UAE'S RAK DAO Launches USD$2 Million Builder's Oasis Accelerator Program

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UAE'S RAK DAO Launches USD$2 Million Builder's Oasis Accelerator Program

^{Published on 2025-02-06 08:41:04 - MSN}

Applications for Builder's Oasis will be open until the end of February 2025, after which shortlisted teams will be invited to participate in exclusive demo days in Dubai and Ras Al Khaimah.

The UAE's RAK Digital Assets Oasis (RAK DAO) has launched a $2 million accelerator program named "Builder's Oasis" aimed at supporting Web3 startups. This initiative, in collaboration with the RAK Incubator & Accelerator, offers a comprehensive 12-week program that includes mentorship, workshops, and networking opportunities. Startups will receive up to $100,000 in funding, along with access to a global network of investors and industry experts. The program focuses on nurturing blockchain and Web3 technologies, providing participants with the tools and connections needed to scale their businesses. Applications for the program are now open, with the first cohort set to begin in September 2024.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/smallbusiness/uae-s-rak-dao-launches-usd-2-million-builder-s-oasis-accelerator-program/ar-AA1yvJ8I ]

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