MBRIF and Dubai Silicon Oasis cooperate to support emerging technology startups

MBRIF and Dubai Silicon Oasis cooperate to support emerging technology startups

Dubai – Mohammed bin Rashid innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support nationwide innovation, has partnered with Dubai Silicon Oasis (DSO), the free zone technology park and member of Dubai Integrated Economic Zones Authority (DIEZ), to support emerging technology start-ups in the UAE through Dubai Technology Entrepreneur Campus (Dtec), the largest tech hub and co-working space in the MENA region.

Under the partnership, members of the MBRIF Innovation Accelerator programme will be granted discounted lease rates, license and processing fee waivers for the first year and access to all business activities in DSO, enabling them to engage with the largest network of SMEs and technology entrepreneurs from around the world in the region.

Commenting on the announcement, Fatima Al Naqbi, Chief Innovation Officer at Ministry of Finance and MBRIF representative, said: “A flourishing entrepreneurial ecosystem can only be achieved when we empower innovation by providing the ideal space, resources, and opportunities for growth. At MBRIF, our aim is to support innovative businesses to grow and make a positive economic and social impact on the communities in the UAE through strategic partnerships and collaborations with public and private entities. Since our members have continuously exceeded expectations