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NEW BATCH OF TURN8 GRADUATES PREPARE FOR INVESTOR DEMO DAY Fifth round entrepreneurs will present to investors and media


Dubai, United Arab Emirates, 7 January, 2016:- The fifth Investor Demo Day has been announced by TURN8, the seed accelerator programme for technology entrepreneurs initiated by global marine terminal operator DP World. The event will be held on 16 January 2016 and will showcase businesses from Round 5 of the programme that educates, mentors and provides seed funding to innovative startups from around the world.


DP World Chairman HE Sultan Ahmed bin Sulayem said: "Dubai and the UAE are a great example of how innovation drives trade, which powers economic development. Our leaders have always been innovators and it is part of our DNA. We are following the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to look for creative and innovative people and offer them the support they need in order to turn their ideas into actual projects. DP World is committed to the UAE's strategy as a knowledge based economy, as detailed in the UAE Vision 2021 and Dubai Plan 2021.


"As a company we have an innovative mindset and a priority for us is to encourage creative thinking, supporting young talent to drive the future. TURN8 is an example of how we are contributing to our communities in which we operate and by nurturing entrepreneurship we are developing our greatest asset, creative people, who can shape the future for generations to come."


DP World Chief Information Officer and TURN8 Programme Director, Yousif Al Mutawa, said: "The goal of TURN8 is to bring innovative entrepreneurs to Dubai from around the world. We offer funding and an education that you will not find in many universities that is backed by a growing community of successful entrepreneurs and investors who mentor, train and help bring these new businesses to life. To be part of this endeavour is truly life-changing."


In the years since its inception, TURN8 has trained and graduated more than 51 startups whose founders came to Dubai from across the UAE, the Middle East and North Africa, Europe, Asia and the United States.


Each team is offered funding, training and coaching for four months to help them hone their business idea and to understand the basics of launching and running a new business.

The startups who are graduating from Round 5 of TURN8 will present to investors and members of the media on demo day. They are:


  • Pixelbug (Dubai) - Bringing augmented reality magic into everyone'slife.

  • Kanari (Dubai) - Helping brands grow their business by helping them managecustomer

    experience.


  • SaveSpace (Dubai) - Offers local pick up/drop off of boxes to customers for storingtheir

    belongings.

  • MedicSen(Spain) - A system designed for the intelligent and integrated treatment of insulin dependent diabetes mellitus.

  • FairFare (Kazakhstan) - Helps service consumers in uncovering concealed prices ofgoods

    through peer-to-peer information sharing.

  • Mytriphoto(Chile) - Allows hotels to reach potential customers organically, improve online reputation and promote new sales with self-service photography.

  • Rewardial (Romania) - A blogging outreach and user engagementplatform.

  • MakersBuilders (Dubai) - The first educational institute of its kind in the Middle East, aimingto

    become the leading provider of technology education for children and teenagers.

  • Foodiac (Finland) - A marketplace for private chefs and high-endcatering.

  • 909Music (Dubai) - An online music library dedicated to licensing, producing andproviding

modern day, cutting-edge, quality rich music for media and avid music listeners worldwide.


The event includes a keynote speech by the renowned Swatch watch brand co-inventor and founder of Creaholic, Elmar Mock. Mr Mock is a micro and plastics engineer who also went on to design Tissot's Rockwatch before leaving the company and founding his own engineering and innovation consultancy company, Créaholic in Switzerland in 1986. Creaholic has since completed more than 600 projects for dozens of companies, created several spin-offs and generated over 150 patents in various fields.


His talk at Investor Demo Day is titled 'The Innovation Factory: The Hidden Side to the Swatch Story and How To Successfully Manage Innovation'.


The upcoming TURN8 Investor Demo Day will be held in the Windsor Ballroom at Grosvenor House in the Dubai Marina on 16 January 2016 between 5pm and 8pm GST. For more information, visit http://www.turn8.co/demo-day/.


-ENDS-

DP World Limited issued this content on 2016-01-07 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-19 13:08:03 UTC

Original Document: http://web.dpworld.com/wp-content/uploads/2016/01/2016_01_07_Turn8_DemoDay5_English.pdf