Page 159 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/29/24, 9:36 AM Ministry Of Economy's Nextgen FDI Program Partners With Continuous Ventures To Support The UAE's Startup Ecosystem

Ministry Of Economy's Nextgen FDI Program

Partners With Continuous Ventures To Support

The UAE's Startup Ecosystem

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11/26/2024 3:17:14 AM

(MENAFN- Dubai PR Network) - Continuous Ventures brings specialized venture capital
support to foster the growth of UAE based tech startups, aligning with the NextGen FDI
program's focus on knowledge driven economic development.

- The new partnership with NextGen FDI is designed to fast-track the maturation of UAE's
tech ecosystem, with a focus on disruptive sectors including med tech, AI, and sustainability.

- HE Al Zeyoudi:“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”

Abu Dhabi, UAE – October 28, 2024:

The Ministry of Economy has announced that Continuous Ventures, an Ireland-based venture
capital firm and accelerator that specializes in supporting high-potential startups in the tech

space, has become a strategic partner to its NextGen FDI initiative, which seeks to attract
pioneering global companies to the UAE. Continuous Ventures will support the initiative's
mission in three core ways: to use its knowledge to assess potential program entrants, to offer

go-to-market strategies for recently onboarded companies, and to introduce their own start-
ups to the initiative.

Founded in 2018 in Dublin but now seeking to expand from its new global headquarters in
Dubai, Continuous Ventures offers a hands-on support model to early-stage companies,
providing them with a suite of tools, resources, industry knowledge and mentorship. The firm,

which has a strong focus on ESG investing, also provides operational guidance in areas such
as market research, product development and financial hygiene, deploying a“teach-a-founder”

approach. This dovetails with the NextGen FDI initiative's role in accelerating the development
of a supportive ecosystem for high-growth, high-potential companies.

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