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1/16/25, 1:30 PM Ministry of Economy launches ‘Patent Hive’ initiative to support inventors - Middle East News 247
offered several supportive enablers and facilities to foster innovation, research, and development-based
initiatives.

H.E. Al Saleh said, “The Patent Hive initiative is a major step in the Ministry of Economy’s efforts to promote
a conducive environment for creativity and innovation. Designed to attract individuals with groundbreaking

ideas and projects across key economic sectors, the initiative aligns perfectly with the goals of the‘We the
UAE 2031’ Vision, which aims to position the UAE as a leading global hub for the new economy. Additionally,
the initiative seeks to solidify UAE’s position among the top 15 countries on the Global Innovation Index

(GII).”

This latest initiative comes as part of the IP ecosystem, launched by the Ministry at the beginning of last year,

in partnership with public and private sectors. This ecosystem represents a crucial milestone in UAE’s
transition towards a knowledge-driven, innovation-based economy.

The Patent Hive initiative encompasses a range of strategies designed to create a comprehensive
ecosystem that streamlines the process of patent registration. The main objective of this endeavor is to

reduce the time needed for patent registration from 42 months to only 6 months. The initiative seeks to
increase the number of registered patents from 4,481 to 6,000 by 2026, reinforcing the UAE’s position as a
global hub for innovation.

To encourage innovation among students and young scholars, the initiative provides a range of incentives,
including reduced registration fees for students and a zero-cost policy for young people under the age of 21.

These measures aim to foster collaboration and integration among the UAE’s scientific research sectors,
universities, and small to medium-sized enterprises (SMEs).

Additionally, the initiative includes specialised training programs and technical consultations provided by the
Ministry in collaboration with the World Intellectual Property Organization (WIPO). These efforts are focused

on building capacities of the local workforce and raising awareness about the significance of IP. The initiative
also aims to create a manual that will facilitate the coordination and joint operations between the Ministry and

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