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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.
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