Page 538 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025 (International)

3/19/25, 1:27 PM Future100 initiative discusses fostering innovation in tech and sustainable ventures and enhancing UAE’s entrepreneurial ecosystem |
within the new economy. Additionally, the sessions highlighted the critical role of female entrepreneurs in generating tangible positive
impacts on society and the national economy.

Speaking at the opening session, H.E. Alia Al Mazrouei emphasized that the Future100 initiative has become a key enabler for the growth of
the UAE’s new economy. The initiative aims to accelerate the growth of high-potential SMEs in key future economy sectors and support
their expansion into regional and global markets.

She highlighted that thanks to the UAE’s visionary leadership, the country has successfully established a competitive legislative framework
that attracts entrepreneurs and startups worldwide, 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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