Page 195 - Ministry of Economy - December 2017

12/26/2017 UAE Ministry of Economy and Abu Dhabi Department of Economic Development announcing the launch of TIP platform in partnership with pu…
in these fields, through the Takamul program, led by the Department of Economic
Development – Abu Dhabi.”

Adding that “TIP will create an engine to drive the UAE economy in the fields of technology
and innovation, by providing a platform to link all innovators, pioneers, vital sectors and

related services that will foster and drive an innovative value-added ecosystem and
community. Through the Takamul program, two hundred and thirty-four innovation patents

have been registered till date, in cooperation with the Ministry of Economy and other
partners.

Concluding his statement, His Excellency Khalifa bin Salem Al Mansouri noted that “We
are currently in the progress of finalizing an awards system around this focusing on

innovation and technology, to act as an accelerator to certain key initiatives, and will further
motive and encourage innovation pioneers and inventors to create and innovate on key

matters that will support economic development in the UAE, enhance productivity and
reduce costs through innovation, and increase the UAE’s contribution to the Global

Innovation Index.”

The agreement between the Ministry of Economy and the Department of Economic

Development – Abu Dhabi, will see both parties work closely together to achieve outlined
objectives and build a dedicated platform for technology innovation pioneers, which will

include specialized sub-platforms , such as a platform to fund emerging projects, another
to highlight challenges and constraints facing economic sectors and government

organisations in the field of innovation and technology; in addition to a platform to attract

inventors and emerging companies both locally and internationally, as well as the TIP
awards program and award ceremony, and other related aspects that will expand in time
where jointly agreed on.

With the objective of creating an innovators ecosystem, The TIP platform will provide
services to support a technology and innovation-centric environment and community,

clustering and linking innovators, manufactories, universities and other related

organisations to enable this ecosystem.

The agreement specifies that the Department of Economic Development – Abu Dhabi will
be in charge of regulating and managing TIP and its services including the award, as well

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