Masdar City and MBRIF cement partnership to support sustainability-focused start-ups in the UAE

Masdar City and MBRIF cement partnership to support sustainability-focused start-ups in the UAE

- Start-ups selected based on credentials in addressing some of the most pressing sustainability challenges

- MBRIF and Masdar City partnership aims to inspire innovation through research and collaboration in support of the UAE’s National Innovation Strategy

Abu Dhabi, United Arab Emirates: The Mohammed Bin Rashid Innovation Fund [MBRIF], an initiative launched by the UAE Ministry of Finance to support nationwide innovation, and Masdar City, Abu Dhabi’s only planned and approved R&D cluster, have announced the award of complimentary business licenses from Masdar City Free Zone to five start-ups in the MBRIF Accelerator program.

Selected based on their sustainability credentials, the chosen start-ups, Biosolvit, Wahaj Solar, Alesca Life, ECOLOO and Desolenator, will join Masdar City’s growing network of sustainability-focused companies, developing innovative solutions in the key climate action areas of energy storage, agri-tech, health-tech, mobility, clean energy, AI, water, and space.

Commenting on the partnership, a statement shared by the Ministry of Finance said, “We are delighted that five MBRIF members have been selected to become part of Masdar City Free Zone. This will further enable their contribution to the UAE’s developing innovation ecosystem. With this partnership, MBRIF highlights its position as a unique government-backed initiative that aims to support innovative businesses to grow