Page 167 - MOE ENGLISH PR REPORT- NOVEMBER 2024
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11/29/24, 9:37 AM NextGen FDI Programme partners with 'Continuous Ventures' to support startups
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, and introduce their startups to the initiative.
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.
"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," he added.
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."
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
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