UAE introduces Future 100 initiative to help startups thrive

UAE introduces Future 100 initiative to help startups thrive


On Tuesday, December 6th, 2022, the Ministry of Economy launched the "Future 100" initiative, which will annually showcase the top 100 startups in the UAE that contribute to the country's readiness for the future in various sectors including space, renewable energy, and emerging technology. The launch event was attended by Abdulla bin Touq Al Marri, the Minister of Economy, Ohood bint Khalfan Al Roumi, the Minister of State for Government Development and the Future, and 30 CEOs representing local and international companies, startups, and entrepreneurs in the UAE.

The Future 100 program, launched by the Ministry of Economy in the UAE, aims to promote a new, futuristic economic model in line with global economic trends over the next 50 years. Further, in line with the idea, the idea is to encourage young entrepreneurs to establish innovative startups and eventually expand globally.

Annually, the top 100 future-ready companies will be recognized based on clear criteria, objectives, and aspects, and will also contribute to defining new parameters for the future economy, according to the Minister of Economy, Abdulla bin Touq.

The Ministry of Economy continues to support innovative projects that enhance the UAE's global leadership in competitiveness indicators such as innovation, entrepreneurship, and investment attractiveness, positioning the country as a hub for creativity and innovation and driving sustainable growth and job creation, particularly in sectors like space, renewable energy, fintech, and AI.

 In recent years, the UAE has launched several initiatives including the National Programme for Artificial Intelligence 2031, the Energy Strategy 2050, the Emirates Blockchain Strategy, the Green Growth Strategy, the Circular Economy Policy, and the Strategy for the Fourth Industrial Revolution to achieve its goals for a future economy.

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