Page 620 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025 (International)

3/19/25, 1:57 PM Future100 initiative discusses fostering innovation in tech and sustainable ventures and enhancing UAE's entrepreneurial ecosyste…
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.

Read the full story here: https://www.24-7pressrelease.com/press-release/520159/future100-initiative-discusses-
fostering-innovation-in-tech-and-sustainable-ventures-and-enhancing-uaes-entrepreneurial-ecosystem

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