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'Future 100' Initiative Unveils Top 100 Start-ups of 2024
'Future 100' Initiative Unveils Top 100 Start-ups of 2024

Hi Dubai

time27-02-2025

  • Business
  • Hi Dubai

'Future 100' Initiative Unveils Top 100 Start-ups of 2024

The Future 100 initiative, a collaboration between the Ministry of Economy and the Office of Government Development and the Future, has unveiled the top 100 start-ups of 2024. The selected enterprises have excelled in enhancing the competitiveness of future economy sectors in the UAE after undergoing a rigorous evaluation process. The announcement took place at the fourth edition of Investopia 2025 in Abu Dhabi, attended by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia; Alia bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship; and Ohood bint Khalfan Al Roumi, Minister of State for Government Development and the Future. Abdullah bin Touq Al Marri highlighted the UAE's strides in transitioning to new economic sectors and reaffirmed Investopia's commitment to supporting innovative start-ups leveraging modern technology. He emphasized the initiative's role in positioning the UAE as a hub for creativity and innovation. Alia Al Mazrouei noted the initiative's 11% rise in applications from 2023, with most submissions focused on financial technology, sustainability, and creative industries. She underscored the importance of the initiative in fostering entrepreneurship and facilitating connections with global investors. Ohood Al Roumi reiterated the UAE's integrated approach to shaping the future through proactive innovation and sector flexibility. She highlighted the initiative's alignment with the 'We the Emirates 2031' vision, aiming to develop a knowledge-based economy. The 2025 edition of the Future100 companies initiative continues to strengthen its partnerships with government entities, innovation funds, technology companies, financial and banking institutions, business accelerators and incubators, and venture capital funds, as the number of partners of the initiative reached 38 partners, most notably the strategic partner, the National Fund for Social Responsibility Majra, and the partners of the business accelerator Department of Economic Development in Abu Dhabi, the Dubai Future District Fund, Emirates NBD, the Mohammed bin Rashid Innovation Fund, Investopia, Microsoft, MEVP, Careem, EY, Eurasia Capital, In5, Mohamed bin Zayed University of Artificial Intelligence, FTI Consulting, and the Dubai International Financial Center Innovation Hub. These collaborations provide start-ups with unprecedented incentives, financing opportunities, and access to new markets, accelerating digital transformation and innovation. News Source: Emirates News Agency

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