"Hub71" Expect its first partnership in the United States
New York on October 3 / WAM / HUB71, the global technology system in Abu Dhabi announced today, the signing of its first partnership in the United States with the NJDA Economic Development Authority, with the aim of facilitating the global expansion of high -growth via the Atlantic Ocean.
This partnership reflects the depth of strategic relations between the UAE and the United States in vital areas such as artificial intelligence and clean energy, and contributes to enabling entrepreneurs to expand internationally by reaching new markets, capital and specific experiences.
Emerging companies will benefit from joint support through mutual programs, field visits to markets, and facilitate communication with investors, organizational bodies and companies, which contributes to accelerating their commercial readiness and enhancing their investment opportunities.
Ahmed Ali Alwan, CEO of HUB71, said that technology is inherently cross -border, and innovation systems need to cooperate to support the expansion of founders at the global level, pointing out that the partnership with “Choose New Jersey” opens new horizons for startups for international expansion, with a focus on exchanging experiences, cadres, and best practices, as this cooperation contributes to linking Systems with each other and enable projects to reach new markets and grow on a global level.
For his part, Tim Sullivan, CEO of the Economic Development Authority of New Jersey, said that New Jersey State led by its ruler, Phil Murphy, is working to create important international partnerships around the world, to contribute to raising the value of investments in new sectors and more diversification of the economy, explaining that the authority has developed an effective set of tools to support innovative startups, expressing their aspiration to promote promising opportunities in Abu Dhabi and New Jersey through Work with Hub71.
The Memorandum of Understanding signed with the New Jersey Economic Development Authority represents a new achievement of the Hub71 strategy for expansion across the border, and an affirmation of its basic mission to expand the global start -up companies ’projects from Abu Dhabi.
This agreement completes the growing Hub71 portfolio of international partnerships, among the most prominent of which is the strategic cooperation with the Japanese Foreign Trade Organization “Gitro”, which aims to enhance cooperation between the UAE and Japan, and these partnerships highlight Hub71’s commitment to building an interconnected global system that allows the exchange of innovations across the major markets around the world.
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