168极速赛车开奖,168极速赛车一分钟直播 MBRIF Archives - My Startup World - Everything About the World of Startups! https://mystartupworld.com/tag/mbrif/ Fri, 31 Jan 2025 02:59:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 168极速赛车开奖,168极速赛车一分钟直播 MBRIF welcomes new cohort of innovators https://mystartupworld.com/mbrif-welcomes-new-cohort-of-innovators/ Thu, 30 Jan 2025 05:12:41 +0000 https://mystartupworld.com/?p=41243 Mohammed Bin Rashid Innovation Fund (MBRIF), the UAE Ministry of Finance’s initiative supporting innovation in the UAE, has announced the selection of innovators for Cohort 9 of its Innovation Accelerator program. The MBRIF Innovation Accelerator – established in 2018 – is a program designed to serve as a driving force for innovation in the UAE. […]

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Mohammed Bin Rashid Innovation Fund (MBRIF), the UAE Ministry of Finance’s initiative supporting innovation in the UAE, has announced the selection of innovators for Cohort 9 of its Innovation Accelerator program.

The MBRIF Innovation Accelerator – established in 2018 – is a program designed to serve as a driving force for innovation in the UAE. Aligning with the key sectors outlined in the UAE’s National Innovation Strategy, the Accelerator empowers innovators to maximize their potential and make a meaningful impact on their industries.

Entities selected to join the MBRIF Innovation Accelerator will benefit from a comprehensive support program – including cutting-edge resources, expert coaching, mentorship, and access to investment opportunities and valuable networks – that will help them enhance their capabilities, enable scalability, and achieve their growth ambitions.

Since its launch, the Accelerator has played a pivotal role in advancing a diverse array of innovative start-ups from a range of countries across the globe, empowering them to demonstrate their potential as disruptors and catalysts for economic progress.

Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for Support Services Sector at the UAE Ministry of Finance, and the Ministry’s representative at the MBRIF, said of the latest selection: “We were immensely proud that once again, our Innovator Accelerator attracted interest from such an exceptionally innovative pool of applicants, each showcasing remarkable potential to create impact within their industries and on the wider economy. The strong global interest in our program reaffirms its role as a catalyst for innovation, enabling visionary startups to thrive and scale. This underscores our dedication to fostering a culture of innovation and supporting the UAE’s journey toward achieving the ambitious goals outlined in its National Innovation Strategy.”

Eligibility for selection to join the MBRIF Innovation Accelerator is based on a number of stringent, carefully identified criteria, with innovators undergoing thorough assessment before final decisions are made.

Cohort 9 comprises 19 start-ups representing 9 countries and a wide range of diverse sectors. Developmental stages of the companies range from prototype to growth and scale-up, highlighting the breadth of support available via the program.

Start-ups joining Cohort 9 of the Innovator Accelerator are:

  • BIRD Collaborative: Premium Sustainable Disposables
  • The Waste Lab: Comprehensive solution for sustainable food waste management
  • Seramic Materials: Pioneering in Recycled Ceramics
  • Metguard: A Revolution in Corrosion Prevention
  • Rebound: Enabling Materials Circulatory
  • NXW: Leading a new Nutrition Category
  • AC3D: Patented 3D Printing Construction Automation Technology
  • Aura: Innovative Credit Solutions to SMEs
  • Smart Eye: Innovative solutions for efficient energy and water management
  • Marses: End to End Robotics Solutions
  • Darbco: Robotic Solar Panel Cleaning Solution
  • Mantas: Tailored Cloud-Downtime Insurance Platform
  • Smart Bricks: AI Driven Real Estate Marketplace
  • Procure Hub: Remodelling the Procurement of Construction
  • SURGiA: The Medical Supplies Hub
  • NeuroBLAST: Portable rehabilitation solution that uses interactive video games to help treat neurodegenerative disorders
  • Space.TYAR: Leveraging generative AI for unified knowledge and learning creation
  • Peekapak: An Integrated Approach to Well-Being Education
  • Krucial: Capturing Data at Anytime and from Anywhere

With eight successful cohorts to date, the Innovation Accelerator remains a solid cornerstone of the UAE’s innovation ecosystem, reflecting MBRIF’s dedication to helping drive the growth of disruptive enterprises and contributing to the country’s economic diversification and solidifying its position as a global hub for innovation.

For more information about Mohammed Bin Rashid Innovation Fund, please visit https://mbrif.ae.

