Hub71 launches Dhs150,000 angel investor support package

Hub71, Abu Dhabi’s global tech ecosystem, has launched a new initiative to support angel investors. Hub71 will provide a financial incentive of Dhs150,000 as part of its Angel Investor Support Package.

The move aims to strengthen angel networks and facilitate the creation of legal investment structures for angel investors within the emirate’s burgeoning startup scene.

Unveiled during Abu Dhabi Finance Week (December 9-12), the Angel Investor Support Package is designed to simplify and enhance investment opportunities, helping angel investors foster growth within Hub71’s vibrant ecosystem.

The package reflects Hub71’s recognition of angel investors’ critical role in driving early-stage startup growth.

The support package aims to provide financial, logistical, and strategic backing to angel investors, encouraging larger investments in early-stage ventures across Abu Dhabi.

Hub71 offers a robust framework to strengthen angel networks

The Angel Investor Support Package offers a comprehensive set of benefits to attract and retain angel investors in Abu Dhabi, including office space for up to two years, reduced licensing and setup fees for establishing special purpose vehicles (SPVs) in the Abu Dhabi Global Market (ADGM), and access to centralised back-office services such as legal and audit support.

The initiative also provides investors with a fully digital infrastructure, allowing them to vote on startup projects, deploy capital, and track investments with ease.

By streamlining the investment process and providing infrastructure that facilitates network development, Hub71 is seeking to increase the flow of capital into early-stage startups, helping to accelerate their growth and scalability within the region’s tech ecosystem.

Mohammed Al Binali, value creation lead at Hub71, commented, “Angel investors play a pivotal role in bridging the funding gap for startups, and at Hub71, we are deeply committed to cultivating a robust investment environment that reinforces Abu Dhabi’s position as a global hub for innovation and entrepreneurial growth. By empowering the development of angel networks, facilitating larger ticket investments, and encouraging investment in early-stage startups, we aim to unlock the full potential of Abu Dhabi’s global tech ecosystem.”

Since the launch of the Angel Investor Support Package, four new angel networks have already been established under the initiative.

These include Falcon Valley, an exclusive group of seasoned investors focused on early-stage disruptive ventures; UAE Angels Capital Investment, which specialises in high-growth seed and early-stage startups; Qora71, led by a Techstars Entrepreneur in Residence, dedicated to mentoring Hub71 startups and preparing them for fundraising; and the Emirates Angels Investors Association, founded in 2020, which has already made significant investments in startups like Takalam and Mindtales.

This new framework allows angel investors to either join existing networks or establish their own, providing them with access to Hub71’s diverse startup ecosystem, along with strategic support for investment guidance, financial planning, and growth strategies.

Read: Google, Hub71 partner to launch startup programme in 2025