Page 71 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025
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Future100 initiative signs six new partnership agreements to drive
                          startup growth in the UAE’s new economy sectors




                 H.E. Alia Al Mazrouei: The UAE is committed to pioneering initiatives that
                               foster a competitive environment for entrepreneurs.




                  •  New partners include leading investment and academic institutions and business
                       accelerators: Mohamed bin Zayed University of Artificial Intelligence, DIFC
                    Innovation Hub, Ernst & Young UAE, MEVP, Oraseya Capital, and in5 Incubator.

                 •  New partnerships align with the initiative’s objectives to enhance future readiness
                          and reinforce the UAE’s position as a hub for new economy companies.



               Abu Dhabi, February 27, 2025

               The Future100 initiative announced the signing of six new partnership agreements with key
               economic and academic institutions, business accelerators, and investment firms. The MoUs
               are aimed at driving startup growth in new and sustainable economy sectors, enhancing the
               UAE’s entrepreneurial ecosystem, and providing innovative solutions for scaling up startups.
               The initiative’s new partners are Mohamed bin Zayed University of Artificial Intelligence,
               Oraseya  Capital  -  the investment arm of the Dubai Integrated Economic Zones Authority,
               Dubai International Financial Centre (DIFC) Innovation Hub, Ernst & Young UAE, Middle
               East Venture Partners (MEVP), and in5 Incubator.

               The signing ceremony was attended by H.E. Alia bint Abdulla Al Mazrouei, Minister of State
               for Entrepreneurship, while H.E. Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of
               Economy, signed the MoUs on behalf of the initiative. The signatories representing the new
               partners were Professor Eric Xing, President of Mohamed bin Zayed University of Artificial
               Intelligence; Mohammed Alblooshi, CEO of DIFC Innovation Hub; Majed Al Suwaidi, Senior
               Vice President of TECOM Group – Dubai Media City on behalf of in5; Anthony O’Sullivan,
               Managing Partner of Ernst & Young UAE; Walid Mansour, Co-Founder and Managing Partner
               of MEVP; and Hassan Waheed Al Farsi, Board Member of Oraseya Capital.

               H.E. Alia Al Mazrouei emphasized the UAE’s commitment to fostering entrepreneurship and
               innovation, stating: "The UAE has been proactive in launching pioneering initiatives that create
               a competitive environment for entrepreneurs, enabling them to attract investments, promote
               their products and services, and secure necessary funding. This also contributes to nurturing an
               entrepreneurial culture in our society." She noted that the Future100 initiative is one of the
               UAE’s most significant programs aimed at accelerating growth in emerging economic sectors
               and enhancing opportunities for startups to expand globally. The initiative annually recognizes
               top 100 startups that are contributing to the competitiveness of the UAE’s future economy.

               H.E. Al Mazrouei added: "The initiative’s partners play a vital role in providing technical and
               legal support, as  well as offering competitive financing solutions for the 100 companies
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