Page 72 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025

selected in each cycle. We remain committed to forging more partnerships that will enhance
the UAE’s entrepreneurial ecosystem, equipping innovators with the necessary expertise to
develop groundbreaking projects that benefit society and drive economic and social progress
in the country."

The initiative’s partners reiterated the importance of collaboration between the public, private,
and academic sectors in creating an enabling environment for startups and business innovation.
Mohammed Alblooshi, CEO of DIFC Innovation Hub, stated: "As a leading hub for
innovation and entrepreneurship, DIFC is proud to collaborate with the Ministry of Economy
as an accelerator partner for the Future100 initiative. Our partnership aligns with the UAE’s
strategic vision for innovation and entrepreneurship and will empower the next generation of
innovators by providing them with the tools, resources, and expertise needed to drive positive
change and shape the future economy."

Majed Al Suwaidi, Senior Vice President of TECOM Group – Dubai Media City,
speaking on behalf of in5, emphasized the significance of the partnership in advancing the
UAE’s innovation agenda, stating: "Our strategic collaboration with the Ministry of Economy
is a key step in supporting the ‘We the UAE 2031’ vision and Dubai Economic Agenda D33.
By backing the Future100 initiative, we aim to empower future innovators, who are the
foundation of sustainable development. in5 remains committed to fostering innovation across
vital industries, reinforcing the UAE’s position as a global hub for startups and entrepreneurs."

Anthony O’Sullivan, Managing Partner of Ernst & Young UAE, commented: "We are
pleased to support the Future100 initiative to enhance opportunities and resources for local
startups. This collaboration between the government and private sector highlights the power of
joint efforts in identifying, supporting, and scaling innovative businesses that contribute to the
UAE’s economic diversification. The investments made today will help build a thriving and
sustainable business ecosystem for the future."

Walid Mansour, Co-Founder and CEO of MEVP, stated: "Our partnership with the
Ministry of Economy in this initiative underscores our commitment to investing in promising
and innovative startups. With our 15-year track record in identifying and supporting
transformative technology companies in the region, MEVP is uniquely positioned to support
the UAE’s innovation vision. We are excited to continue our journey in empowering the next
generation of entrepreneurs and contributing to the UAE’s future economic growth."

Hassan Waheed Al Farsi, Board Member of Oraseya Capital, noted: "As the investment
arm of the Dubai Integrated Economic Zones Authority, Oraseya Capital is proud to partner
with the Future100 initiative to empower the next generation of SMEs in the UAE. As one of
the most active investors in startups in 2024, the $1 million investment reinforces our
commitment to fostering innovation, supporting the growth of local technology firms, and
strengthening the future economy. We look forward to contributing to the success of these
companies through this initiative."

In addition to the six agreements, H.E. Alia Al Mazrouei witnessed the signing of two more
agreements involving startups recognized in this year’s Future100 list and international
research institutions.

The first agreement was signed between P4ML, a tech-driven healthcare company, and Sanford
Integrated Stem Cell Orbital Research (ISSCOR) Center at the University of California, San