 

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168极速赛车开奖,168极速赛车一分钟直播 MBRIF partners with Wio Bank https://mystartupworld.com/mbrif-partners-with-wio-bank/ Tue, 26 Nov 2024 11:21:06 +0000 https://mystartupworld.com/?p=40314 The Mohammed Bin Rashid Innovation Fund (MBRIF) has partnered with Wio Bank to provide MBRIF members with exclusive benefits through Wio Bank’s tailored digital banking solutions. MBRIF members will benefit from a comprehensive Business Bundle as part of the collaboration. This includes streamlined onboarding, a six-month free subscription to Wio Business, and quarterly networking sessions […]

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The Mohammed Bin Rashid Innovation Fund (MBRIF) has partnered with Wio Bank to provide MBRIF members with exclusive benefits through Wio Bank’s tailored digital banking solutions.

MBRIF members will benefit from a comprehensive Business Bundle as part of the collaboration. This includes streamlined onboarding, a six-month free subscription to Wio Business, and quarterly networking sessions to explore innovative banking solutions. Wio Business, the bank’s flagship digital banking application, offers features tailored to businesses of all sizes, enabling them to manage their finances more efficiently. The suite of lending solutions available to MBRIF members will provide the financial support they need to establish themselves in the market and scale up. This suite comprises supply chain finance solutions, channel finance and receivables financing solutions, a revolving overdraft facility with flexible drawdown options, and a unique credit card tailored towards SMEs with several value-adding features.

Members can also access a workshop focusing on banking solutions for start-ups and SMEs.

Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for Support Services Sector, Chief Innovation Officer at the UAE Ministry of Finance, and the Ministry’s representative at the MBRIF, said: “This MoU with Wio Bank underlines with MBRIFs commitment to innovation and digital transformation. Empowering our members to succeed and achieve their growth ambitions is one of our key priorities, and such collaborations provide practical solutions to help them scale their enterprises efficiently and seamlessly. This aligns with MBRIF’s vision to support the UAE’s accelerating innovation ecosystem, enabling innovators to excel and achieve their growth potential both in the country and internationally, through tailored services and connections that meet their needs.”

Prateek Vahie, Chief Commercial Officer at Wio Bank PJSC, said: “This partnership reflects Wio Bank’s mission to empower SMEs and start-ups with next-generation banking solutions that drive growth and innovation. By partnering with MBRIF, we’re bringing financial tools and resources to a community that is shaping the UAE’s future economy. Our goal is to simplify and support the entrepreneurial journey, enabling innovators to focus on building impactful ventures while contributing to the UAE’s thriving entrepreneurial ecosystem.”

 

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168极速赛车开奖,168极速赛车一分钟直播 MBRIF successfully concludes its participation at Expand North Star 2024 https://mystartupworld.com/mbrif-successfully-concludes-its-participation-at-expand-north-star-2024/ Tue, 22 Oct 2024 11:05:05 +0000 http://mystartupworld.com/?p=39713 The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support innovation in the UAE, has concluded its participation at the Expand North Star 2024 forum in partnership with the European Bank for Reconstruction and Development (EBRD). MBRIF, in collaboration with EBRD hosted a comprehensive schedule of activities at […]

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The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support innovation in the UAE, has concluded its participation at the Expand North Star 2024 forum in partnership with the European Bank for Reconstruction and Development (EBRD).

MBRIF, in collaboration with EBRD hosted a comprehensive schedule of activities at the event to enable attendees to connect with both entities, explore their programs and gain knowledge and information on a variety of topics. The activities also offered the opportunity to meet some of the region’s most talented innovators and take part in a series of insightful sessions related to innovation and entrepreneurship.

Fatima Al Naqbi, Chief Innovation Officer at the Ministry of Finance and MBRIF representative, said: “Expand North Star is a unique platform in the region, shaping the future of the digital economy by championing entrepreneurship in the UAE and advancing discussions on the evolution of the innovation landscape. We are always keen to support events and initiatives that contribute to strengthening the UAE’s position as a global center of excellence in innovation, and to engage with our industry peers from the UAE, the region and beyond in our common vision of leveraging technology to propel economic development and expansion.”

