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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 | Pakistan Point
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."

The initiative’s partners reiterated the importance of collaboration between the public, private,
and academic sectors in creating an enabling environment for startups and business innovation.

Mohammed Alblooshi, CEO of DIFC Innovation Hub, stated, "As a leading hub for innovation
and entrepreneurship, DIFC is proud to collaborate with the Ministry of Economy as an
accelerator partner for the Future100 initiative. Our partnership aligns with the UAE’s strategic
vision for innovation and entrepreneurship and will empower the next generation of innovators
by providing them with the tools, resources, and expertise needed to drive positive change and
shape the future economy."

Majed Al Suwaidi, Senior Vice President of TECOM Group – Dubai Media City, speaking on
behalf of in5, emphasised the significance of the partnership in advancing the UAE’s innovation
agenda, stating, "Our strategic collaboration with the Ministry of Economy is a key step in
supporting the ‘We the UAE 2031’ vision and Dubai Economic Agenda D33. By backing the
Future100 initiative, we aim to empower future innovators, who are the foundation of sustainable
development. in5 remains committed to fostering innovation across vital industries, reinforcing
the UAE’s position as a global hub for startups and entrepreneurs."

Anthony O’Sullivan, Managing Partner of Ernst & Young UAE, commented, "We are pleased to
support the Future100 initiative to enhance opportunities and resources for local startups. This
collaboration between the government and private sector highlights the power of joint efforts in
identifying, supporting, and scaling innovative businesses that contribute to the UAE’s economic
diversification. The investments made today will help build a thriving and
sustainable business ecosystem for the future."

Walid Mansour, Co-Founder and CEO of MEVP, stated, "Our partnership with the Ministry of
Economy in this initiative underscores our commitment to investing in promising and innovative
startups. With our 15-year track record in identifying and supporting
transformative technology companies in the region, MEVP is uniquely positioned to support

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