Dubai, UAE — Future100, a collaborative initiative between the Ministry of Economy and the Government Development and the Future Office, has forged 25 strategic partnerships, which are aimed at supporting the top 100 emerging companies that play a vital role in bolstering the competitiveness of the UAE’s future economy sectors.
The signing of these partnership agreements was attended by Abdullah bin Touq Al Marri, Minister of Economy, Ohood bint Khalfan Al Roumi, Minister of State for Government Development and the Future, and Hessa bint Essa Buhumaid Director-General of Community Development Authority and Board Member of National CSR Fund (Majra).
The signing was also attended by Abdullah Al Saleh, Undersecretary of the Ministry of Economy, and Rashed Abdulkarim Al Blooshi Undersecretary of the Abu Dhabi Department of Economic Development.
The inaugural list of Future100 will be unveiled on World Futures Day, which coincides with December 2nd, the UAE’s National Day.
WAM reported that these newly established partnerships are poised to achieve the initiative’s objectives, including enhancing readiness for the future, solidifying the UAE’s status as a hub for new economy companies, creating a conducive environment for the growth and prosperity of these enterprises, and expanding opportunities for their local and global development.
The partnerships bring with them a host of incentives and resources. These include the possibility of investing in companies that make it to the Future100 list, support for accelerating innovation and digital transformation, technical and legal assistance, competitive financing solutions, and workshops on intellectual property rights and trademark protection.
Additionally, Microsoft for Startup Founders Hub will offer cutting-edge artificial intelligence services and expert guidance to foster innovation and sustainable growth among start-ups.
Bin Touq said the initiative aims to establish a more dynamic and attractive economy that stands out at the regional and global levels. It will drive the number of companies operating in the UAE, supporting the achievement of the national economic goals aimed at doubling the UAE’s GDP to reach AED 3 trillion by 2031.