Majid Al Futtaim’s Launchpad strives to unlock value by partnering with and investing in innovative startups and disruptors that can benefit from the reach of the Majid Al Futtaim ecosystem.
- ChatGPT-powered Talabat AI will help you channel your inner MasterChef
- Beehive to sell majority stake to Etisalat
- Global Smartphone Market Declines 14% YoY in Q1 2023
What is the Majid Al Futtaim Launchpad program?
The Launchpad programme targets innovative startups across Homegrown Brands focusing on fashion and lifestyle, leisure and experiences, community-centric initiatives, and fashion technology startups. Successful applicants in the Homegrown Brands category will be offered subsidised access to tangible growth opportunities, such as accelerating customer acquisition, improving operational efficiencies, and access to new revenue streams.
Additionally, this edition of the programme will welcome Climate Tech startups, offering digital twin and IOT solutions, sustainability solutions, and innovative approaches to waste management. Winners can introduce their innovative solutions within Majid Al Futtaim’s portfolio through fully funded pilot programmes.
How to apply for Majid Al Futtaim Launchpad Programme
Applications for the second edition are now open. SME’s and startups can apply to the program here: https://www.xsightfuturesolutions.com/en/launchpad
The deadline for applications is June 15, 2023.
For the second edition, Majid Al Futtaim has partnered with DIFC Launchpad, an initiative by Dubai International Financial Centre (DIFC) which aims to promote the growth of start-ups in the region. For this edition of the accelerator programme, DIFC Launchpad will support scaling Majid Al Futtaim’s Launchpad by curating a global network of start-ups to bring into the programme. DIFC Launchpad will provide winners with one-to-one mentorship opportunities on fundraising and corporate partnerships, facilitate introductions to VCs, and provide access to its diverse talent base, distribution partners, and co-working spaces.
Aiming to support the growth of early-stage startups while driving economic growth in the region, Majid Al Futtaim has also extended its partnership with AstroLabs and Microsoft for this edition to offer successful participants access to innovative technology products, mentorship, training, and go-to-market opportunities.
The inaugural edition of the programme saw 14 winners including The Bath Land, The Hair Addict, The Zola Collective, Wallace & Co, Sigma-Fit, Opio, Reform Studio, Little Sol+, Kiliim, Thaely, Boksha, Stake, enVerid Systems and Disrupt-X. Winners are currently in the process of being integrated within the wider Majid Al Futtaim ecosystem. The startups also received significant benefits including mentorship, training, and technology products from AstroLabs and Microsoft.