Dubai Future Foundation (DFF) organised an event bringing together startups with venture capital firms to explore opportunities for collaboration and growth in the technology and digital economy sector. This is part of DFF’s onging efforts to enhance Dubai’s position as a regional and global hub for tech innovators and investors.
This was part of the “10×10” initiative launched by DFF to provide a platform for promising startups to meet with investors, utilise potential investment opportunities, mobilise support for their projects, expand their business in the UAE and globally, and ultimately become unicorn companies based in Dubai.
The meeting, which was organised in partnership with VC MENA, hosted entrepreneurs from the UAE and the region who presented their innovative projects to venture capatalists and a select investment funds whose investment portfolios include more than 2400 companies around the world, with 300 from the Middle East, of which 90 are from the UAE.
HE Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME, said: “We are pleased to be part of this initiative that focuses on achieving sustainable development by supporting entrepreneurship and innovation to ensure strong, inclusive, sustainable and resilient economic growth. Dubai is a global center for entrepreneurship and a prominent destination for top talents.”