Latest news with #MDXB


Hi Dubai
5 days ago
- Business
- Hi Dubai
Dubai Silicon Oasis Opens MIT DesignX Dubai Accelerator Programme
Dubai Silicon Oasis (DSO), the special economic zone for knowledge and innovation, and a member of the Dubai Integrated Economic Zones Authority (DIEZ), has announced that registration is now open for the third cohort of the MIT DesignX Dubai Accelerator Programme (MDXB). Held in partnership with the Massachusetts Institute of Technology (MIT) and Global Growth Hub, the programme will run from 20 October 2025 through 28 January 2026 at Dubai Silicon Oasis. The third cohort of the MIT DesignX Dubai Accelerator Programme will bring together 12 innovative teams focused on developing sustainable solutions to some of today's most pressing urban challenges. The programme will focus on five key sectors of strategic importance - real estate, design and architecture, transportation and logistics, sustainability, and health, each aligned with Dubai's long-term vision for smart, resilient and future-ready cities. This edition builds on the success of previous cohorts. In the first cohort, Othalo secured a USD 200,000 investment for their pioneering solution that transforms plastic waste into housing for underserved communities. In the second cohort, Theion was awarded AED 100,000 in recognition of their work in crystalline lithium-sulfur battery technology, a significant advancement in energy innovation. In addition, they received a year-long business setup at the Dubai Technology Entrepreneur Campus (Dtec), the largest tech-focused coworking space of its kind in the MENA region and a key initiative of Dubai Silicon Oasis, providing them with a launchpad to scale their innovation within the UAE's growing digital economy. A Platform for Future-Ready Talent Badr Buhannad, Director General of Dubai Silicon Oasis, said: The launch of the third edition of the MIT DesignX Dubai Accelerator Programme marks a key step in Dubai's continued efforts to position itself as a global hub for sustainable innovation and high-impact entrepreneurship. The initiative reflects our commitment to attracting top talent from around the world and empowering them to develop solutions that address complex urban challenges, in line with the UAE Centennial 2071 plan and the Dubai Urban Master Plan 2040. Through this Programme we are providing a unique platform that brings together international academic excellence, world-class infrastructure, and a supportive investment ecosystem. Our aim is to enable breakthrough ideas to evolve into viable ventures that contribute to a more sustainable, inclusive, and future-ready urban environment. We look forward to welcoming a new generation of innovators who will help shape the smart and sustainable cities of tomorrow, Buhannad added. Gilad Rosenzweig, Executive Director of DesignX at MIT, said: Our continued partnership with DIEZ through the DesignX Accelerator Programme at Dubai Silicon Oasis reflects MIT's broader commitment to advancing innovation with global relevance. Hosting this Programme in Dubai reinforces the city's position as a regional leader in technology, sustainability, and urban development. The initiative highlights the strength of collaboration between academic excellence and an enabling entrepreneurial ecosystem - bringing together the tools, talent, and environment needed to address complex urban challenges with real-world impact. Specialized Support and Business Acceleration Participants will receive mentorship from MIT faculty and alumni, the support of student interns from the Institute, and benefit from intensive workshops and the MIT DesignX interactive guide, ensuring all participating startups make quick strides toward scaling and executing their innovation. In addition to the benefits of the accelerator material, at the pitch day one team will also receive a monetary prize in recognition of the strength and scalability of their solution. Five additional teams will be granted free business setup within Dubai Silicon Oasis and gain entry to the UAE market through the comprehensive institutional framework offered by DIEZ's three economic zones: Dubai Airport Freezone, Dubai Silicon Oasis, and Dubai CommerCity. All selected teams will receive complimentary 24/7 access to advanced workspaces at the Dubai Technology Entrepreneur Campus (Dtec), along with reduced licensing fees and ongoing institutional support. Applications Now Open Applications for the third cohort of the MIT DesignX Dubai Accelerator Programme is open now through 15 August 2025. Interested candidates may apply via the official website: Source: Four Agency


Gulf Today
7 days ago
- Business
- Gulf Today
DSO opens registration for the third cohort of the MIT DesignX
