NYU: StartAD Gears up for Second Edition of Hardware Venture Launchpad

Press release
Published April 11th, 2018 - 08:18 GMT
Ramesh Jagannathan, startAD Managing Director
Ramesh Jagannathan, startAD Managing Director

startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has issued a final call for innovative startups to apply for the second edition of the hardware Venture Launchpad before the approaching deadline of April 15.

The hardware Venture Launchpad is an immersive 10-day entrepreneurship program that will help startups develop a scalable, repeatable, and capital efficient venture from April 29 to May 9, 2018. The initiative is open to UAE and global early-stage hardware startups and is free of charge to accepted teams.

Held in partnership with ADNOC Distribution, Etihad Aviation Group, and Crescent Enterprises, the program is set to culminate in an exclusive Investor Day where the top 10 teams will receive private one-on-one facetime with 10 UAE investors. Finalists will also win a prototyping grant and be considered for investment and ADvance mentoring by startAD, including the opportunity to build their prototype at Al Warsha, the startAD lab.

NYU Abu Dhabi Research Professor of Engineering, Vice Provost for Innovation and Entrepreneurship, and startAD Managing Director Ramesh Jagannathan, said: “startAD is focused on developing hardware based innovations, leveraging latest advances in AI and machine learning, as a potential regional core competency. startAD’s strategic partnerships with Etihad Airways and ADNOC Distribution are expected to accelerate and strengthen this vision, and provide a landing zone for successful startups in these key sectors.”

Jagannathan continued: “For example, ‘on demand, full service mobile automobile care’ is disrupting the consumer and professional transportation industry  through key innovations in the hardware space such as smart and safe fuel delivery and dispensation. Aviation industry is heating up with startups that are also now developing low cost, wearable, head-mounted, near-to-eye displays for aircraft pilots, including augmented reality systems, with potential to transform the industry." 

In addition to refining their prototypes, startups accepted into the program will gain a deeper understanding of design thinking methodologies, go-to-market strategies, financial planning including valuation and funding as well as the chance to connect with manufacturing sources and prototyping labs in China.

Promising hardware startups with the vision and drive to build a successful company and who have a tested concept, initial prototype/product and an initial team can apply through the startAD website - hvl.startad.ae

Background Information

New York University Abu Dhabi

NYU's agreement with the Emirate of Abu Dhabi to create NYU Abu Dhabi is the outcome of a shared understanding of the essential roles and challenges of higher education in the 21st century: a common belief in the value of a liberal arts education, concurrence on the benefits a research university brings to the society that sustains it, a conviction that interaction with new ideas and people who are different is valuable and necessary, and a commitment to educating students who are true citizens of the world. As the first comprehensive liberal arts and science campus in the Middle East to be operated abroad by a major American research university, NYU Abu Dhabi has been built on the following principles:

NYU Abu Dhabi is a research university with a fully integrated liberal arts and science college. It draws students from around the world, and prepares them for the challenges and opportunities of our interconnected world. 

NYU Abu Dhabi equips students for leadership in all arenas of human endeavor. It fosters curiosity, creativity, and critical reflection. At NYU Abu Dhabi, students extend themselves and the frontiers of knowledge. 

The residential life of students is central to the academic mission. Learning takes place across the campus, not only in classrooms, but also in residential houses, in clubs and sports, in informal campus gatherings, and in the wider community. 

NYU Abu Dhabi stimulates advanced research. The NYU Abu Dhabi Institute is a major research center. Research is integral to the undergraduate experience at NYU Abu Dhabi, and it will also drive the University's graduate programs. 

NYU Abu Dhabi and NYU New York form the backbone of a fully connected Global Network University. As one of the two major hubs in the Global Network, NYU Abu Dhabi creates a unique capacity for faculty and students to access the assets of the entire university system.

NYU Abu Dhabi advances Abu Dhabi as a magnetic center of ideas and human talent.

Contact Information

New York University Abu Dhabi
P.O. Box 129188
Abu Dhabi,
United Arab Emirates

PR Contact

Contact Name
Vic Roth

PR Rates

Buy credits to publish your articles on Al Bawaba Biz here

You May Also Like

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content