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3/19/25, 2:09 PM Future100 initiative discusses fostering innovation in tech and sustainable ventures and enhancing UAE's entrepreneurial ecosyste…
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 the country's competitiveness and increase the success rate of
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