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3/14/25, 2:37 PM Ministry of Economy’s NextGen FDI programme, Schneider Electric partner to scale climate-tech start-ups in UAE – UAE Business …

Ministry of Economy’s NextGen FDI

programme, Schneider Electric partner to

scale climate-tech start-ups in UAE

BY CONTENT ADMIN

ABU DHABI, 3rd March, 2025 (WAM) — 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.

Al Zeyoudi stated, “The partnership with Schneider Electric is a strategic step towards empowering climate-tech
start-ups with the necessary tools and expertise to scale and grow, expanding the deployment of cutting-edge
technologies that reduce emissions, material waste and time in the UAE and the broader region. The UAE’s
commitment to pioneering climate-tech solutions, from smart grids to energy-efficient infrastructure, will be
further strengthened by this collaboration and we look forward to the tangible and long-term impact it will have
on our sustainability goals.”

Schneider Electric, which has long-term commercial partnerships with more than 35 active companies covering
energy management, sustainability, and industrial automation sees the UAE as a critical market for driving
sustainable growth and innovation.

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