Page 157 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/29/24, 9:35 AM UAE and Ireland’s Continuous Ventures team up to support high-potential tech startups - Arabian Business: Latest News on the Mi…
Continuous Ventures will support the initiative’s mission in three core ways:

To use its knowledge to assess potential programme entrants
Offer go-to-market strategies for recently onboarded companies
Introduce their startups to the initiative

UAE tech startup support

Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, said the partnership underscores
the UAE’s commitment to becoming a global leader in innovation and entrepreneurship.

He said: “This collaboration with Continuous Ventures will play an important role in our
efforts to make the UAE the destination of choice for pioneering enterprises at every stage

of their growth journey.

“As we accelerate our economic diversification efforts, our ability to nurture new ideas, new
capabilities and new ventures, particularly in high-potential sectors such as med-tech,

renewable energy, advanced manufacturing, agri-tech and trade tech, will support our
ambition to develop an economy-based on knowledge and innovation”.

Dr. Al Zeyoudi stated that the experience of Continuous Ventures will help NextGen FDI

companies leverage the opportunities in the local and regional market but introduce new
enterprises to its network.

Colin Meagle, Founding Partner of Continuous Ventures, said: “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.”

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