Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 07 2019

In partnership with OYO, Hub71 to soon provide accommodation to entrepreneurs in Abu Dhabi

OYO will lease, fit-out and manage residential units for Hub71 residents, offering both furnished and unfurnished units.

In partnership with OYO, Hub71 to soon provide accommodation to entrepreneurs in Abu Dhabi

Hub71, a global tech ecosystem based in Abu Dhabi Global Market Square, has partnered with OYO Hotels & Homes, the world’s fastest-growing chain of hotels, homes and​ ​living spaces. The hospitality chain will be offering select accommodation to startups that have been granted Hub71’s Incentive Packages.

OYO will lease, fit-out and manage residential units for Hub71 residents, offering both furnished and unfurnished units.

Mahmoud Adi, CEO of Hub71, said, “Hub71 is designed to support global startups during the most important phase of growth; furthermore, we’re delivering on our promise of building a solid ecosystem based on strong partnerships and collaborations with both international and local players. Through our partnership with OYO, we will offer free leases for startups with up to five employees for two years, and 50% subsidized leases for startups with up to 25 employees for three years.”

“Not only is Hub71 supporting startups with mentorship and improved market access, but we’re directly adding value to their bottom line. We are confident that our partnership with the global hospitality company will be monumental to the growth of Abu Dhabi’s tourism and tech scene,” he further stated.

Ritesh Agarwal, Group CEO and Founder of OYO Hotels & Homes, added, “We are thrilled to partner with Hub71, offering OYO's standardized accommodation to startups. We understand that running a successful company demands razor-sharp focus on solving a problem, and with OYO as a trusted accommodation partner, the young entrepreneurs, founders and their families will have one less thing to worry about as they solve modern-day problems, while adding value to Abu Dhabi's entrepreneurial ecosystem.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Tea And Coffee Chain
    About Us: Kadak Special is a New Tea and Coffee chain..
    Locations looking for expansion Pune
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Maharashtra Pune
  • Others Food Service
    About Us: Amigos Burrito opened its door in Apr 2019 at..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Competitive Exam Coaching Institute
    About Us: ALS Satellite Education Pvt Ltd - is a venture started..
    Locations looking for expansion Delhi
    Establishment year 1979
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Beauty Salons
    About Us: In this 21st century, people are way too busy..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities