Home Banking & Finance Emirates NBD, DIFC launch ‘National Digital Talent Incubator’ programme

Emirates NBD, DIFC launch ‘National Digital Talent Incubator’ programme

The incubator programme will run two cohorts per annum, each consisting of three to six fintech startups with UAE national founders and members

Emirates NBD, DIFC launch ‘National Digital Talent Incubator’ programme
The bespoke incubator programme aims to boost UAE talent and the growth of entrepreneurship within the fintech space. Image credit: WAM

Emirates NBD has launched the ‘National Digital Talent Incubator’ programme as part of the bank’s strategic partnership with the Dubai International Financial Centre (DIFC).

Facilitated by DIFC’s venture-building platform, DIFC Launchpad, the bespoke incubator program aims to boost UAE talent and the growth of entrepreneurship within the fintech and digital innovation space. The program will be supported by leading industry partners including Visa, Microsoft and Dell Technologies.

The National Digital Talent Incubator program will run two cohorts per annum, each consisting of three to six fintech startups with UAE national founders and members.

Over the eight-week-long program, participants will gain rich insights from venture-building and innovation experts from DIFC Launchpad, hands-on experience from the most successful entrepreneurs in the UAE, mentorship and one-to-one coaching sessions with founders of top UAE fintech scaleups and access to innovator networks, incumbent corporations, Governments and capital in the UAE.

“We are extremely pleased to launch the National Digital Talent Incubator program in collaboration with our long-time strategic partner, DIFC. The launch of this unique program reinforces Emirates NBD’s commitment to accelerate innovation, boost local talent and entrepreneurial growth in the region,” said Abdulla Qassem, Group Chief Operating Officer at Emirates NBD.

“As a leading local bank that has always championed innovation and contributed towards growing the national digital economy, we are confident that our new incubator program will help in catalyzing economic development and innovation in the financial services industry and the UAE economy as a whole.”

Arif Amiri, Chief Executive Officer of DIFC Authority, said, “The National Digital Talent Incubator programme in partnership with Emirates NBD, is designed to drive innovation and growth by nurturing local talent and the next generation of industry leaders.

Amiri highlighted that the DIFC’s growing stature as a global hub for talent and thriving eco-system for fintech and innovation will further empower UAE Nationals in their pursuit of transforming ideas into thriving startups.

“Emirates NBD’s National Digital Talent Incubator program stands out as it has been designed to enable participants to broaden their skillset, network and influence, to better understand key trends shaping the economy and create businesses that significantly impact the local and global economy,” said Miguel Rio Tinto, Group Chief Digital and Information Officer at Emirates NBD.