Page 640 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025 (International)

3/19/25, 2:00 PM Future100 initiative discusses fostering innovation in tech and sustainable ventures and enhancing UAE's entrepreneurial ecosyste…
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

Press Release Distributed by 24-7Pressrelease.com

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