Dubai Silicon Oasis (DSO), the special economic zone for knowledge and innovation, and a member of the Dubai Integrated Economic Zones Authority (DIEZ), has announced that registration is now open for the third cohort of the MIT DesignX Dubai Accelerator Programme (MDXB). Held in partnership with the Massachusetts Institute of Technology (MIT) and Global Growth Hub, the programme will run from 20 October 2025 through 28 January 2026 at Dubai Silicon Oasis. The third cohort of the MIT DesignX Dubai Accelerator Programme will bring together 12 innovative teams focused on developing sustainable solutions to some of today's most pressing urban challenges. The programme will focus on five key sectors of strategic importance - real estate, design and architecture, transportation and logistics, sustainability, and health, each aligned with Dubai's long-term vision for smart, resilient and future-ready cities. This edition builds on the success of previous cohorts. In the first cohort, Othalo secured a $200,000 investment for their pioneering solution that transforms plastic waste into housing for underserved communities. In the second cohort, Theion was awarded Dhs 100,000 in recognition of their work in crystalline lithium-sulfur battery technology, a significant advancement in energy innovation. In addition, they received a year-long business setup at the Dubai Technology Entrepreneur Campus (Dtec), the largest tech-focused coworking space of its kind in the Mena region and a key initiative of Dubai Silicon Oasis, providing them with a launchpad to scale their innovation within the UAE's growing digital economy. A Platform for Future-Ready Talent Badr Buhannad, Director General of Dubai Silicon Oasis, said: 'The launch of the third edition of the MIT DesignX Dubai Accelerator Programme marks a key step in Dubai's continued efforts to position itself as a global hub for sustainable innovation and high-impact entrepreneurship. The initiative reflects our commitment to attracting top talent from around the world and empowering them to develop solutions that address complex urban challenges, in line with the UAE Centennial 2071 plan and the Dubai Urban Master Plan 2040. 'Through this Programme we are providing a unique platform that brings together international academic excellence, world-class infrastructure, and a supportive investment ecosystem. Our aim is to enable breakthrough ideas to evolve into viable ventures that contribute to a more sustainable, inclusive, and future-ready urban environment. We look forward to welcoming a new generation of innovators who will help shape the smart and sustainable cities of tomorrow,' Buhannad added. Gilad Rosenzweig, Executive Director of DesignX at MIT, said: 'Our continued partnership with DIEZ through the DesignX Accelerator Programme at Dubai Silicon Oasis reflects MIT's broader commitment to advancing innovation with global relevance. Hosting this Programme in Dubai reinforces the city's position as a regional leader in technology, sustainability, and urban development. The initiative highlights the strength of collaboration between academic excellence and an enabling entrepreneurial ecosystem - bringing together the tools, talent, and environment needed to address complex urban challenges with real-world impact. Specialized Support and Business Acceleration Participants will receive mentorship from MIT faculty and alumni, the support of student interns from the Institute, and benefit from intensive workshops and the MIT DesignX interactive guide, ensuring all participating startups make quick strides toward scaling and executing their innovation. In addition to the benefits of the accelerator material, at the pitch day one team will also receive a monetary prize in recognition of the strength and scalability of their solution. Five additional teams will be granted free business setup within Dubai Silicon Oasis and gain entry to the UAE market through the comprehensive institutional framework offered by DIEZ's three economic zones: Dubai Airport Freezone, Dubai Silicon Oasis, and Dubai CommerCity. All selected teams will receive complimentary 24/7 access to advanced workspaces at the Dubai Technology Entrepreneur Campus (Dtec), along with reduced licensing fees and ongoing institutional support. Applications Now Open Applications for the third cohort of the MIT DesignX Dubai Accelerator Programme is open now through 15 August 2025. The third cohort of the MIT DesignX Dubai Accelerator Programme will bring together 12 innovative teams focused on developing sustainable solutions to some of today's most pressing urban challenges. The programme will focus on five key sectors of strategic importance - real estate, design and architecture, transportation and logistics, sustainability, and health, each aligned with Dubai's long-term vision for smart, resilient and future-ready cities. This edition builds on the success of previous cohorts. In the first cohort, Othalo secured a USD 200,000 investment for their pioneering solution that transforms plastic waste into housing for underserved communities. In the second cohort. Twelve teams will be selected to develop sustainable urban solutions in an MIT designed accelerator.


