SuiHub Dubai accelerator receives over 630 applications

SuiHub Dubai accelerator receives over 630 applications

SuiHub, based out of Dubai UAE received over 630 applications for its Global Accelerator Program, the largest intakes ever recorded for an ecosystem-specific accelerator program.

SuiHub’s accelerator program attracted interest from over 13,000 individuals from 152 countries and 2,452 cities. This exceptional level of enthusiasm highlights the momentum within the Sui ecosystem and the widespread appeal of the SuiHub initiative.
Kristof Lukovich, CEO of SuiHub stated, “The immense interest in the SuiHub Accelerator Program underscores the strength of the Sui ecosystem and its appeal to builders worldwide. We are incredibly excited to work with the inaugural cohort and help them unlock the full potential of the Sui blockchain to address real-world challenges.”

With an acceptance rate of just around 1.3%, the inaugural cohort of the SuiHub Accelerator is set to feature some of the most innovative and promising startups in the Web3 space.

“The 630+ applicants is a testament to the strength of the SuiHub offering and the momentum within the Sui ecosystem,” said Scott Keto, President at CoinList. “With an acceptance rate of just 1.3% and many quality applicants to choose from, the first cohort of the accelerator looks incredibly promising. We look forward to supporting this next generation of builders on Sui.”

The SuiHub Accelerator, run in partnership with UAE based Brinc, CoinList, UAE based Ghaf Group, and the Sui Foundation, provides up to $200,000 in milestone-based funding per team, technical support, and access to global marketing channels. Its mission is to empower pre-token projects and entrepreneurs building sustainable business models on the Sui blockchain.

“Backed by Sui’s lightning-fast and scalable network, these projects have immense potential to continue to grow the Sui ecosystem.” said Dr. Kostas Chalkias, Co-founder of Sui.

“The response to the SuiHub Dubai Accelerator from the community, developers, entrepreneurs, and users has been incredible. The extraordinary volume of qualified submissions reflects the talent that makes the Sui ecosystem a thriving, innovative network,” said Henrik Johansson, Head of Community at Sui Foundation.

The first cohort of the SuiHub Accelerator is scheduled to commence shortly, with selected teams gaining direct access to the Sui Solutions Engineering team, expert advisory on token design and distribution mechanisms, and growth marketing support.

“The exceptional caliber and overwhelming number of SuiHub accelerator applications demonstrate both the rapid growth of the Sui ecosystem and the strength of our partners,” said Bashar Aboudaoud, COO & Co-Founder of Brinc. “The program is quickly establishing itself as one of the best in the Web3 space, and I am very excited to see the progress of the startups that enter it.”

As SuiHub continues to foster innovation and collaboration, this inaugural cohort is poised to set the stage for further advancements in Web3 and accelerate Sui’s mission of onboarding the next billion users to the blockchain.

“At Ghaf Group, we are thrilled to support Sui’s growth in the Middle East and beyond. This program is more than just an accelerator, it’s a launchpad for the next wave of innovation in Web3 and will have a positive effect in further strengthening the regional ecosystem through new global connections.” stated Feras Al Sadek, MD, Ghaf Group.

Sui Hub launched in UAE in November 2024

SUI, through its SuiHub launched its Global Accelerator Program, a new initiative designed to help build sustainable businesses on Sui in the Web3 space in the UAE back in November of 2024. The 12-week accelerator program will be run in partnership between Brinc, CoinList, Ghaf Group, and Sui Foundation; and is set to provide strategic funding, technical guidance, and networking opportunities to startups and developers building on the Sui blockchain.

Sui launches its Global Accelerator Program in UAE

Sui launches its Global Accelerator Program in UAE

SUI, through its SuiHub has launched its Global Accelerator Program, a new initiative designed to help build sustainable businesses on Sui in the Web3 space. The 12-week accelerator program is run in partnership between Brinc, CoinList, Ghaf Group, and Sui Foundation; and is set to provide strategic funding, technical guidance, and networking opportunities to startups and developers building on the Sui blockchain.

The SuiHub Accelerator is committed to supporting pre-token projects with strong potential for scaling and sustainable business models. Selected participants will benefit from comprehensive support, including up to $200,000 per team in milestone-based funding, direct access to the Sui Solutions Engineering team for technical support and co-building of the product to maximize the potential of the Sui Network. Participating teams will also gain exposure to a global audience of over 10M+ early adopters via our partners’ marketing channels, along with support on growth marketing, leveraging KOLs, and go-to-market strategies. Additionally, teams will have access to expert advisory on token design, distribution mechanisms, listing strategies, and other crucial aspects of building a sustainable token economy.

SuiHub is looking for innovative teams that are pre-token launch and have a Minimum Viable Product (MVP) that aligns with the Sui blockchain’s capabilities and has real-world applicability. Applications for the SuiHub Accelerator Program are open until December 20, 2024.

“The SuiHub Accelerator Program represents our commitment to nurturing the next generation of compelling applications on the Sui blockchain,” said Kristof Lukovich, CEO of SuiHub. “We believe that by supporting founders building real-world applications, we actively contribute to Sui’s mission of onboarding the next billion users to web3.“

There has been a lot of momentum and excitement in the Sui builder community. “We are confident that the SuiHub accelerator will play a critical role in growing the Sui network by fostering a culture of innovation and collaboration,” said Scott Keto, President of CoinList. “We have seven years of experience supporting novel ecosystems and builders, and we look forward to supporting the next generation of builders on Sui.”

“The UAE has quickly emerged as a region where blockchain-based decentralized technologies are poised to flourish,” said Kostas Chalkias, Co-Founder and Chief Cryptographer at Mysten Labs, which developed the Sui network. “We are excited to work with the likes of Brinc, CoinList, and Ghaf Group to launch a global accelerator program that will combine the strengths of the region and the Sui ecosystem to generate projects that utilize Sui’s industry-leading technologies to address real-world use cases at scale. We believe this accelerator will create new levels of innovation not only for the Sui community but for the entire Web3 ecosystem of the Gulf Cooperation Council.”

“The SuiHub Global Accelerator Program launch marks a major leap forward in supercharging innovation across the Sui ecosystem,” said Jameel Khalfan, Head of Ecosystem Development at the Sui Foundation. “By providing developers and entrepreneurs worldwide with unparalleled access to resources, mentorship, and support, we will empower them to build groundbreaking solutions that leverage Sui’s uniquely capable platform and continue the remarkable ascent of Sui to becoming the preeminent infrastructure provider in Web3.”

“We’re excited to partner with SuiHub on a program that sets a new standard in Web3 acceleration,” said Yasin Aboudaoud, Managing Partner – MENA and Chief Development Officer at Brinc. “With SuiHub committing up to USD 200,000 per startup through milestone-based funding, this initiative doesn’t just fund startups—it equips them with critical resources to innovate, grow, and scale swiftly. SuiHub’s dedication to supporting pre-token projects and fostering global Web3 expansion aligns with Brinc’s mission to empower transformative technologies and drive real impact across the blockchain ecosystem.”

The SuiHub Accelerator aims to support promising founders and builders in rapidly bringing their products to market. Each selected team will have access to SuiHub’s resources, including the Sui Solutions Engineering team. In return, SuiHub will take a stake in the projects, aligning incentives while empowering founders to retain significant control.

The application process will consider project fundamentals, team capabilities, alignment with the Sui ecosystem, and demonstrated traction. Interested teams are encouraged to submit their applications through the SuiHub Accelerator portal at: suihub.org/accelerator.