- Mohammed Bin Rashid Innovation Fund to Support Entrepreneurship in the UAE
- 10th Cohort of Innovation Accelerator Welcomes 20 Innovative Startups from Around the World
- Innovation Accelerator Program Aims to Develop Entrepreneurs’ Projects
The Mohammed Bin Rashid Innovation Fund (MBRIF), a national initiative launched by the Ministry of Finance to support the UAE’s innovation and entrepreneurship ecosystem, has announced the launch of the 10th cohort of its Innovation Accelerator Program, welcoming 20 innovative startups from around the world.
Program Details
Launched in 2018, the program aims to stimulate innovation across the UAE by empowering entrepreneurs to develop their projects and scale their businesses in strategic sectors aligned with the UAE’s National Innovation Strategy.
Participants in the program will benefit from a comprehensive package of support, including expert mentorship, specialized training, access to a broad network of investors and stakeholders, as well as advanced resources and services designed to accelerate their growth and help them achieve their expansion goals.
Supporting Innovation and a Knowledge-Based Economy
Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for Support Services Sector at the Ministry of Finance and the Ministry’s Representative at MBRIF, emphasized the Ministry’s commitment to fostering innovation and enabling ambitious entrepreneurs.
She said:
“We are pleased to welcome the 10th cohort to the Innovation Accelerator and reaffirm the Ministry of Finance’s commitment to equipping ambitious startups with the tools and resources they need to grow and actively contribute to the UAE’s innovation-driven economy. The selection process for this cohort was rigorous, ensuring that the chosen companies meet the highest standards and align with our strategic priorities.”
She added:
“The Innovation Accelerator is not merely a support platform but a catalyst for transformation. By placing the right tools and expertise in the hands of innovators and surrounding them with an integrated support system, we empower them to realize their full potential and expand their positive impact.”
List of Participating Companies
The 10th cohort includes a diverse range of startups offering innovative solutions across multiple sectors, including:
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Timber Exchange: A digital supply chain platform for the timber industry.
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Soshianest: AI-powered logistics solutions for maritime operations.
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Tapy: A smart health monitoring device for children of determination and the elderly.
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WonderTree: An augmented reality-based educational and therapeutic platform for children of determination.
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Hlthera: An AI-supported social healthcare ecosystem.
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Ketrone: Autonomous AI agents for legal teams.
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Gestify: A platform that turns video content into gesture-based interactive experiences.
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iWarranty: An intelligent system for managing warranties and claims.
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Pixonal: Data-driven insights and analytics solutions.
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Jadwelny: An integrated travel planning platform.
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Rudiq: A platform for asset tokenization and lending tools.
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Corpowid: A tool to improve website accessibility for people of determination.
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eecrow: A smart escrow and contract platform for secure payments.
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Revent: Pre-owned IT devices powered by AI.
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Openfarming: An AI-first platform for food supply chain management.
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i-ESG: AI and big data solutions for ESG compliance.
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Plantaform: An automated, soil-free indoor garden.
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Enrichly: A platform focused on self-esteem and emotional well-being.
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Infinite Minds: A digital skills training platform for people of determination.
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Jusoor Labs: 3D simulations and virtual STEM labs for education.
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