MBRIF opens applications for 8th cohort of its Innovation Accelerator programme

  • Date: 18-Dec-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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MBRIF opens applications for 8th cohort of its Innovation Accelerator programme

Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced the commencement of the application period for the eighth cohort of its renowned Innovation Accelerator (IA) programme. The registration window for companies to apply is now open, until mid-January, 2024.

In alignment with the National Innovation Strategy, the IA programme stands as a testament to MBRIF's commitment to fostering innovation and collaboration within the UAE. The programme is designed to offer world-class services and coaching to founders, accelerating their businesses, enhancing capabilities, and creating substantial value. MBRIF will extend its mentorship to visionaries and entrepreneurs across priority sectors including technology, health, education, transportation, renewable energy, water, and space.

Commenting on this announcement, Fatima Al Naqbi, Chief Innovation Officer at the Ministry of Finance and MBRIF representative, expressed, "As MBRIF launches Cohort 8, we renew our commitment to fostering a thriving entrepreneurial ecosystem.

"The IA programme stands as a testament to our dedication to providing tailored resources, expert mentorship, meaningful connections, and access to investors. By nurturing local talent and attracting global innovators, we aim not only to shape the future of the national economy but to position the UAE as