The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced that registrations are now open for the next Cohort of the IA program.
As part of the Accelerator Program, MBRIF will mentor aspiring innovators and entrepreneurs from priority sectors: technology, health, education, transportation, renewable energy, water and space. The program offers world-class guidance and coaching on implementing business strategies, routes to market, access to funding, enabling founders to elevate their capabilities, unlock value and accelerate scale.
Other benefits include networking opportunities with key players, potential investors, market experts and entrepreneurs for the cohort members.
The IA program provides high potential innovators from across the globe with fundamental non-financial support, to complete the ecosystem needs through the program’s unique member-centric design, customized services, unparalleled access to coaches and industry experts to enable making a tangiable positive impact towards the UAE’s economy.
Commenting on the opening of the registrations, Fatima Al Naqbi, Chief Innovation Officer at Ministry of Finance and MBRIF representative, said: “The maturing economy coupled with nationwide innovation initiatives is making the UAE an attractive place to launch or scale an innovative start-up and the IA program provides the perfect platform to help accelerate these innovations towards scale and success.
“With a huge amount of talent and innovation emerging in the UAE market and from abroad, we are extremely excited to witness the next generation of entrepreneurs coming through our next IA cohort.”
She added: “Since the inception of this program in 2018, the IA program has brought together 77 members from 18 different countries in diverse sectors of the economy and has placed emphasis on nurturing and growing local entrepreneurs to augment the domestic innovation base.”
