Mohammed Bin Rashid Innovation Fund (MBRIF) has selected 18 members to join the latest cohort of its Accelerator Program.

The MBRIF Innovation Accelerator program is a unique offering focused on innovation and collaboration that provides world-class services and coaching to member companies to accelerate their business, elevate capabilities, unlock value and achieve scale. The program, aligned with the National Innovation Strategy of the UAE, aims to enhance growth potential of innovative businesses shaping the future of the UAE’s economy.

Commenting on the announcement, Fatima Al Naqbi, Chief Innovation Officer at Ministry of Finance and MBRIF representative said: “The 6th cohort of the MBRIF IA program has attracted applications from around the world as innovators compete for access to our tailored solutions, expert mentorship, meaningful connections and financial facilitation.

“The selected members go through an incredibly stringent selection process where elements of innovation, leadership, UAE market potential and social impact on the UAE are judged upon by a committee of market experts. Our continued success in attracting top innovators from around the world and the outstanding achievements of our alumni is a testament to our impact on the innovation ecosystem in the UAE and our efforts in supporting the realization of the UAE’s National Innovation Strategy.”

The new cohort was selected from over 170 applications from 33 countries around the world and comprises innovators who have made significant developments across the key sectors identified by the UAE’s National Innovation Strategy including; Education, Health, Clean Energy, Technology, Space, Transportation and Water.

The selected businesses are from the UAE, UK, Canada, Tunisia, KSA, Lebanon and the USA at various levels of maturity from prototype to growth stages.