Emirates , GE, And Etisalat Partner To Nurture Aviation And Travel Entrepreneurs

Aiming to incorporate innovation in the conventional aviation sector, and to support the UAE's ambitious plans for the industry, The Emirates Group along with GE and Etisalat have launched Intelak ("taking off" in Arabic), an aviation and travel technology entrepreneurship incubator.

Shutterstock.com

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Aiming to incorporate innovation in the conventional aviation sector, and to support the UAE's ambitious plans for the industry, The Emirates Group along with GE and Etisalat have launched Intelak ("taking off" in Arabic), an aviation and travel technology entrepreneurship incubator. Through this joint initiative, the companies are inviting "passionate and talented" early-stage entrepreneurs and students to help them take the industry forward. Seeking to nurture ideas with the support of the physical space and network provided by DTEC, Intelak is accepting submissions till October 31, 2016 from 3-5 member teams with at least one UAE National as an "integral team member or co-founder." The target of such teams should be to "independently deliver a MVP to make travel simpler, better and more exciting," and such ideas will be judged based on "creativity, innovation, feasibility, and scalability."

Representatives of Etisalat, GE, Emirates and DSO at the launch of Intelak.Image credit: The Emirates Group.
According to Intelak, the idea must relate to improving any aspect in the realm of aviation and travel. Logistics in airports, loyalty programs, aircraft improvements, better food etc. are a few specified instances. In terms of the intake process, top 20 teams selected from the applications will go through a two-week bootcamp, which will include workshops on design, financial modeling, marketing, and other topics. After this training, the teams will then compete against each other in a pitch challenge, from which four teams will be chosen as winners. Besides a cash prize of up to AED 50,000, these teams will get enrolled in the Intelak incubator for a three-month program to develop their idea into a viable business. Besides the required mentorship, the teams will also receive access to the investor community to pitch for investment. That's not all—the website also states that, "they may also have co-creation or employment opportunities with the Emirates Group, GE, or Etisalat."

If you have an idea that could potentially alter the travel and aviation space, hurry and apply to be a part of Intelak.

Related: The Arab World Has Seen More Accelerator Programs Launch In Recent Years Than Ever Before

Related Topics

Entrepreneurs

Startup Spotlight: UAE-Based Lisan's AI-Powered Proofreading Platform Guarantees Error-Free Arabic Writing

The 12 products Alasadi alludes to aim to correct 12 specific types of errors, which include spelling, grammatical, morphological, semantic, and stylistic errors, as well as mistakes related to checking quotations and proper names.

Growing a Business

Rudy Mawer Shares 10 Ways To 10x Your Business

Learn the tactics needed to exponentially grow your revenue

Leadership

The Bootstrapped Billionaire: Zoho Corporation Co-Founder And CEO Sridhar Vembu

Sridhar Vembu, co-founder and CEO of the billion-dollar Zoho Corporation, explains how the soul of his company remains grounded despite its growth.

Leadership

5 Winning Habits That Will Transform Your Leadership Skills

Ready to take your leadership skills to the next level? Discover the five winning habits that will transform you into an exceptional leader!

Thought Leaders

The Collapse of Credit Suisse: A Cautionary Tale of Resistance to Hybrid Work

This cautionary tale serves as a reminder for business leaders to adapt to the changing world of work and prioritize their workforce's needs and preferences.