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3/4/25, 10:44 AM Future100 Initiative Signs 6 Agreements To Drive Startup Growth In UAE’s New Economy Sectors - UrduPoint
Innovation Hub, Ernst & Young UAE, middle East Venture Partners (MEVP), and
in5 Incubator.
The signing ceremony was attended by Alia bint Abdulla Al Mazrouei, Minister of
State for Entrepreneurship, while Abdullah Ahmed Al Saleh, Undersecretary of the
Ministry of Economy, signed the MoUs on behalf of the initiative.
The signatories representing the new partners were Professor Eric Xing, President
of Mohamed bin Zayed University of Artificial Intelligence; Mohammed Alblooshi,
CEO of DIFC Innovation Hub; Majed Al Suwaidi, Senior Vice President of TECOM
Group – Dubai Media City on behalf of in5; Anthony O’Sullivan, Managing Partner
of Ernst & Young UAE; Walid Mansour, Co-Founder and Managing Partner of
MEVP; and Hassan Waheed Al Farsi, board Member of Oraseya Capital.
Alia Al Mazrouei emphasised the UAE’s commitment to fostering entrepreneurship
and innovation, stating, “The UAE has been proactive in launching pioneering
initiatives that create a competitive environment for entrepreneurs, enabling them
to attract investments, promote their products and services, and secure necessary
funding. This also contributes to nurturing an entrepreneurial culture in our
society.”
She noted that the Future100 initiative is one of the UAE’s most significant
programs aimed at accelerating growth in emerging economic sectors and
enhancing opportunities for startups to expand globally. The initiative annually
recognises top 100 startups that are contributing to the competitiveness of
the UAE’s future economy.
Al Mazrouei added, "The initiative’s partners play a vital role in providing technical
and legal support, as well as offering competitive financing solutions for the 100
companies selected in each cycle. We remain committed to forging more
partnerships that will enhance the UAE’s entrepreneurial ecosystem, equipping
innovators with the necessary expertise to develop groundbreaking projects that
benefit society and drive economic and social progress in the country."
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