Posted inStartUpBanking & FinanceIndustriesUAE

Revealed: Cohort of 20 new innovators who have been accepted into the MBRIF’s accelerator programme

The Innovation Accelerator (IA) programme provides high potential innovators with non-financial support through a member-centric design, customised services, and access to coaches and industry experts

startup business flat6labs

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has revealed the 20 new innovators have been accepted into its accelerator programme.

The MBRIF’s Innovation Accelerator (IA) programme provides high potential innovators from across the globe with fundamental non-financial support, to complete the ecosystem needs through the programme’s member-centric design, customised services, and access to coaches and industry experts to make a tangible positive impact towards the UAE’s economy.

The chief innovation officer at the UAE Ministry of Finance and MBRIF representative, Fatima Al Naqbi, said: “By welcoming a new cohort into our IA program, we are building on the UAE’s vision to create a knowledge-based economy and developing the next generation of innovators and entrepreneurs.

“The UAE is filled with an abundance of talent to shape a better future for our nation and as MBRIF we are pleased to be guiding innovators in key sectors of importance, with a pathway for growth and success.”

The new cohort for the innovation accelerator programme was selected from more than 160 applications. A total of 20 companies have been chosen including 15 businesses from the UAE, and the remainder from the US, Egypt, Brazil, India, and Luxembourg.

The latest cohort also has the highest number of UAE innovators joining the program since its inception.

The cohort comprises innovators who have made significant developments across multiple sectors identified by the UAE’s National Innovation Strategy, including education, health, renewable and clean Energy, technology, space, transportation, and water.

New members of MBRIF’s Innovation Accelerator programme

  • Predictiv – a personalised DNA based digital twin for disease prediction
  • Metanoa – a therapy solution for neurodevelopment disorders (NDDs)
  • MyUniPath – a platform designed to fill a single form for multiple university applications
  • Dahnoon – an Emirati educational character
  • AR Engineering –  an Immersive educational experience through XR
  • Learning Solutions Frontier – a space education to grow scientists and entrepreneurs
  • Biosolvit – a natural absorbent for oil spills with up to 95 percent oil recovery
  • Merlin Farms – pesticide-free organic aquaponics farming
  • EGV Desalination System – green low-cost water desalination technology
  • Maana Electric – eco-friendly and efficient solar panels production using local resources
  • Heidron Energy – breakthrough battery technologies
  • DGrade – a sustainable manufacturing solution for textiles
  • Virtual Satellites – an innovative satellite communication solution
  • AS2 Systems – a resilient autonomous vehicle technology
  • Melaaha Drones – the region’s first integrated drone training institute for future drone pilots
  • Fleetroot – a unified logistics platform for last mile delivery
  • Predixa – an AI empowered application for digital transformation
  • Lune – personal finance management with plug n play analytics and insights
  • Fanera – a social platform for football fans
  • Dukkan – an SME focused marketplace with rapid delivery

Over the years, the MBRIF Accelerator program has played a key role in shaping its members success and access to the UAE market by assisting members through the value chain, providing valuable insights from the industry ecosystem to leverage the demand of the local and regional business landscape.

Follow us on

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Abdul Rawuf

Abdul Rawuf