On the 6th of October, a meeting of the Hackspace Capital CTO Oleg Kondrashov with representatives of the Takamul Innovation Support Program was held in Abu Dhabi.
The Takamul program, created by the UAE Department of Economic Development, has recently been discussing the start-ups supporting from outside. So, the head of the company EnCata and CTO of the investment fund Hackspace Capital Oleg Kondrashov showed intention to support the development of technology projects in the Emirates. The parties talked about the possible investments of the fund in the technological start-ups of the region — some developments have already being presented at the parley.
Also, the possibility of introducing HAC-tokens (Hackspace Capital cryptocurrency) into the start-up ecosystem of the UAE was considered. Particular attention was paid to the development of the hardware industry.