The Emirates Group in collaboration with the General Electric company, Etisalat and Dubai Silicon Oasis Authority, DSOA, today announced the launch of a joint initiative targeting young entrepreneurs and students in the UAE.
The joint initiative, called 'Intelak' (taking off), will bring together selected entrepreneurs and students from across the UAE to participate in a travel, technology and aviation-focussed incubator. Four winning teams, which will be selected through a rigorous judging process, will be enrolled in the full Intelak Incubator training programme and receive AED50,000 each to fund and further develop their ideas.
"Intelak is the ideal platform to inspire and work with young entrepreneurs to shape the future of travel through new and original ideas. At the Emirates Group, we are fully committed to redefining the travel experience as we continue to invest in the next generation of technology leaders in UAE," Abdulaziz Al Ali, Emirates Executive Vice President, Human Resources, said.
The collaborative effort between the Emirates Group, General Electric company, Etisalat and DSOA is in line with Dubai’s vision in promoting innovation as a key economic driver.
Commenting on the partnership, Shahla Ahmed Abdul Razak, Deputy CEO of Dubai Silicon Oasis Authority, said, "We are pleased to host the new Incubator at the Dubai Technology Entrepreneur Centre, which we are confident will significantly contribute to the support of innovative youth, especially in the travel and aviation sectors. We are certain that Intelak will further encourage innovative young UAE national entrepreneurs to transform their ideas into reality, all the while contributing to the GDP of Dubai."
The partners will accept online submissions from 6th September to 31st October at www.intelak.com
Source: http://www.wam.ae/en/news/general/1395299699982.html