Emirates 24/7
17-02-2025
- Business
- Emirates 24/7
DSO and MIT Honor Winner of MIT DesignX Dubai Accelerator's Second Edition at MDXB Demo Day
● The selected startups for the second cohort share a common focus on environmental, social, and governance (ESG) principles and sustainability. ● The culmination of the intensive accelerator program brought together the participating startups, alongside investors, industry peers and stakeholders, and DSO's community and network. Dubai Silicon Oasis (DSO), the special economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), and the Massachusetts Institute of Technology (MIT), in collaboration with the Global Growth Hub (GGH), concluded MIT DesignX Dubai Accelerator Program's (MDXB) Demo Day at DSO. The event celebrated the successful completion of an intensive three-month curriculum, mentored by the very best at MIT DesignX, expertly delivered through a series of workshops to the 10 innovative startups that comprised the second cohort of MDXB. During the event the winning team 'theion', was presented with their award at the MDXB Demo Day. The team represented by CFO Matthias Fengler, and Co-Founder Johannes Eisele, was recognized for its groundbreaking advancements in lithium-sulfur crystal battery technology, in the presence of His Excellency, Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, Dr. Juma Al Matrooshi, Director General of DSO, and Gilad Rosenzweig, Executive Director of DesignX at MIT. As part of their prize, they received 100,000AED in equity-free funding, and Full business setup for one year at the Dubai Technology Entrepreneur Campus (Dtec), the largest technology co-working space of its kind in the MENA region. Commenting on the success of the second consecutive MDXB Demo Day, Dr. Juma Al Matrooshi, Director General of DSO, said: 'The MDXB program, and its culminating demo day, is a testament to Dubai's status as a global hub for innovation. DSO's involvement reflects our commitment to empowering promising entrepreneurs who seize opportunities and develop transformative, technology-driven solutions. Through Dtec, we provide startups with direct access to a thriving ecosystem of investors, mentors, and industry leaders, along with state-of-the-art facilities and tailored support designed to accelerate their growth and market success.' For his part, Gilad Rosenzweig, Executive Director of DesignX at MIT, said: 'At MITdesignX (MDX) we are excited to support a new ecosystem of entrepreneurs and startups in collaboration with Dubai Silicon Oasis and Global Growth Hub. As Dubai positions itself as a global center for innovation, I am delighted to see the second cohort of MDXB startups grow and demonstrate their remarkable talent in developing high-impact solutions for the GCC and the entire world. The entrepreneurial drive and pioneering ideas in this region are truly inspiring. Omar Hassan, Managing Director of Global Growth Hub, said: 'This is the first phase of the second cohort, and we are thrilled to be kicking off phase two, which will focus on supporting the startups with market entry. Moreover, we look forward to opening recruitment for the third cohort in summer of this year.' Matthias Fengler, CFO of theion, expressed his gratitude, saying: 'The MIT DesignX program has added significant value to theion by providing great support in the conceptual development of our venture. Through access to MIT's expertise, the infrastructure of Dubai Silicon Oasis and the network of Global Growth Hub, we've been able to refine our ideas, strengthen our approach and engage with investors. With its vibrant start-up ecosystem, Dubai is the ideal gateway for us to expand into the larger gulf region.' The selected startups for the second cohort represented Europe, the US, and the GCC, with a shared focus on environmental, social, and governance (ESG) principles and sustainability. Their innovative solutions span sectors such as hydrogen technology, waste management, emissions reduction, and energy storage and more. MIT DesignX is a global leader in accelerating transformative startups, having supported over 170 companies across 15+ cities and regions worldwide. The accelerator's expansion into Dubai highlights the city's rising prominence as a hub for startup innovation, collaboration, and growth. Since its inception, startups supported by MITDesignX have collectively exceeded a valuation of US$1 billion, showcasing its profound impact on the global innovation landscape. Follow Emirates 24|7 on Google News.