The event program put together by MBRIF and EBRD featured panel discussions with industry experts on the opportunities available to innovative start-ups in sectors such as health, tech and space, as well as on expansion into the UAE market and exploration of the collaborative innovation ecosystem in the UAE. Other topics included empowering women in entrepreneurship and future sustainability trends. Alongside the panel discussions, MBRIF and EBRD held info sessions on alternative funding sources and legal considerations for start-ups in the UAE, as well as an introduction to EBRD’s Star Venture program.

MBRIF offers innovators support through its two flagship programs; the MBRIF Innovation Accelerator and the Guarantee Scheme. Whilst EBRD’s Star Venture program targets promising start-ups through accelerators and consultants to help them achieve their full potential.

Zsuzsanna Hargitai, Managing Director, SME Finance & Development at the EBRD, said: “At the EBRD, we are committed to fostering innovation and entrepreneurship that drives sustainable economic growth. Our Star Venture programme plays a pivotal role in empowering high-potential startups with tailored support, mentorship, and market access to help them scale and transform industries. The collaboration with the MBRIF at Expand North Star 2024 further amplifies our shared vision of fostering dynamic innovation ecosystems. It inspires Star Venture companies to seize new opportunities, and I’m thrilled to see that over 35 of our startups are present this week to explore the UAE’s vibrant entrepreneurial landscape.”

Under the pavilion of the MBRIF at Expand North Star, an impressive lineup of innovative companies showcased their cutting-edge solutions across various industries. These included Hoopla, an app for mental wellness; CrossVal, a fintech system for GCC companies; Reme-D, a medical technology innovator; BigDot, an AI-driven business optimization platform; Duverse, a smart city and urban tech provider; Nadeera Technologies LTD and Oxytech.io, both leaders in environmental technology; Sulmi, an AI-powered business solutions platform; jalebi.io, a business automation tool; and Verofax, offering blockchain-based supply chain solutions. Together, they represented the forefront of innovation, contributing to the UAE’s rapidly evolving digital economy.

Moreover, more than 35 innovative companies from EBRD’s Star Venture programme showcased their solutions, including Investbanq (Kazakhstan), which expanded into the UAE in 2024, securing its first client by offering AI-driven WealthTech solutions for asset managers and banks. Similarly, BANTgo (Estonia), operating within the UAE’s ecosystem, launched its waste management platform in 2024 with pilot projects supported by local partners like Cartlow and Verofax, furthering its impact in responsible waste management using AI and blockchain.

 

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168极速赛车开奖,168极速赛车一分钟直播 MBRIF opens applications for latest cohort https://mystartupworld.com/mbrif-opens-applications-for-latest-cohort/ Thu, 04 Jul 2024 09:24:36 +0000 http://mystartupworld.com/?p=38113 The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced the opening of the application window for the 9th cohort of its celebrated Innovation Accelerator. Innovators selected to join the latest cohort of the program can look forward to a comprehensive […]

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The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced the opening of the application window for the 9th cohort of its celebrated Innovation Accelerator.

Innovators selected to join the latest cohort of the program can look forward to a comprehensive support package including state-of-the-art resources and expert coaching and mentorship, with the aim of increasing their capabilities, scaling up their businesses and accelerating growth. Beyond support, the program also provides cohort members access to potential investment and a host of valuable connections, including established entrepreneurs across the region, opening doors to networking and offering the opportunity to form strategic alliances.

Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for Support Services Sector, Chief Innovation Officer at the UAE Ministry of Finance, and the Ministry’s representative at the Mohammed Bin Rashid Innovation Fund, said of the latest cohort application opening: “The consistent influx of hundreds of applications from across the globe is a source of great pride, highlighting the intense interest in our initiative and the many benefits it offers both entrepreneurs and our innovation ecosystem. Once again, we are excited to explore ideas and innovations that we believe have the potential to create a profound impact on industries and drive our economy forward.”

Al Naqbi concluded: “The Innovation Accelerator is testament to our solid commitment to fostering innovation and collaboration as part of a thriving entrepreneurial ecosystem in the UAE, in line with our support for the UAE’s National Strategy for Advanced Innovation, and we look forward to welcoming yet more of the brightest talents to our program.”

Entities welcomed to join Cohort 9 will join the ranks of more than 150 diverse businesses from 28 countries that have already benefited from the many valuable facets of the IA program. Notable success stories from the Innovation Accelerator include Fortyguard, a cleantech platform pioneering urban temperature intelligence which exhibited at the GTC 2024 alongside NVIDIA and their ecosystem partners; Verofax, a platform for asset tracking management and sustainable lifecycle tracing and Appro, recently named Best Fintech at the Fintech World Cup, Dubai Fintech Summit.

