The Authority of Social Contribution – Ma’an has inked a landmark Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem.
The MoU aims to support the growth of social tech startups and cultivate a meaningful social impact in the emirate of Abu Dhabi. Under the agreement, Ma’an will offer support, resources, mentorship, and opportunities to Hub71’s social startups.
To support social enterprises, the authority will also offer incentives such as the Social Certificate, Abu Dhabi’s first governmental recognition certificate, recognizing businesses that create fruitful social impact and contribute to developing sustainable solutions while elevating the wellbeing of the community.
Additionally, this collaboration allows social tech startups supported by Ma’an to join Hub71, offering them an opportunity to strengthen their presence in Abu Dhabi and scale globally. Startups who join Hub71’s program can also unlock in-kind and cash incentives while gaining access to an extensive network of corporate, government, and investment partners.
Ma’an and Hub71 will work together to develop and publish reports on the social tech ecosystem in Abu Dhabi to assess the landscape’s current state and identify major players, funding availability, and regulatory environments, providing valuable insights for stakeholders.
Ma’an, established in February 2019, by the Department of Community Development in Abu Dhabi, unites government, private sector, civil society, and local community to drive Abu Dhabi’s sustainable social development objectives. Ma’an remains committed to developing programs aimed at addressing social priorities across Abu Dhabi.
