Page 165 - MOE ENGLISH PR REPORT- NOVEMBER 2024

Colin Meagle, Founding Partner of Continuous Ventures, expressed enthusiasm about establishing
their headquarters in the UAE due to its progressive stance on technology and innovation. He said,
"The UAE is an ideal base for our headquarters due to its forward-looking approach to technology
and innovation."

The firm was founded in 2018 in Dublin but is now expanding from its new global headquarters in
Dubai. It provides hands-on support to early-stage companies, equipping them with tools,
resources, industry knowledge, and mentorship. This aligns with NextGen FDI's goal of creating a
supportive ecosystem for high-growth companies.

Dr. Al Zeyoudi noted that Continuous Ventures' expertise would help NextGen FDI companies seize
opportunities in local and regional markets while introducing new businesses to its network. The
partnership aims to nurture sectors like med-tech, renewable energy, advanced manufacturing,
agri-tech, and trade tech.

Building a Collaborative Environment
The mission of Continuous Ventures extends beyond funding; it seeks to cultivate excellence by
fostering collaboration among entrepreneurs and industry experts. This environment allows
entrepreneurs to refine ideas and work towards milestones while supporting the UAE's startup
ecosystem by introducing investment partners.

"Through our partnership with NextGen FDI, we can help homegrown startups compete on a global
stage," Meagle added. This collaboration signifies an exciting chapter for Continuous Ventures as
they contribute to the UAE's ambition of becoming a world leader in tech innovation.

This strategic alliance underscores the UAE's commitment to economic diversification by nurturing
new ideas and ventures. By leveraging Continuous Ventures' experience, the initiative aims to
develop an economy rooted in knowledge and innovation.

https://www.onearabia.me/business/nextgen-fdi-programme-partners-with-continuous-ventures-
011-82701.html