The application window to join the Innovator Accelerator Cohort 9 is now open and applications can be made online via https://mbrif.cognistreamer.com/

For more information about Mohammed Bin Rashid Innovation Fund please visit https://mbrif.ae.

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168极速赛车开奖,168极速赛车一分钟直播 MBRIF welcomes latest cohort of innovators https://mystartupworld.com/mbrif-welcomes-latest-cohort-of-innovators/ Wed, 05 Jun 2024 07:32:38 +0000 http://mystartupworld.com/?p=37697 Mohammed Bin Rashid Innovation Fund (MBRIF) has announced the selection of entrepreneurs for Cohort 8 of its Innovation Accelerator Program. The selected entrepreneurs will be supported with state-of-the art resources, expert coaching and mentorship, as well as access to investment and meaningful connections, with the aim of facilitating increased capabilities, accelerated growth and achievement of scale. […]

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Mohammed Bin Rashid Innovation Fund (MBRIF) has announced the selection of entrepreneurs for Cohort 8 of its Innovation Accelerator Program. The selected entrepreneurs will be supported with state-of-the art resources, expert coaching and mentorship, as well as access to investment and meaningful connections, with the aim of facilitating increased capabilities, accelerated growth and achievement of scale.

The program has been instrumental in helping drive growth and development for a diverse range of innovative companies across the globe, enabling them to showcase their potential as disruptors and drivers of economic growth.

Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for Support Services Sector, Chief Innovation Officer at the UAE Ministry of Finance, and the Ministry’s representative at the Mohammed Bin Rashid Innovation Fund, said of the latest selection: “Once again, we were delighted to select from such an innovative pool of applicants, each demonstrating tremendous potential to shape our future. The fact that we continue to attract applications from the brightest talents around the world – and, indeed, enable success for so many entrepreneurs – is testament to our efforts to drive innovation and development, with the aim of helping achieve the goals of the UAE’s National Strategy for Advanced Innovation.”

Innovators chosen to join Cohort 8 were meticulously selected from a broad pool of applicants, with eligibility for selection based on a number of carefully identified criteria. A pool of over 200 companies from 35 countries was whittled down to 20 successful applicants, representing a range of diverse sectors. Developmental stages range from prototype to growth and scale-up, highlighting the breadth of support available via the program.

Startups joining Cohort 8 of the Innovator Accelerator include:

  • TheraCann: Fogponics urban indoor vertical farming solution
  • Green and Seed: Bio-degradable film & drip irrigation solution for rice & wheat cultivation
  • Manhat: Sustainable water and floating farm solution
  • Nadeera: Rewarding platform for communities recycling management
  • Circa Biotech: Pioneering sustainability with insect farming
  • Greenfi: AI enabled ESG due-diligence solution for sustainable financing
  • Jalebi: Unlocking restaurant value through data
  • Aqlama: High quality data collection for AI development
  • CrossVal: The future of financial modelling
  • Duverse: Enhancing performance by utilizing AI and metaverse
  • BigDot: Decentralized digital commerce network for MSMEs
  • Equevu: Pioneering workplace savings plans
  • Pulsar.ml: Redefining AI governance with ML innovation
  • Madari Space: Redefining data management
  • Basetrack: Efficient and sustainable autonomous trucking solutions
  • Sulmi: 1st UAE designed and manufactured electric motorbike
  • SpaceLab: Innovative IoT infrastructure and satellite data transmission
  • Reme-D: Patented diagnostics made in the MEA for the MEA
  • Hoopla: Mental wellness app for children and parents
  • OxyTech: AI for X-rays complex analysis

The Innovation Accelerator continues to act as a key part of the innovation ecosystem in the UAE, underscoring MBRIF’s commitment to championing the growth of disruptive enterprises with the aim of helping drive economic diversification and sustainable development in the country.

For more information about Mohammed Bin Rashid Innovation Fund, please visit https://mbrif.ae.

