Mohammed bin Rashid allocates AED1bn for Future Accelerator

Programme to focus on identification and deployment of futuristic prototypes
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has directed relevant authorities to invest one billion dirhams on projects and companies taking part in Dubai Future Accelerators – the ambitious programme launched to advance research and development, and entrepreneurship in strategically important sectors in the UAE.

His Excellency Mohammed Al Gergawi, Vice Chairman of the Board of Trustees and Managing Director of Dubai Future Foundation, and Chairman of Dubai Holding, confirmed that the Dubai Future Accelerators initiative will be an important and strategic contribution to the regional investment market, as it attracts the world’s best start-ups in innovation-led sectors, provides appropriate opportunities for growth, and opens new markets.

The Dubai Future Accelerators are an intensive 12-week program hosted by the Dubai Future Foundation and the Government of Dubai. The program is designed to identify emergent technologies and businesses with the potential to address the world’s most pressing challenges and opportunities, and to support them in developing solutions and prototypes for rapid deployment across Dubai.

 

 

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