SuiHub has reported receiving over 630 applications for its inaugural Web3 global accelerator program, marking one of the largest intakes for an ecosystem-specific initiative. The program, designed to support Web3 startups and innovators, has attracted significant global interest ahead of its launch.
According to SuiHub, the accelerator program has sparked enthusiasm from more than 13,000 individuals spanning 152 countries and 2,452 cities. This overwhelming response underscores the growing traction of the Sui ecosystem and the widespread interest in the opportunities provided by the SuiHub initiative.
The CEO of SuiHub highlighted that the substantial interest in the program reflects both the strength of the Sui ecosystem and its appeal to builders worldwide. The leadership expressed excitement about working with the first cohort, aiming to help participants harness the capabilities of the Sui blockchain to develop real-world solutions.
With an acceptance rate of approximately 1.3%, the selected cohort will comprise some of the most innovative and promising startups in the Web3 sector. Industry experts believe that the large number of applicants demonstrates the robustness of the SuiHub offering and the expanding influence of the Sui ecosystem. Given the stringent selection process, the first batch of startups is expected to showcase exceptional potential, and key stakeholders are eager to support these emerging builders in their blockchain ventures.
The accelerator program is a collaborative effort involving Brinc, CoinList, Ghaf Group, and the Sui Foundation. Each participating team will have access to milestone-based funding of up to $200,000, along with technical support and global marketing exposure. The initiative aims to assist early-stage projects and entrepreneurs in constructing sustainable business models within the Sui blockchain ecosystem.
Experts from the Sui ecosystem emphasized that the accelerator-backed projects, benefiting from Sui’s highly scalable and fast network, have significant potential to contribute to the expansion of the blockchain’s ecosystem. As an innovation hub, SuiHub specializes in ecosystem development by offering both accelerator and youth-focused programs. With backing from the SUI Network, the organization provides cutting-edge resources and expertise to help startups and enterprises leverage blockchain technology effectively.
The leadership of the Sui Foundation noted the overwhelming response to the SuiHub Dubai Accelerator, emphasizing the exceptional quality of submissions from developers, entrepreneurs, and users. The significant volume of applicants highlights the talent pool that is helping shape the Sui ecosystem into a dynamic and innovative network.
The first cohort is set to commence shortly, granting selected teams direct access to the Sui Solutions Engineering team, expert guidance on token design and distribution mechanisms, and growth marketing support. Industry leaders have pointed out that the strong caliber of applicants reflects the rapid expansion of the Sui ecosystem and the valuable role played by the accelerator’s partners. They believe the program is quickly establishing itself as a leading initiative within the Web3 landscape, and there is anticipation surrounding the progress of the startups entering the program.
As SuiHub continues to drive innovation and collaboration, this first group of startups is expected to lay the foundation for further advancements in Web3. The accelerator aims to accelerate Sui’s broader mission of onboarding the next billion blockchain users, reinforcing its long-term vision of widespread adoption.
Supporters of the initiative have highlighted the importance of expanding Sui’s presence in various regions, particularly in the Middle East. They view the program as more than just an accelerator, describing it as a launchpad for the next wave of Web3 innovation. The initiative is expected to foster global connections, strengthening regional blockchain ecosystems through increased collaboration and investment.
Sui operates as a next-generation Layer 1 blockchain and smart contract platform, designed to enhance digital asset ownership through fast, secure, and scalable solutions. Utilizing an object-centric model based on the Move programming language—originally developed at Meta—the platform supports parallel execution, sub-second finality, and advanced on-chain assets. With its horizontally scalable processing and storage, Sui offers unmatched speed at low cost, providing an ideal foundation for developers to build user-friendly applications that push the boundaries of blockchain technology.