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168极速赛车开奖,168极速赛车一分钟直播 MBRIF opens applications for Cohort 8 https://mystartupworld.com/mbrif-opens-applications-for-cohort-8/ Mon, 18 Dec 2023 07:15:16 +0000 http://mystartupworld.com/?p=35366 Mohammed Bin Rashid Innovation Fund (MBRIF) has announced the commencement of the application period for the eighth cohort of its renowned Innovation Accelerator (IA) program. The registration window for companies to apply is now open until mid-January 2024. Commenting on this announcement, Fatima Al Naqbi, Chief Innovation Officer at the Ministry of Finance and MBRIF […]

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Mohammed Bin Rashid Innovation Fund (MBRIF) has announced the commencement of the application period for the eighth cohort of its renowned Innovation Accelerator (IA) program. The registration window for companies to apply is now open until mid-January 2024.

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 program stands as a testament to our dedication in 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 a beacon for entrepreneurship, driving sustained growth and innovation in the region.”

Beyond comprehensive assistance, the IA program provides cohort members with an exclusive avenue to connect with potential investors, industry experts, and accomplished entrepreneurs in the region. This opens doors to valuable perspectives, broader networking opportunities, and the establishment of strategic alliances.

Al Naqbi added, “The MBRIF IA program consistently draws hundreds of applications annually, underlining the increasing interest in our initiative. Recently, we introduced Cohort 7, selecting 22 new members from a pool of over 230 applicants from 41 countries. This represents a significant milestone in our mission to further solidify MBRIF as a beacon for innovation on the international stage.”

The opening of the Cohort 8 application window allows innovators and entrepreneurs from across the globe to join the ranks of more than 130 innovative businesses from 24 countries that have taken part in the IA program. Several success stories have emerged from the program alumni, including Verofax, a platform for asset tracking management and sustainable lifecycle tracing which was featured on the famous Beban platform; Desolenator, developer of innovative solar thermal desalination technology which was crowned the official champion of the SuperNova challenge at GITEX North Star, and Sarwa, one of the prominent online independent financial advisors in the UAE.

Over the years, the MBRIF IA program has played a pivotal role in shaping the success of its members and facilitating access to the UAE market. By assisting members throughout the value chain and providing insights from the industry ecosystem, the program has proven instrumental in leveraging the demand of the local and regional business landscape.

For more information and to apply for Cohort 8 of the MBRIF Accelerator program, please visit https://mbrif.cognistreamer.com/

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168极速赛车开奖,168极速赛车一分钟直播 MBRIF accepting applications for the next cohort of its IA program https://mystartupworld.com/mbrif-accepting-applications-for-the-next-cohort-of-its-ia-program/ Thu, 18 May 2023 06:14:23 +0000 http://mystartupworld.com/?p=32815 The Mohammed Bin Rashid Innovation Fund (MBRIF) is now accepting applications for the next cohort of its Innovation Accelerator (IA) program. The registration period will run from 15 May, 2023 and due to close on 13 July, 2023. Aligned with the National Innovation Strategy, The IA program focuses on innovation and cooperation and provides world-class […]

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The Mohammed Bin Rashid Innovation Fund (MBRIF) is now accepting applications for the next cohort of its Innovation Accelerator (IA) program. The registration period will run from 15 May, 2023 and due to close on 13 July, 2023.

Aligned with the National Innovation Strategy, The IA program focuses on innovation and cooperation and provides world-class services and training to founders to accelerate their business, raise capabilities and expertise, boost standards, and create added value. MBRIF will mentor aspiring innovators and entrepreneurs from priority sectors: technology, health, education, transportation, renewable energy, water and space.

Commenting on the announcement, Fatima Al Naqbi, Chief Innovation Officer at the Ministry of Finance and MBRIF representative, said: “MBRIF aims to empower innovative businesses by providing access to the tailored resources, expert mentorship, meaningful connections and affordable funding they need at every stage of their growth, from start-up to scale-up, in order to achieve sustainable growth and impact. Our IA program has supported some of the most innovative companies globally in accelerating their growth trajectories. With the opening of applications for our new cohort, we look forward to welcoming the next generation of entrepreneurs to our network.”

The program also offers a unique opportunity for cohort members to network with key players, potential investors, market experts, and successful entrepreneurs in the region, enabling them to gain valuable insights, expand their reach, and create new partnerships.

“By fostering a culture of innovation and entrepreneurship, we are not only helping to shape the future of the national economy, but also attracting talent and investment to the UAE. Since the inception of this program in 2018, the IA program has brought together 112 members from 21 different countries in diverse sectors of the economy and has placed emphasis on nurturing and growing local entrepreneurs to augment the domestic innovation base.”

