Area 2071 Launches 3 Projects to Support Global Startups
Area 2071 – which is supervised by the Dubai Future Foundation, has launched 3 pilot projects in the field of financing emerging technology companies.
The three projects were selected from among more than 150 that participated in a special program launched by District 2071 in partnership with Procter and Gamble's i-Dubai Lab Innovation Center.
The 'Swipe Zoom' project, was founded in Dubai in 2012. It focuses on providing integrated solutions to pay money and provide logistical services, allowing e-commerce companies to ship their products around the world.
The solutions offered by the company are based on bringing together financial institutions and small businesses that need financing so that the process between financial institutions and beneficiaries is fully automated.
Singapore's Next Pelion project specializes in developing rural products and rapid market processes that can be modified to suit consumer and retail initiatives.
Supply Chain Managers Finding AI Systems 'Frustrating'
The solutions offered by the company help small retailers increase their profits by pooling local distributors and third-party logistics services at the local and national levels. Provides retailers with the opportunity to obtain financial assistance using banks.
“HelloGold” from Malaysia is well-known for developing the world's first Shariah-compliant gold platform, with the aim of devising a new method for the way to buy, save, sell, and collect gold.
Since its launch in 2015, the project has attracted more than 200,000 users from around the world.
