To implement the Future100 initiative, 25 strategic partnerships will be established in the UAE. Their work will be aimed at supporting 100 companies and startups that contribute to the competitiveness of various sectors of the Emirate’s future economy. The first partnership agreements will be announced on December 2nd, 2023, which also corresponds to UAE National Day and World Future Day.
Future100 is a joint initiative between the UAE Ministry of Economy and the UAE Minister of Government Development and the Future. It aims to support small- and medium-sized businesses that contribute to the innovative sectors of the UAE economy. Some of these sectors include robotics, blockchain, space, and biotechnology.
According to the UAE Minister of Economy, Abdullah bin Touq Al Marri, the strategic partnerships that will be established will help startups to grow, open up opportunities to invest in Future100 companies, and aid in the acceleration of innovation and digital transformation. These measures will further cement the UAE’s status as the global centre for the new world economy.
Some of the expected partnerships include the following organisations: National CSR Fund (Majra), the Abu Dhabi Department of Economic Development, Microsoft, Careem, Dubai Future District Fund, Dubai Technology Entrepreneur Campus, Ajman Chamber, Ras Al Khaimah Economic Zone (RAKEZ), Sharjah Entrepreneurship Center (Sheraa), Abu Dhabi Business Platform, Emirates NBD, and Mashreq Bank.