- DMCC and TDefi announced an accelerator programme to attract new Crypto firm start-ups for Web3 and Blockchain.
- The cohort begins on 15 March 2023 and last for 6 weeks.
Dubai Multi Commodities Centre (DMCC) is the world’s largest free trade zone and the Government of Dubai authority on commodities exchange- and TDefi is a Web3 set-up and consulting company coming together for a program to allure early-stage programs and start-ups.
TDefi, in collaboration with DMCC, to launch an accelerator programme. Aim to connect and support Web3 innovations in gaming, arts, Decentralized finance, Infrastructure, entertainment, financial services and many other related fields.
Offering mentorship, training and workshop sessions on Web3 and Blockchain to grow the business. DMCC has over 550 members.
The acceleration programme is a 6-week programme, accepting worldwide promising early-stage projects and start-ups. The programme will continue for at least 2 parts over the next 12 months.
Timeline of Events
| Application begins | 10 january 2023 |
| Application close | 28 february 2023 |
| Annoucement of selected participants | 10 March 2023 |
| Cohort Begins | 15 March 2023 |
DMCC key priority is supporting Web3 and blockchain businesses, as we build on the success that the Crypto Centre has seen since its launch. By providing everything crypto businesses and entrepreneurs need to thrive, we have emphatically positioned Dubai as a leading hub for crypto. This latest partnership with TDeFi adds yet another string to our bow and will help emerging crypto businesses bring their ideas to light in Dubai.” said Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC,
Commenting on the upcoming proggrame CEO of TDefi, Gaurav Dubey further added, “Our extensive programme comprises various modules that will support entrepreneurs and businesses operating within the crypto sphere , from ideation to scale up their start-ups. Through its Crypto Centre, DMCC through Web3 and blockchain businesses has established a leading sphere, and so there is no better place for us to operate our latest accelerator programme. Through this new partnership, we are looking forward to unlocking some truly game-changing projects in the Web3 space.”
About DMCC Crypto centre:
It is the largest free trade zone, which was created in 2002 in Dubai. It works for commodities exchanges; the exchanges deal in four sectors, i.e., precious commodities, steel, metal, energy and agriculture.
Ahmed bin Sulayen is the chairman and CEO of DMCC.
Trading deals through DMCC trade flow, the Dubai good delivery standard for gold, Dubai diamond exchange, Dubai coffee centre, Dubai tea centre, Dubai pearl exchange.
In 2020, investment Cooperation of Dubai became the parent company. DMCC’s authority is the Government of Dubai. DMCC, on 26 May 2021, issued the first crypto asset trading license for off-exchange trading. To develop Cryptoindustry in UAE.
DMCC Crypto Centre & TDefi launched a 6 week accelerator programme, strives to identify and support Web3 innovations in relatable fields. To help the entrepreneurs and start-ups scale their businesses.