Final call for applications to $100,000 TDefi and DMCC Web3 startup accelerator
Applicants in this cohort will be given priority mentoring and services from DMCC for formal establishment at the DMCC Crypto Centre, with a few successful companies receiving $100,000 in liquidity from TDeFi upon meeting the criteria.
, Dubai's flagship free zone and commodity trading and enterprise authority, and TDeFi, a Web3 incubator and consultancy are now entering the final stages of registration for its Web3 startup incubator at DMCC Crypto Centre.
This accelerator programme is aimed at bringing innovative Web3 companies to Dubai, the companies said in a statement according to the Emirates News Agency, WAM. This second cohort is a follow-up to the first in March.
Applicants in this cohort will be given priority mentoring and services from DMCC for formal establishment at the DMCC Crypto Centre, with a few successful companies receiving $100,000 in liquidity from TDeFi upon meeting the criteria. Applications will be accepted until 1 September.
“From ideation to developing business scaling strategies, our extensive accelerator programme is designed to prepare nascent Web3 businesses for VC funding rounds and operating efficiently in the real world,” Gaurav Dubey, CEO TDeFi, said.
Over 20 mentorship sessions by Web3 industry leaders, including Coinbase Singapore, StepN, Footprint Analytics, Hacken, and Enjin, will share insights on compliance practices, token engineering, and market management.
“Through our Crypto Centre, we are proud to bring this exciting 8 opportunity to a new wave of innovative Web3 businesses to Dubai, particularly as the emirate grows as a competitive knowledge-based economy," said Ahmad Hamza, Executive Director – Free Zone, DMCC.
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Edited by Akanksha Sarma