Zawya
16-02-2025
- Business
- Zawya
DSO and MIT honor winner of MIT DesignX Dubai Accelerator's second edition at MDXB Demo Day
The culmination of the intensive accelerator program brought together the participating startups, alongside investors, industry peers and stakeholders, and DSO's community and network. Dubai, UAE – Dubai Silicon Oasis (DSO), the special economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), and the Massachusetts Institute of Technology (MIT), in collaboration with the Global Growth Hub (GGH), concluded MIT DesignX Dubai Accelerator Program's (MDXB) Demo Day at DSO. The event celebrated the successful completion of an intensive three-month curriculum, mentored by the very best at MIT DesignX, expertly delivered through a series of workshops to the 10 innovative startups that comprised the second cohort of MDXB. During the event the winning team 'theion', was presented with their award at the MDXB Demo Day. The team represented by CFO Matthias Fengler, and Co-Founder Johannes Eisele, was recognized for its groundbreaking advancements in lithium-sulfur crystal battery technology, in the presence of His Excellency, Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, Dr. Juma Al Matrooshi, Director General of DSO, and Gilad Rosenzweig, Executive Director of DesignX at MIT. As part of their prize, they received 100,000AED in equity-free funding, and Full business setup for one year at the Dubai Technology Entrepreneur Campus (Dtec), the largest technology co-working space of its kind in the MENA region. Commenting on the success of the second consecutive MDXB Demo Day, Dr. Juma Al Matrooshi, Director General of DSO, said: 'The MDXB program, and its culminating demo day, is a testament to Dubai's status as a global hub for innovation. DSO's involvement reflects our commitment to empowering promising entrepreneurs who seize opportunities and develop transformative, technology-driven solutions. Through Dtec, we provide startups with direct access to a thriving ecosystem of investors, mentors, and industry leaders, along with state-of-the-art facilities and tailored support designed to accelerate their growth and market success.' For his part, Gilad Rosenzweig, Executive Director of DesignX at MIT, said: 'At MITdesignX (MDX) we are excited to support a new ecosystem of entrepreneurs and startups in collaboration with Dubai Silicon Oasis and Global Growth Hub. As Dubai positions itself as a global center for innovation, I am delighted to see the second cohort of MDXB startups grow and demonstrate their remarkable talent in developing high-impact solutions for the GCC and the entire world. The entrepreneurial drive and pioneering ideas in this region are truly inspiring. Omar Hassan, Managing Director of Global Growth Hub, said: 'This is the first phase of the second cohort, and we are thrilled to be kicking off phase two, which will focus on supporting the startups with market entry. Moreover, we look forward to opening recruitment for the third cohort in summer of this year.' Matthias Fengler, CFO of theion, expressed his gratitude, saying: 'The MIT DesignX program has added significant value to theion by providing great support in the conceptual development of our venture. Through access to MIT's expertise, the infrastructure of Dubai Silicon Oasis and the network of Global Growth Hub, we've been able to refine our ideas, strengthen our approach and engage with investors. With its vibrant start-up ecosystem, Dubai is the ideal gateway for us to expand into the larger gulf region.' The selected startups for the second cohort represented Europe, the US, and the GCC, with a shared focus on environmental, social, and governance (ESG) principles and sustainability. Their innovative solutions span sectors such as hydrogen technology, waste management, emissions reduction, and energy storage and more. MIT DesignX is a global leader in accelerating transformative startups, having supported over 170 companies across 15+ cities and regions worldwide. The accelerator's expansion into Dubai highlights the city's rising prominence as a hub for startup innovation, collaboration, and growth. Since its inception, startups supported by MITDesignX have collectively exceeded a valuation of US$1 billion, showcasing its profound impact on the global innovation landscape.