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3/14/25, 2:38 PM Ministry Of Economy’s NextGen FDI Programme, Schneider Electric Partner To Scale Climate-tech Start-ups In UAE - UrduPoint
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.
Olivier Blum, Chief Executive Officer of Schneider Electric, stated, "Digitalisation
and electrification are reshaping economies worldwide, making energy efficiency
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