Update - Dubai Opens Winter Camping Reservations as Al Ruwayyah Expands … Transport - Dubai’s Final World Trade Centre Roundabout Bridge to Open on O… Weather - UAE Temperature Drops to 16.9°C at Ras Al Khaimah’s Merbeh Moun…

Send an Inquiry

Fill in the details below and our team will get back to you.

Business 1 min read 24 views

Got a Startup to Get People Moving? Ford-Backed Techstars Mobility, Driven by Detroit Providing Funding, Training

Ford-sponsored Techstars Mobility, driven by Detroit today begins allowing applications from start-ups considering developing future movement options.
Up to 12 start-ups will get $120,000 financing and also three months of development training to establish ideas and also options aligned with Ford Smart Mobility, the strategy to take Ford to the next level in connection, movement, independent vehicles, the consumer encounter as well as data and also analytics.

"Working with each other, Techstars Mobility and also Ford are assisting smart, ambitious inventors who are creating ingenious remedies to transform the way the globe moves," stated Ken Washington, Ford vice president, Research and also Advanced Engineering. "Some of today's most cutting-edge thinking is coming from startups, as well as we're delighted to bring this new thinking to Detroit as well as the car industry.".

This startup course is asked to focus on innovations in four crucial locations:.

Consumer experience;
Information technology and data analytics;
Multimodal trip integration, and
Flexible ownership and user experience

Applicants could use at www.techstars/ apply. Target date for submissions is March 22. Individuals will certainly kick off June 13, with task support finishing Sept. 8.

Techstars Mobility, a mentorship-driven accelerator program, released in 2015 to focus on next-generation mobility and also transport options. It is a descendant of the Techstars worldwide program, which launched in 2007 and also has developed 660 firms that have actually raised $5 billion.
Techstars Mobility's concentrate on Ford Smart Mobility comes from the vision of firm Executive Chairman Bill Ford, that has actually led the charge to bring attention to the prospective lasting repercussions of growing gridlock worldwide.

The Techstars Mobility consortium additionally includes numerous various other worldwide companies, including Magna International, Verizon, Dana, Honda, McDonald's, Munich Re and also Michelin. Each has contributed program financing and mentorship.

The 2015 class included 10 startups, which have actually increased more than $3 million considering that completing the program. Seven of the business are developing a presence in local area Detroit to advance their advancements, including:.

- Cosmos: a pay-as-you-go mobile platform. Now in screening, the strategy would provide smart phone consumers the alternative to pay daily or each use for phone data-- getting rid of the requirement for expensive contracts.
- Elegus Technologies: a battery innovation that would raise the energy thickness and security of traditional batteries, making it possible for batteries to lessen and hold even more power. Developed during a four-year period, the team is testing the modern technology for manufacturing in the near future.

"The initial year surpassed all assumptions, with 10 impressive business, an around the world response, greater than 300 getting involved advisors across Detroit and eight active corporate companies," said Ted Serbinski, managing supervisor, Techstars Mobility. "This was all brought together by the auto supremacy as well as business rebirth in Detroit. We're delighted to expand this program in 2016 and beyond.".

Related News

More on Business

View all

Comments (0)

Join the conversation

No comments yet. Be the first to share your thoughts!

More News

See all
Technology

Hamad Al Hajri and Fadi Ghandour to Headline Doha Downtown Tech Summit as Awards Receive 180 Nominations

Snoonu founder and CEO Hamad Al Hajri and Wamda Group Executive Chairman Fadi Ghandour will headline the second edition of the Downtown Tech Summit in Doha, as organisers announce an expanded speaker line-up and agenda for the event. Msheireb Properties, Qatar's sustainable real estate developer,...

Oct 27, 2026 · 2 min
Technology

Cequence Security Appoints Russ Schafer as CMO Amid Record Growth and Rising AI Security Demand

Cequence Security has appointed Russ Schafer, former Executive Vice President of Marketing at Fortinet, as its Chief Marketing Officer (CMO), as the cybersecurity company expands its application, API and agentic artificial intelligence security business. Schafer will report to Cequence CEO and...

Oct 27, 2026 · 4 min
Technology

Enersol to Showcase UAE Energy Technology and Operational Achievements at ADIPEC 2026

Enersol, the energy technology investment platform jointly owned by ADNOC Drilling and Alpha Dhabi Holding, will participate in ADIPEC 2026 from November 2 to 5 at ADNEC Centre Abu Dhabi, showcasing how its portfolio companies are strengthening local manufacturing, technology localisation and...

Oct 27, 2026 · 3 min
Government

GCC Secretary General to Deliver Opening Address at 20th Annual GPCA Forum in Dubai

Jasem Mohamed AlBudaiwi, Secretary General of the Gulf Cooperation Council (GCC), will deliver the opening address at the 20th Annual GPCA Forum, organised by the Gulf Petrochemicals and Chemicals Association (GPCA) from November 22 to 24 at Madinat Jumeirah in Dubai. The forum will bring together...

Oct 27, 2026 · 3 min
Trusted by

Our Associates

Brands and organisations that work with Day of Dubai.

Add Business Card Add Event Add Directory Add Forum