Intelak announces finalists for seventh cohort
Intelak, an industry-focused incubator program for the aviation, travel and tourism sectors, has selected four start-ups from its latest cohort. 10 start-ups were shortlisted from over 100 applicants from 20 countries to attend a weeklong pre-incubation boot camp in February from which four finalists were selected by a jury of industry experts.
The winning start-ups are Sherpa, Troop Travel, Mobimatter and Seafood Souq, with each business idea focused on making customers’ travel journey more seamless and sustainable. Throughout the program’s four-month incubation period the start-ups will have unrivalled access to Intelak’s corporate partners, industry investors and world-class mentoring from travel and tourism experts to grow their businesses. Their journey will conclude on 24 June 2020 with a Demo Day in which the start-ups pitch their ideas to the program’s principle partners, leading industry experts and investors for partnership and funding opportunities.
Led by principal partners the Emirates Group and Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), Intelak brings together entrepreneurs and early stage start-ups from across the UAE and internationally to participate in an aviation, travel, and tourism-focused incubator program. The program has provided over AED 1.4 million in SEED funding and AED 1.2 million in resources to date, without taking an equity stake in the companies.