ShareADQ, an Abu Dhabi-based holding company developed DisruptAD, a platform that unifies all the entity’s venture capital efforts onto a single platform. DisruptAD will partner with Flat6Labs in the launch of Flat6Labs Ignite, an AED 120 million program that supports early-stage companies with funding alongside other benefits such as mentorship and office space. Flat6Labs Ignite will run for a three-year period and invest in 20 early-stage startups. Applications for the first cycle will remain up to April 30, 2021, giving participating companies access to seed investment worth AED 550,000, and follow-on funding worth AED 2 million. You can apply for the Flat6Labs Ignite program hereFlat6Labs is the leading seed investor and manager of startup programs throughout the MENA region.

Source: The North Africa Journal April 03, 2021 07:07 UTC