MoF launches next phase of Mohammed bin Rashid Innovation Fund

MoF launches next phase of Mohammed bin Rashid Innovation Fund

DUBAI- As part of its commitment to boost the initiatives it runs in alignment with the strategic directives of the UAE government, the Ministry of Finance, MoF, announced today the launch of the next phase of the Mohammed Bin Rashid Innovation Fund, which manages and operates the fund and its programmes under one national umbrella.The next phase will create an integrated work environment that supports innovation and will integrate all the services the fund provides in a way that benefits its innovative members. During this phase, the Emirates Development Bank, EDB, will operate the two programmes of the MBRIF, namely the Innovation Accelerator programme and the Guarantee Scheme.Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance, noted the importance of this launch, as it activates the fund's role in