Page 629 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025 (International)
P. 629

3/19/25, 1:59 PM  Future100 initiative discusses fostering innovation in tech and sustainable ventures and enhancing UAE's entrepreneurial ecosyste…
        H.H. Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of

        the UAE, and Chairman of the Presidential Court.



        The initiative featured 15 sessions with 48 distinguished speakers including ministers,

        senior officials, and industry experts. Discussions revolved around key topics such as

        artificial intelligence, emerging technologies, tech-driven entrepreneurship, the future of
        SMEs, innovative investment strategies, the role of innovation and technology in financial

        models, and mechanisms to support SMEs in expanding 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



      https://business.punxsutawneyspirit.com/punxsutawneyspirit/article/247pressrelease-2025-3-1-future100-initiative-discusses-fostering-innovation-in-te…  2/3
   624   625   626   627   628   629   630   631   632   633   634