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SuiHub Accelerator Launches with $200K and Expert Guidance in MENA

Summary Review: The SuiHub Global Accelerator Program has been launched to support startups building on the Sui blockchain. Offering up to $200,000 in funding, technical assistance, and marketing resources, the program focuses on scalable and real-world projects in the Middle East and North Africa (MENA) region.

Startups aiming to develop on the Sui blockchain now have a new opportunity with the launch of the SuiHub Global Accelerator Program. Backed by the Sui Foundation and its partners, this 12-week initiative offers up to $200,000 in funding alongside expert support in technology, marketing, and business development for teams with early-stage projects.

Targeting Innovation in Blockchain

The program seeks projects that leverage the Sui blockchain’s capabilities while offering practical and scalable solutions. Funding will be tied to the achievement of key development milestones. In return, SuiHub will take a stake in the projects selected for the program.

Focus on the MENA Region

SuiHub aims to build a strong community of blockchain developers in the Middle East and North Africa. The initiative is a collaboration between the Sui Foundation and Dubai-based Ghaf Group, a private investment firm specializing in Web3 ventures. Ghaf Studios will provide participants with strategic support in areas like fundraising, marketing, and tokenomics.

Kostas Chalkias, co-founder of Mysten Labs, the team behind the Sui blockchain, highlighted the accelerator’s importance:
“The launch of this program is a crucial step toward empowering the next wave of blockchain innovators. We are not just creating projects but building a thriving ecosystem backed by expert mentorship and resources.”

Global Partnerships for Success

The program includes partnerships with Brinc, a Hong Kong-based venture capital and accelerator firm, which will offer business development and partnership guidance. CoinList, a prominent token listing platform, will also provide token launch workshops and exposure to its 10 million users.

Application Deadline

The application window for the program closes on December 20, giving startups a limited time to take advantage of this opportunity to gain funding and expert guidance.

Summary Review: The SuiHub Global Accelerator Program has been launched to support startups building on the Sui blockchain. Offering up to $200,000 in funding, technical assistance, and marketing resources, the program focuses on scalable and real-world projects in the Middle East and North Africa (MENA) region.

Disclaimer: Nothing in this article, or any content from Web30 News, should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves risks, and investors should be aware that capital is at risk and returns are never guaranteed. Please conduct thorough research and consult with a qualified financial advisor before making any investment decision.

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