Page 504 - MOE ENGLISH PR REPORT - MARCH 2025

3/14/25, 2:38 PM Ministry of Economy's NextGen FDI programme, Schneider Electric partner to scale climate-tech start-ups in UAE
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

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