Page 148 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/29/24, 9:35 AM Ireland’s Continuous Ventures Becomes Strategic Partner in UAE’s NextGen FDI Initiative
Colin Meagle, Founding Partner of Continuous Ventures, shared his enthusiasm about

the collaboration.

“The UAE is an ideal base for our headquarters due to its

forward-looking approach to technology and innovation.

Through our partnership with NextGen FDI, we can help

homegrown startups compete on a global stage,

transforming local ideas into world-changing companies.

This collaboration marks an exciting new chapter for us,

and we're honoured to contribute to the UAE's journey

towards becoming a world leader in tech innovation."

Continuous Ventures, now headquartered in Dubai, offers a hands-on support model for

early-stage companies, providing resources, industry knowledge, mentorship, and

operational guidance in key areas like market research, product development, and

financial management. The firm’s ESG investing focus is also in line with the NextGen FDI
initiative’s aim of accelerating the growth of high-potential, sustainable businesses.

The venture firm will initially focus on supporting UAE-based startups through its Dubai and

Abu Dhabi offices, with plans for a larger campus-style facility in DIFC as the programme

expands. In addition to its direct support, Continuous Ventures will introduce a network of

investors to the region, further contributing to the growth of the UAE’s startup ecosystem.

This partnership marks a pivotal step in enhancing the UAE’s reputation as a global

innovation hub, fostering a dynamic ecosystem where local entrepreneurs can collaborate,

refine their ideas, and achieve their next milestone.

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