DMCC and TDeFi will launch an accelerator program for blockchain startups. DMCC, the Dubai-based government authority on commodities trade and enterprise, has partnered with TDeFi, a global incubator and consultancy for Web3 companies, to create an accelerator program for blockchain and Web3 startups at the DMCC Crypto Centre in Dubai. This program will provide mentorship and guidance to participating companies on various topics related to crypto and scaling a business.
DMCC and TDeFi accelerator program aims to attract more crypto firms to Dubai, which already houses over 550 Web3 and blockchain companies at the DMCC Crypto Centre. The month-long program will run for at least two editions over the next year, and companies that are interested will receive priority guidance and services from DMCC to establish themselves at the Crypto Centre.
TDeFi will also select a few startups at the end of each cohort to join its incubation program, which provides additional advisory services and access to its growing ecosystem, according to WAM. Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “Supporting Web3 and blockchain businesses is a key priority for DMCC as we build on the success that the Crypto Centre has seen since its launch. By providing everything crypto businesses and entrepreneurs need to thrive, we have emphatically positioned Dubai as a leading hub for crypto. This latest partnership with TDeFi adds yet another string to our bow and will help emerging crypto businesses bring their ideas to light in Dubai.”
Gaurav Dubey, CEO, TDeFi, added: “Our extensive programme comprises various modules that will support entrepreneurs and businesses operating within the crypto space, from ideation to scaling their start-ups. Through its Crypto Centre, DMCC has established a leading ecosystem of Web3 and blockchain businesses, and so there is no better place for us to operate our latest accelerator programme. Through this new partnership, we are looking forward to unlocking some truly game-changing projects in the Web3 space.”
The DMCC Crypto Centre is a comprehensive ecosystem for companies that develop web3 and blockchain technologies, and associated value-added services, providing everything that crypto businesses and entrepreneurs need to set up and scale their operations.
