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11/29/24, 9:37 AM NextGen FDI Program and Continuous Ventures to support the UAE's startups - My Startup World - Everything About the World of …
NextGen FDI Program and Continuous Ventures to support

the UAE’s startups

My Startup World Staff November 26, 2024

The Ministry of Economy has announced that Continuous Ventures, an Ireland-based venture capital firm
and accelerator specialising 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.

According to His Excellency Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, 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. The
experience and expertise of Continuous Ventures will help NextGen FDI companies leverage the
opportunities in the local and regional market but introduce new enterprises to our growing network.”

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