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168极速赛车开奖,168极速赛车一分钟直播 MBRIF celebrates ground-breaking innovation on the Demo day https://mystartupworld.com/mbrif-celebrates-ground-breaking-innovation-on-the-demo-day/ Mon, 15 May 2023 08:45:02 +0000 http://mystartupworld.com/?p=32793 Mohammed bin Rashid Innovation Fund (MBRIF) celebrated the graduation of the 6th cohort of its Innovation Accelerator program with members vying for funding and awards on the Demo Day. The event showcased graduating cohort members’ innovative and disruptive companies from around the world across key sectors: Health, Transport, Education, Technology, Clean Energy, Water and Space. […]

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Mohammed bin Rashid Innovation Fund (MBRIF) celebrated the graduation of the 6th cohort of its Innovation Accelerator program with members vying for funding and awards on the Demo Day.

The event showcased graduating cohort members’ innovative and disruptive companies from around the world across key sectors: Health, Transport, Education, Technology, Clean Energy, Water and Space. The startups competed for the Best Pitch, Best UAE Homegrown Business and Most Impactful Business awards.

MBRIF’s Innovation Accelerator program is a 6-month platform that attracts hundreds of applications from around the world. It aims to provide bespoke services to the most promising Innovators including access to industry insights, the market and other key resources to accelerate the growth of the business. The program culminates with the Demo Day, where the cohort members pitch their businesses to investors and venture capital firms while competing for prestigious awards from MBRIF.

Commenting on the announcement, Fatima Al Naqbi, Chief Innovation Officer at Ministry of Finance and MBRIF representative said: “MBRIF is proud to have facilitated the growth and development of some of the most innovative and promising startups in the world through tailored solutions, expert mentorship, meaningful connections and access to investors. The Demo Day showcased the talent, depth and ingenuity of the graduating cohort, and MBRIF is excited to see where their businesses will go next. We would like to congratulate all the members and award winners and wish them the best of luck for the future. We will continue our unwavering support to our members and alumni as an integral part of the innovation ecosystem in the UAE and in support of the UAE’s National Innovation Strategy.”

At the end of the event, the following cohort members were recognized for the below awards:

• Sinterex won Best Pitch Award
• Lisan won Best UAE Homegrown Business Award
• Mruna won Most Impactful Business Award

The event was judged by four renowned VC partners in the UAE, who evaluated the startups based on their three-minute pitches. Shaker Zainal, Chief Business Officer, EDB and Head of MBRIF, gave the welcome remarks, followed by a keynote speech from H.E. Dr. Tariq Bin Hendi, Senior Partner at Global Ventures.

MBRIF Innovation Accelerator program’s 6th cohort included businesses from the UAE, UK, Canada, Tunisia, KSA, Lebanon and the USA at various levels of maturity from prototype to growth stages.

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168极速赛车开奖,168极速赛车一分钟直播 Sav raises $ 750,000 in pre-seed round https://mystartupworld.com/sav-raises-750000-in-pre-seed-round/ Tue, 14 Mar 2023 04:30:15 +0000 http://mystartupworld.com/?p=32105 Sav, a leading innovator in the personal savings space, announced the successful closure of its pre-seed funding round, raising $750,000. The funding was raised from prominent angel investors and fintech leaders in the MENA region. Sav, a dynamic platform designed to facilitate financial savings for consumers, is part of the prestigious Mohammed Bin Rashid Innovation […]

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Sav, a leading innovator in the personal savings space, announced the successful closure of its pre-seed funding round, raising $750,000. The funding was raised from prominent angel investors and fintech leaders in the MENA region.

Sav, a dynamic platform designed to facilitate financial savings for consumers, is part of the prestigious Mohammed Bin Rashid Innovation Fund’s (MBRIF) Innovation Accelerator program. The platform makes saving money convenient, accessible, and rewarding for consumers. The app offers personalized savings plans, helps users track their progress, and rewards them for meeting their savings goals. With its user-friendly interface and powerful features, Sav is changing the way people think about saving money and helping them achieve their financial goals.

“We are thrilled to have the support of such prominent investors in our mission to revolutionize personal savings,” said Purvi Munot, CEO of Sav. “This funding will allow us to bring our innovative solution to more users and continue to enhance the user experience.”

Sav has already received widespread recognition and praise for its unique approach to personal savings. The app’s user-friendly design and innovative features have attracted a rapidly growing base of 20,000 users who have created saving goals upwards of AED 20Mn.The company is poised for continued success in the coming months and years.

