Google has launched its Google for Startups Accelerator, an AI-first program in MENA. The announcement was made at an event at the Dubai Future Foundation Auditorium featuring the inaugural cohort of 15 exceptional AI startups from the Middle East, North Africa, and Turkey.
The Google for Startups Accelerator programme aims to support innovation and entrepreneurship in the region. By providing these startups with the resources they need to grow, Google is helping build a brighter future for the Middle East, North Africa, and Turkey.
“As we witness the immense potential of AI to revolutionise industries and economies worldwide, the Middle East and North Africa stand at a pivotal juncture. With the UAE leading the charge, the region is poised to harness the power of AI to drive innovation, economic growth, and societal progress,” highlighted Anthony Nakache, Managing Director of Google MENA.
Regarding the transformative potential of AI in the Middle East and North Africa. He also added, “Through the Google for Startups AI First programme, we are committed to empowering exceptional founders and startups who are leveraging AI to address pressing challenges and create a brighter future for the region.”
The 15 selected startups represent a variety of AI applications, including healthcare, agriculture, sustainability, finance, and accessibility. The initiative is designed to help startups that are leveraging AI to solve pressing challenges with access to Google’s cutting-edge technology and connect them with industry experts and a vibrant network of fellow entrepreneurs.
The MENA artificial intelligence market size was estimated at USD 11.92 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 44.8% from 2024 to 2030. The growth is attributable to actively embracing AI to build smart and sustainable urban environments in this region. AI finds application in traffic management, energy optimization, and public safety, fostering more efficient and secure cities. For instance, Dubai has deployed AI-powered smart traffic control systems that utilize real-time data from traffic cameras and sensors to analyze traffic patterns and optimize signal timings, effectively reducing congestion and enhancing overall transportation efficiency.
The 10-week programme kicked off on 21 October with a two-day event where the startups engaged in panel discussions, workshops, mentorship sessions, and networking opportunities. “The goal is to help the cohort develop and scale to their full potential,” says Baris Yesugey, Head of Accelerator & Startup Ecosystem, MENA-T. “Our comprehensive support will focus on problem-solving, refining business strategies, and identifying new avenues for growth and development.”