1776 announces first international expansion to Dubai - Technical.ly DC

Business

Apr. 26, 2016 10:02 am

1776 announces first international expansion to Dubai

Cofounder and co-CEO Evan Burfield told the Washington Business Journal the city is “a gateway to global markets.”
Inside 1776.

Inside 1776.

(Photo by Flickr user Ted Eytan, used under a Creative Commons license)

Crystal City is peanuts.

The 15th Street-based incubator 1776 announced Tuesday that it is opening a new campus in Dubai. The news was first published in the Washington Business Journal — the campus will be 1776’s first international expansion.

The outpost will be based in Dubai’s Museum of the Future, a newly unveiled project that, according to its website, aims to be “a unique incubator for futuristic innovations and designs.”

1776 cofounder and co-CEO Evan Burfield told WBJ that 1776 Dubai will host events and incubate startups, much like they do in D.C., and will also “advise UAE officials how to develop a regulatory framework to support the growth of new companies.”

“There are so many exciting things happening in the UAE and Dubai,” Burfield said. “Dubai is increasingly becoming a place where entrepreneurs — as soon as they get some money and get going — want to be. It’s a gateway to global markets.”

The expansion news comes less than a month after 1776 announced they’d raised $7.2 million in “strategic investment.” The new 1776 Dubai, once established, will join a growing roster of locations including the headquarters on 15th street, 1776 Crystal City and 1776 San Francisco.

Companies: 1776
People: Evan Burfield
-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Halcyon Incubator is partnering with CareFirst to support healthcare startups

Virginia Tech launched a $1.5B fundraising campaign to expand university initiatives

Curbio enters two new markets, with ‘dozens’ more planned

SPONSORED

DC

Verizon is looking for the brightest ideas on how to use its 5G technology

Philadelphia, PA

Vistar Media

QA Engineer

Apply Now

Washington, D.C.

The Washington Post

Scrum Master

Apply Now

Washington, D.C.

The Washington Post

Software Engineer

Apply Now

DivvyCloud moved into a new Arlington office with plans to double its workforce

This H Street coworking space is expanding and supporting second-career entrepreneurs

Two years ago, 1776 shifted its business model. How’s it going?

SPONSORED

DC

Escape the August heat with cool AI tech

Philadelphia

Vistar Media

Sr. Software Engineer

Apply Now

Philadelphia

Vistar Media

Front End Engineer

Apply Now

Philadelphia, PA - Center City

Odessa

Business Architect

Apply Now

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!