Page 143 - Ministry of Economy - December2017

12/26/2017 Ministry of Economy and Abu Dhabi Department of Economic Development Announcing the launch of TIP platform | MENAFN.COM
considered key drivers to achieving advanced economic development and social

.progress for a nation

Commenting at the launch, His Excellency Khalifa Bin Salem Al-Mansouri, the

undersecretary of The Department of Economic Development Abu Dhabi said

that 'This strategic partnership with the Ministry of Economy, signifies our joint

commitment towards developing and fostering a greater technological and

.Innovation community in the UAE, that will nurture the local economy

Further adding that 'The UAE, and The Government of Abu Dhabi place great

emphasis on the important role that technology and innovation play in supporting

the local economy, and are focused on encouraging and enabling entrepreneurs,

innovators and start-up firms 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

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