The Future100 initiative has signed six new partnership agreements with economic and academic institutions, business accelerators, and investment firms to strengthen the UAE’s entrepreneurial ecosystem.
These Memoranda of Understanding (MoUs) aim to boost startup growth in emerging and sustainable sectors, offering innovative solutions for business expansion.
New partners include Mohamed bin Zayed University of Artificial Intelligence, Oraseya Capital, DIFC Innovation Hub, Ernst & Young UAE, MEVP, and in5 Incubator. The signing ceremony was attended by Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, with Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, signing the MoUs.
Al Mazrouei highlighted the UAE’s commitment to fostering entrepreneurship, noting that Future100 annually recognises 100 startups contributing to economic growth. She emphasised the role of partners in providing technical, legal, and financial support to scale these businesses.
Initiative partners stressed the importance of collaboration. Mohammed Alblooshi of DIFC Innovation Hub reaffirmed DIFC’s commitment to empowering innovators. Majed Al Suwaidi of in5 highlighted its role in supporting the UAE’s innovation agenda, while Anthony O’Sullivan of Ernst & Young UAE underscored public-private partnerships in scaling businesses.
Walid Mansour of MEVP reiterated support for startups, and Hassan Waheed Al Farsi of Oraseya Capital announced a $1 million investment to back local tech firms.
Launched by the Ministry of Economy and the Government Development and the Future Office, Future100 is an annual national programme identifying startups driving the UAE’s future economy.
