SuiHub Launches Global Accelerator Program to Build Sustainable Businesses on Sui

This 12-week accelerator program is run in partnership between Brinc, CoinList, Ghaf Group, and Sui Foundation; and is set to provide strategic funding

Dubai, UAE, November 21, 2024 – SuiHub today announced the launch of its Global Accelerator Program, an initiative designed to help build sustainable businesses on Sui in the Web3 space.

The 12-week accelerator program, run in partnership with Brinc, CoinList, Ghaf Group, and Sui Foundation, will provide strategic funding, technical guidance, and networking opportunities to startups and developers building on the Sui blockchain.

The SuiHub Accelerator will support pre-token projects with a strong potential for scaling and sustainable business models. Selected participants will benefit from comprehensive support, including:

– Funding: Up to $200,000 per team in milestone-based funding.

– Technical guidance from Sui engineers and architects.

– Access to CoinList’s network of investors, partners, and ecosystem builders.

– Legal, financial, and operational support from Ghaf Group.

– Mentorship from Brinc and SuiHub’s network of experienced founders, operators, and investors.

– Participation in exclusive events, workshops, and pitch sessions.

SuiHub is looking for innovative teams that have a Minimum Viable Product (MVP) that aligns with the Sui blockchain’s capabilities and has real-world applicability. Applications for the SuiHub Accelerator Program are open until January 10, 2025.

“The SuiHub Accelerator Program represents our commitment to nurturing the next generation of compelling applications on the Sui blockchain,” said Kristof Lukovich, CEO of SuiHub. “We believe that by supporting founders building real-world applications, we actively contribute to Sui’s mission of onboarding the next billion users to web3.”

“There has been a lot of momentum and excitement in the Sui builder community. We are confident that the SuiHub accelerator will play a critical role in growing the Sui network by fostering a culture of innovation and collaboration,” said Scott Keto, President of CoinList. “We have seven years of experience supporting novel ecosystems and builders, and we look forward to supporting the next generation of builders on Sui.”

“The UAE has quickly emerged as a region where blockchain-based decentralized technologies are poised to flourish,” said Kostas Chalkias, Co-Founder and Chief Cryptographer at Mysten Labs, which developed the Sui network. “We are excited to work with the likes of Brinc, CoinList, and Ghaf Group to launch a global accelerator program that will combine the strengths of the region and the Sui ecosystem to generate projects that utilize Sui’s industry-leading technologies to address real-world use cases at scale. We believe this accelerator will create new levels of innovation not only for the Sui community but for the entire Web3 ecosystem of the Gulf Cooperation Council.”

“The SuiHub Global Accelerator Program launch marks a major leap forward in supercharging innovation across the Sui ecosystem,” said Jameel Khalfan, Head of Ecosystem Development at the Sui Foundation. “By providing developers and entrepreneurs worldwide with unparalleled access to resources, mentorship, and support, we will empower them to build groundbreaking solutions that leverage Sui’s uniquely capable platform and continue the remarkable ascent of Sui to becoming the preeminent infrastructure provider in web3.”

“We’re excited to partner with SuiHub on a program that sets a new standard in Web3 acceleration,” said Yasin Aboudaoud, Managing Partner – MENA and Chief Development Officer at Brinc. “With SuiHub committing up to USD 200,000 per startup through milestone-based funding, this initiative doesn’t just fund startups—it equips them with critical resources to innovate, grow, and scale swiftly. SuiHub’s dedication to supporting pre-token projects and fostering global Web3 expansion aligns with Brinc’s mission to empower transformative technologies and drive real impact across the blockchain ecosystem.”