I’ve long been a big fan of the Plug and Play Tech Center. I visited their home in Sunnyvale, California, recently and it was a thriving hive of energy, excitement and can-do attitudes, all rolled into one. I have been watching them diligently export their formula to other markets and I was wondering if the Middle East would be in their sights.
No need to wonder any more. They’re heading to Abu Dhabi. Very exciting:
Plug and Play announces its partnership with Abu Dhabi Global Market (ADGM) to create a footprint in the Middle Eastern region. In the last two years, the Middle East has been proactive in deploying resources from both the public and private sectors into the innovation space with fintech playing an active role. The collaboration between Plug and Play and ADGM will represent an open innovation hub for a multitude of partners across the financial sector, running a three-month accelerator program once per year.