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HE Alia Al Mazrouei visits Khalifa Innovation

Centre, in5 Business Incubator and Masdar Free

Zone

By: Abu Dhabi SME Hub

News

Aug 28, 2024

To support the development of UAE’s entrepreneurship system and create new opportunities for
entrepreneurs.

Her Excellency Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, visited
three pivotal innovation and entrepreneurship hubs - including the Khalifa Innovation Center of
Khalifa University of Science and Technology, the ‘in5’ business incubator of TECOM Group,
and the Masdar City Free Zone - to explore and discuss mechanisms to enhance cooperation
during the next phase.

The visit focused on advancing the UAE’s entrepreneurship system, accelerating technological
innovation, creating new opportunities for Emirati entrepreneurs, and encouraging SME owners
to expand into new economic sectors that contribute to the diversification and sustainability of
the national economy.

HE Prof. Ebrahim Al Hajri, President of Khalifa University of Science and Technology, at the
Khalifa Innovation Center, Abdulla Khalifa Belhoul, CEO of TECOM Group, at the in5 business
incubator, and Ahmed Baghoum, CEO of Masdar City, in the Masdar Free Zone, received H.E.
Alia Al Mazrouei. Her Excellency was briefed about the programs, initiatives and incentives
offered by their respective entities to empower entrepreneurs and SME owners to grow and
thrive. These efforts are aimed at motivating entrepreneurs to establish and expand pioneering
projects across various economic sectors.

HE Alia Al Mazrouei highlighted the UAE's commitment, under the directives of its wise
leadership, to developing the entrepreneurship and innovation sectors according to the best
global practices. These two sectors are critical drivers of economic diversification and the
nation's transition towards a knowledge-based economy, in line with the objectives of the “We
the UAE 2031” vision.

H.E. said: “We are committed to strengthening our collaboration with business incubators and
SME support funds across the country, recognising their crucial role in bolstering the
competitiveness of the UAE’s entrepreneurial ecosystem. Our goal is to offer a wide array of
financing opportunities and essential resources to entrepreneurs and SME owners, empowering
them with services such as funding and technical support for their innovative projects. This effort

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