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3/17/25, 1:43 PM Ministry of Economy’s NextGen FDI programme, Schneider Electric partner to scale climate-tech start-ups in UAE - Eye of Riyadh

Ministry of Economy’s NextGen FDI programme, Schneider Electric partner to

scale climate-tech start-ups in UAE

The Ministry of Economy has announced that Schneider Electric has become a strategic partner in its NextGen FDI initiative,
which seeks to attract pioneering global companies to the UAE.

The partnership will be aimed at attracting, mentoring and scaling high-potential start-ups in the sustainability and climate-
tech sectors. It will also see Schneider Electric bring its portfolio companies to the UAE for networking and expansion
opportunities.

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.

According to Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, the partnership underscores the vitality
of start-ups in aligning the advancement of the UAE’s innovation ecosystem with its sustainability agenda and net-zero goals.

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