The Hub71 Impact Report 2022 is a comprehensive report that analyses the key sectors and ecosystems in Abu Dhabi, hear is all information about Hub71.
It’s the start of a new year and that means we have a new edition of the Hub71 Impact Report! In 2016 a lot happened across the GCC and the wider tech ecosystem. This blog will take a look back at some of the key takeaways from Abu Dhabi’s tech ecosystem. We’ll also look forward to what Hub71 predicts will be the biggest opportunities for startups in Abu Dhabi in the next five years.
Hub71 has defined the Abu Dhabi startup ecosystem, recognizing companies who have graduated from our 86 program, have raised funding, have executed successful exits, and have built teams that have moved on to other successful endeavors. Now, for the first time, we’ve released our annual impact report to illustrate how Abu Dhabi’s global tech ecosystem is progressing.
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Introduction to Hub71
Most technology hubs are focused on the local startup scene. But Hub71 isn’t. The Abu Dhabi startup hub is focused on Abu Dhabi as a whole. It’s a place for startups from around the world to plug into the government-supported ecosystem of Abu Dhabi. Here’s a look at a few of the startups and companies that have taken advantage of the opportunities in the city.
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Hub71 Impact Report 2022:
A few weeks ago, Hub71 released its first Impact Report, which provides a snapshot of the ecosystem, the challenges that lie ahead, and the opportunities in Abu Dhabi’s growing tech sector. This year, we focused on the opportunities that are specifically relevant to startups, while also providing a high-level snapshot of the tech ecosystem as a whole. The report highlights the diversity of startups present in the ecosystem, the positive impact they are having on the local economy, and how they are contributing to the city’s broader vision for the future.
Launched on February 27, 2019, the Hub71 Impact Report 2021 is an annual report that provides insights on the opportunities that Abu Dhabi’s global tech ecosystem presents for startups. The report is a product of the UAE’s government-supported innovation hub, Hub71, which aims to promote the country as a hub for tech innovation. As such, the report is a useful resource for startups looking to determine whether Abu Dhabi is the right place for them to grow. The report is structured around four key pillars: technology, talent, funding, and markets.
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Hub71 Team
In line with the Dubai 2020 vision, the Abu Dhabi 2030 vision focuses on achieving sustainable growth by developing an inclusive knowledge-based economy, improving the quality of life, and building a community that is globally connected. The Abu Dhabi 2030 vision, is aligned with the UAE National Agenda 2021, which aims to make Abu Dhabi a sustainable, knowledge-based economy, a global center of entrepreneurship, and a community that capitalizes on the contributions of all.
About the Hub71 Impact Report 2022
The Hub71 team has done it again. Just one year after the first-ever Hub71 Impact Report, we are proud to announce the second edition of the report. The report was last year’s biggest asset, helping us to reach over 230 participants and 300 readers. The report was designed to define the Hub71 ecosystem, provide a snapshot of the ecosystem, measure its strengths and weaknesses, and offer some early predictions for 2022. We are proud to announce that the second edition of the report is ready to be downloaded. We have reworked many of the current aspects of the ecosystem, provided new statistics and data, and created a better layout.

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Hub71 Future Economy Technology Ecosystem Map
The Hub71 Future Economy Technology Ecosystem Map has been released, offering a snapshot of Abu Dhabi’s tech ecosystem, showing the current state of the industry and how it has developed in recent years. The map, which was developed by Hub71 and the Government of Abu Dhabi, is the result of a year-long study that assessed the local tech industry ecosystem and provided a comprehensive overview of the opportunities and challenges it faces. The report, which is the first of its kind, is based on a survey of over 1,000 organizations in the technology sector in Abu Dhabi. The report provides a detailed view of the local tech industry ecosystem and its development over time. It also offers a number of recommendations for how the Government, private sector, and academia can work together to develop sustainable growth for the sector.
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What are the startups in Hub71 doing?
Hub71 is a space where startups, businesses, and entrepreneurs of all kinds in Abu Dhabi can grow and create their businesses. Hub71 is not just a place to come and work. It is a place to come and connect, to meet other passionate people who are going through the same thing as you. It’s a place where you can bounce ideas off people and get feedback on your product, an office in which you can find people who are willing to help out with your business, and a place in which you have access to workshops, mentors, and investors. It is a place for people to come and grow their businesses.
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The government has prioritized the development of the tech sector and has introduced a range of initiatives to create a more dynamic, competitive, and innovative economy. The aim is to create a vibrant economy that is globally competitive, embraces innovation, and fosters a culture of enterprise and entrepreneurship. This will be achieved through a number of steps, including the development of a knowledge economy with a focus on sectors such as ICT, energy and environmental technology, manufacturing and healthcare, as well as tourism and hospitality. The Government has launched the UAE Blockchain Strategy 2021 and the Government Economy Transformation Strategy 2022 to help achieve this goal. The strategy aims to develop a fully integrated economy, with a high level of innovation, and to increase the contribution of science, technology, and knowledge to the GDP from 5 percent to 20 percent. The strategy also aims to raise the contribution of the knowledge economy to 60 percent of the GDP.
How can startups in Hub71 benefit from the Economic Vision 2030?
The Abu Dhabi Economic Vision 2030 is a long-term economic development strategy that aims to diversify the economy away from oil and gas. The aim is to increase the contribution of non-oil sectors to the emirate’s Gross Domestic Product (GDP) to 60 percent by 2030. The vision also aims to increase the number of jobs in the private sector to 70 percent. The potential is huge, with the non-oil sector already accounting for 40 percent of the emirate’s GDP. The UAE is the world’s largest exporter of perishable goods, with agricultural products accounting for 27 percent of the emirate’s non-oil GDP. The UAE is also the world’s largest producer and exporter of dates. The emirate also has a strong base of technology companies, creating a vibrant environment for entrepreneurs to flourish. The economic vision has also placed an emphasis on innovation, entrepreneurship, and diversifying the economy. The government has also undertaken a slew of initiatives to support entrepreneurs, including the launch of the Emirates Venture Capital Fund (EVCA) in 2015.
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Conclusion:
The development of Abu Dhabi’s tech sector continues to be rapid. Hub71 is excited to announce the release of the Hub71 Impact Report 2021. The report, which was released in partnership with the Abu Dhabi Global Market (ADGM), provides a comprehensive analysis of the opportunities presented by the UAE capital’s tech ecosystem. The report reveals that in the past three years alone, some 1,800 startups were launched in the city, with a total value of $1.1 billion, and another 2,700 are expected to launch in 2018. The Hub71 Impact Report 2021 is a must-read for entrepreneurs, startups, corporates, and investors looking to gain a better understanding of the opportunities that Abu Dhabi’s thriving tech ecosystem offers..
