Page 74 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/21/25, 10:21 AM 90 companies join Ministry of Economy’s NextGen FDI programme – UAE Business and Travel Insights – TotalUAE.com
Through an ongoing strategic capital allocation strategy, Schneider Electric has been at the forefront of
supporting startups with access to the necessary resources, tools and partners to scale and grow. The company
has empowered category-defining companies globally in sectors such as climate-tech, industrial AI, mobility,
prop-tech, and cybersecurity.

Under the agreement, Schneider Electric will support the NextGen FDI mission in two core ways: firstly, to offer
go-to-market strategies and incubation for companies onboarded to the programme, including potential
collaborations with Schneider Electric’s own projects, and secondly to introduce existing start-ups from the
Schneider Electric global portfolio to the initiative.

Launched in 2022, the NextGen FDI initiative is a key pillar of the UAE’s drive to diversify its economy and
position itself as a global hub for innovation.

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