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Mastercard AI Start Up Challenge 2024

Application Deadline: 25th August 2024.

Applications are now open for the 2024 Mastercard AI Start-Up Challenge. Mastercard, the UAE Artificial Intelligence, Digital Economy and Remote Work Applications Office, and First Abu Dhabi Bank (FAB) are here to empower the next generation of AI pioneers in the UAE with our first-ever AI challenge.

Designed to fuel the advancement of the nation’s AI ecosystem and in line with the DUB.AI blueprint, this is your chance to win $150,000 and exclusive access to Mastercard resources to propel your growth. Ready to take your startup to the next level?

Eligibility

Entrants must be seed or series A startups, specializing in AI and champions in the fields of: 

• Risk & Security
• Next-Gen Banking & Finance
• Emerging Fintech
• ESG / Sustainability

Benefits

Cash prize of $150,000

Fuel your growth with a significant financial boost to invest in your AI innovation and take your startup to the next level.

Exclusive access to Mastercard resources

Boost your trajectory with invitations to Mastercard events, collaboration opportunities with us and our partner network, and even Priceless experiences.

Fast track to Mastercard Start Path final selection date

Our award-winning program for startups with mentoring and innovation opportunities. The winner will be onboarded into the Start Path final selection day, if meeting the qualification criteria.

Pitch day

Finalists will be invited to a pitch day where ideas will be assessed by our panel of experts based on several criteria, including:

Innovation & Novelty, Market Potential, Business Model & Rev Potential, Product Fit, Growth Strategy, Impact on User / Society, Presentation & Engagement, Ethical AI / Data Privacy, Team & Execution, Financial Health.

Timelines

Registration: open until 25th August 2024.

Initial screen concludes and applicants informed: September 2024.

Final event: October 2024.

More Info: Mastercard AI Start Up Challenge

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