Page 513 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025 (International)

3/19/25, 1:22 PM Future100 initiative discusses fostering innovation in tech and - METRO - NEWS CHANNEL NEBRASKA
providing the necessary initiatives and enablers for their success. SMEs currently account for 94%

of all businesses in the UAE, with 25,000 SMEs founded by Emirati youth in 2024 alone. The UAE

is home to over 50 government and private business incubators and accelerators, contributing to its
recognition as the best 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.

H.E. Al Mazrouei underscored that developing national entrepreneurship is a strategic priority for

the UAE. It forms a core pillar of the country's economic agenda, led by the Ministry of Economy,

in collaboration with federal and local government entities, the private sector, and academic and

research institutions.

She outlined the UAE's new entrepreneurship ecosystem initiatives, designed to enhance the
country's competitiveness and increase the success rate of entrepreneurs from 30% to 50% by the

next decade. Notable initiatives include Riyada Fund, which allocates AED 300 million to support

entrepreneurial ventures and the UAE Entrepreneurship Council, which aims to unify national

efforts to accelerate SME growth and strengthen collaboration between key stakeholders. In this

context, she encouraged entrepreneurs and startups to leverage these enablers and incentives, along

with the Future100 initiative.

The Future100 session concluded by highlighting inspiring investment stories from companies in

the Future100 initiative, where entrepreneurs reviewed their investment journeys and the strategies

that enabled them to obtain funding and accelerate their growth. The stories presented emphasized

that investment opens new horizons for success and paves the way for achieving distinguished
achievements in an advanced economic environment.

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