Page 385 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025 (International)

3/19/25, 12:37 PM Future100 initiative discusses fostering innovation in tech and sustainable ventures and enhancing UAE's entrepreneurial ecosyst…
She highlighted that thanks to the UAE's visionary leadership, the country has successfully established a
competitive legislative framework that attracts entrepreneurs and startups worldwide, providing the
necessary initiatives and enablers for their success. SMEs currently account for 94% of all businesses in the
UAE, with 25,000 SMEs founded by Emirati youth in 2024 alone. The UAE is home to over 50 government
and private business incubators and accelerators, contributing to its recognition as the best global
destination for business and economic activities in 2024, according to the Global Entrepreneurship Monitor
(GEM). The UAE also ranked first globally in the GEM Entrepreneurship Index for 2023-2024 for the third
consecutive year, excelling in key indicators such as financing, market accessibility, and government
support.

H.E. Al Mazrouei underscored that developing national entrepreneurship is a strategic priority for the UAE.
It forms a core pillar of the country's economic agenda, led by the Ministry of Economy, in collaboration
with federal and local government entities, the private sector, and academic and research institutions.

She outlined the UAE's new entrepreneurship ecosystem initiatives, designed to enhance the country's
competitiveness and increase the success rate of entrepreneurs from 30% to 50% by the next decade.
Notable initiatives include Riyada Fund, which allocates AED 300 million to support entrepreneurial
ventures and the UAE Entrepreneurship Council, which aims to unify national efforts to accelerate SME
growth and strengthen collaboration between key stakeholders. In this context, she encouraged
entrepreneurs and startups to leverage these enablers and incentives, along with the Future100 initiative.

The Future100 session concluded by highlighting inspiring investment stories from companies in the
Future100 initiative, where entrepreneurs reviewed their investment journeys and the strategies that
enabled them to obtain funding and accelerate their growth. The stories presented emphasized that
investment opens new horizons for success and paves the way for achieving distinguished achievements in
an advanced economic environment.

Read the full story here:
https://www.24-7pressrelease.com/press-release/520159/future100-initiative-discusses-fostering-
innovation-in-tech-and-sustainable-ventures-and-enhancing-uaes-entrepreneurial-ecosystem

Press Release Distributed by 24-7Pressrelease.com

https://smb.americanpress.com/article/Future100-initiative-discusses-fostering-innovation-in-tech-and-sustainable-ventures-and-enhancing-UAEs-entr… 2/2