Page 207 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

Future100 initiative discusses enhancing UAE’s entrepreneurial ecosystem

ةردابم© Provided by Emirates News Agency (WAM)
ABU DHABI, 27th February 2025 (WAM) -- The Future100 initiative reaffirmed its
commitment to accelerating the growth of SMEs in future economy sectors in the UAE,
fostering a comprehensive investment ecosystem aligned with technological advancements,
and enhancing economic growth opportunities.

The opening session featured Alia Al Mazrouei and Sarah Shaw, Executive Director of the
National CSR Fund (Majra), who highlighted the initiative’s role in empowering enterprises in
future economy sectors. They explored strategies for supporting entrepreneurship and
ensuring sustainability while reinforcing the UAE’s status as a global business hub.

Alia Al Mazrouei emphasised that Future100 has become a key enabler for SME growth in
the UAE’s new economy, helping them expand into regional and global markets. She noted
that the UAE’s leadership has established a competitive legislative framework that attracts
entrepreneurs and startups worldwide, providing essential initiatives for their success.

SMEs currently account for 94 percent of all businesses in the UAE, with 25,000 founded by
Emirati youth in 2024 alone. The country is home to over 50 government and private
business incubators and accelerators, contributing to its recognition as the top global
destination for business and economic activities in 2024, according to the Global
Entrepreneurship Monitor (GEM). The UAE also ranked first globally in the GEM
Entrepreneurship Index for 2023-2024 for the third consecutive year, excelling in key
indicators such as financing, market accessibility, and government support.

https://www.msn.com/en-ae/news/other/future100-initiative-discusses-enhancing-uae-s-
entrepreneurial-ecosystem/ar-AA1zVUnb?ocid=BingNewsSerp