Commenting on the partnership, Fatima Al Naqbi, Chief Innovation Officer at the Ministry of Finance and MBRIF representative, said: “From the very beginning, the primary objective of MBRIF has been to foster innovation that positively impacts communities by improving education and enhancing the quality of life. It gives us great pleasure to announce that Sav, one of our accelerator cohort members, has successfully concluded their pre-seed funding round. Sav is a pioneering organization committed to helping individuals save money and make informed financial decisions. This accomplishment serves as a testament to the calibre of MBRIF’s members and their significant contributions in advancing services for people through innovative solutions.”

Sav’s founders have a long history of innovation in the financial technology sector, and their expertise is reflected in the app’s design and functionality. The pre-seed investment will be used to further develop the platform and expand its reach.

Sav is available for download on the App Store and Google Play. To learn more about Sav and its innovative savings app, visit https://sav.money.

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168极速赛车开奖,168极速赛车一分钟直播 Masdar City’s Innovate returns to Abu Dhabi Sustainability Week 2023 https://mystartupworld.com/masdar-citys-innovate-returns-to-abu-dhabi-sustainability-week-2023/ Thu, 12 Jan 2023 11:23:36 +0000 http://mystartupworld.com/?p=31386 Innovate, Masdar City’s global initiative to support clean-tech companies, is returning to Abu Dhabi Sustainability Week to showcase clean-tech start-ups and enterprises. The three-day exhibition kicks off on January 16. It is supported by Masdar City’s startup accelerator program, The Catalyst, which is providing 22 participating companies with the chance to pitch directly to an […]

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Innovate, Masdar City’s global initiative to support clean-tech companies, is returning to Abu Dhabi Sustainability Week to showcase clean-tech start-ups and enterprises. The three-day exhibition kicks off on January 16. It is supported by Masdar City’s startup accelerator program, The Catalyst, which is providing 22 participating companies with the chance to pitch directly to an investment committee and win up to US$200,000 in funding.

Ahmed Baghoum, the acting CEO of Masdar City, said, “Since its launch in 2021, Innovate has helped dozens of companies kick off major projects in the region. The magic of seeing start-ups focus on emerging technologies to help the fight against climate change has inspired us to return this year with an even more ambitious exhibition. With The Catalyst on board, start-ups will have the chance to benefit from an accelerator specifically tailored to their needs and industries.”

Steve Severance, Masdar City’s director of growth, said, “Pairing The Catalyst with Innovate opens the door for aspiring businesses to gain our support and funding in the most efficient way possible. At Innovate, companies will be able to pitch their projects straight to our senior directors, and if they succeed, they will win our unwavering support. There are many benefits to joining The Catalyst beyond the funding opportunity. We also help member companies gain access to the Masdar City Free Zone and Abu Dhabi’s technology ecosystem.”

In its first edition, Innovate provided support and exposure to 20 emerging companies, some of which decided to return this year. FortyGuard, which provides solutions for optimizing energy resources, was one of them. The start-up, which launched in 2020, landed Masdar City as their first client through Innovate 2022, and several other deals followed.

“Masdar City is a regional ecosystem enabler. Taking part in their Innovate program opened a big door for us,” said Jay Sadiq, the FortyGuard founder and chief visionary officer. “Being in direct contact with major energy officials and decision-makers was the highlight of the event for us. We did not have to search for potential clients and supporters; they came to find us. Today, we serve 12 major clients who were a result of our initial deal with Masdar City.”

Innovate will feature an agri-tech showcase by DANA Venture Builder, an Abu-Dhabi-based venture builder and investment platform for women-led startups in desert tech, including agri-tech, water solutions, food security, waste management, and renewable energy through regional collaboration, innovation mentorship, impact community, and funding.

Another Innovate showcase, presented by The Catalyst, is called HydroArtPod, a smart indoor home garden that features ambient lighting and looks like wall art. Founded by Aline Pate, HydroArtPod is a small, fully automated garden that allows families to grow fresh produce all year round to reduce dependency on food retailers. 

Innovate is being held in partnership with Amazon Web Services, Microsoft for Startups, Mohamed bin Zayed University of Artificial Intelligence, the Mohammed bin Rashid Innovation Fund (MBRIF), and DANA Venture Builder. Each entity will present several innovative clean-tech companies that cover a range of areas, including clean energy, food security, and artificial intelligence.

 

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