entrepreneurial and investor community, both locally and internationally. It is exciting to see the ecosystem for entrepreneurs come together and watch Dubai grow into a start-up hub.”

The start-up companies that will take part in TURN8 Round 4 include:

Paaltao – a peer-to-peer marketplace for handmade, natural and vintage products from craftsmen and artisans

Swappaholics – an interactive online portal that facilitates the trading of items of similar or equal value

Good Game Network – a web application that matches video gamers of similar skills in competition

Keex – a mobile application that uses Bluetooth Low Energy (BLE) technology to connect people with each other offline

Rishar – a social platform for travelers and commuters that uses big data analysis to improve the ridesharing experience

Melltoo – a peer-to-peer social network for buyers and sellers of second hand items including smartphones, furniture and automobiles

KeepVision – a mobile application designed to monitor school children’s vision using a smartphone

Presella – an event management platform that provides paperless e-ticketing for the MENA region

CABit – a collaborative delivery solution that enables at-home shoppers to have purchases delivered by taxi from specific retailers

NextMart – an online platform that allows consumers to select and order groceries from a website, and receive the goods from the nearest local store

TURN8 SEED ACCELERATOR ANNOUNCES INVESTOR DEMO DAY

A new crop of startup entrepreneurs are preparing to graduate from DP World’s TURN8 Seed Accelerator program. The Fall 2014 class of technology business founders will present to investors and the media at a private Investor Demo Day event on 17 January, 2015.

This is the third round of startups that TURN8 has provided seed funding to and has nurtured from idea to commercialisation in its 120-day program hosted in Dubai. The startup founders in this round come from eight countries including United Arab Emirates, Morocco, Yemen, India, Indonesia, Georgia, Romania and Sri Lanka.

After four months of acceleration, workshops and mentoring, the graduating startups will present their business plans, which range from innovative online platforms and mobile apps to unique hardware applications.

HE Sultan Ahmed bin Sulayem, Chairman of DP World and Dubai Ports and Free Zone Corporation, said: “We are keen to support entrepreneurship through programmes such as Turn8 that nurture people with new ideas so they can turn them into commercial projects as part of our role to help build a knowledge based economy that is helping transform Dubai into a global smart city in line with the UAE and Dubai 2021 plan. This will increase the international competitiveness of the country over the long term with innovation and creativity being one of the key drivers of economic growth.”

Yousif Al Mutawa, Chief Information Officer, DP World, said: “This latest round offers another opportunity for investors to engage with more entrepreneurs to help bring their ideas to market and underlines our commitment to support and encourage the development of a culture of innovation and enterprise with Dubai as the hub for such activities.

“DP World supports this initiative in the firm belief that this nation continues to be a place that nurtures and encourages fresh ideas building a smart society where we use technology, innovation and enterprise to drive our ambitions and achieve our goals.”

Round 1 and 2 Demo Days were held in January and June of 2014. Each event attracted regional investors as well as international attention. The TURN8 Investor Demo Day will be held at the Grosvenor House Hotel (Tower 1) in Dubai. For more information, visit http://www.turn8.co/demo-day/.

About TURN8

TURN8 is a seed accelerator program organized by DP World and powered by Innovation 360. The program is designed to encourage innovative entrepreneurship worldwide, starting with Dubai. TURN8 seeks ingenious ideas that can be refined and brought to market through a 120-day seed accelerator. Visit http://turn8.co.