Future100, a collaborative initiative between the Ministry of Economy and the Government Development and the Future Office, has announced forging 25 strategic partnerships.
These partnerships are aimed at supporting the top 100 emerging companies that play a vital role in bolstering the competitiveness of the UAE’s future economy sectors.
Future100 partnerships
The inaugural list of Future100 partnership deals will be unveiled on World Futures Day, which coincides with December 2, the UAE National Day.
These newly established partnerships are aimed at achieving the initiative’s objectives, including enhancing readiness for the future, solidifying the UAE’s status as a hub for new economy companies, creating a conducive environment for the growth and prosperity of these enterprises, and expanding opportunities for their local and global development.
The partnerships bring with them a host of incentives and resources, including the possibility of investing in companies that make it to the Future100 list and support for accelerating innovation and digital transformation.
Additionally, Microsoft for Startup Founders Hub will offer cutting-edge artificial intelligence services and expert guidance to foster innovation and sustainable growth among startups.
Abdullah bin Touq Al Marri, UAE Minister of Economy, said the new partnerships are established to support startups’ readiness to expand and invest in new economic sectors.
“This will help establish the UAE as a global hub for the new economy,” he said.
The new strategic partnerships encompass a diverse range of organisations, including the National CSR Fund (Majra), and accelerators category such as the Abu Dhabi Department of Economic Development, Emirates NBD, Dubai Future District Fund, Mohammed bin Rashid Innovation Fund, Microsoft, Careem, and FTI Consulting.
The community partners category includes entities like Sharjah Research, Technology and Innovation Park (SRTI Park), Dubai Technology Entrepreneur Campus, Ajman Chamber, Ras Al Khaimah Economic Zone (RAKEZ), Sharjah Entrepreneurship Center (Sheraa), Abu Dhabi Business Platform, Mashreq Bank, Sandooq Al Watan, Khalifa Fund, Middle East VC Association (MEVCA), VentureSouq, Astrolabs, Flat6Labs, North Star, and the Greenhouse – Chalhoub Group, The Media Partners includes Entrepreneur Middle East.
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