“Mohammed bin Rashid Fund” reviews the innovations of the 11th batch of the “Innovation Accelerator”

The Mohammed bin Rashid Innovation Fund, the initiative launched by the Ministry of Finance with the aim of supporting the innovation and entrepreneurship system in the UAE, hosted yesterday the Demo Day, dedicated to showcasing the innovations of the members of the 11th batch of the Fund’s “Innovation Accelerator” programme.

The new batch brought together a group of the most promising innovators from the UAE and around the world, each of them working to develop solutions aimed at addressing urgent needs in the market and seizing future growth opportunities in sectors including sustainability, health, education, water, robotics, and technology.

The event celebrated the achievements of these innovative companies and the progress they have made, and contributed to highlighting the commercial potential of their projects, and connecting them with stakeholders that can support the next stage of their growth.

The Acting Assistant Undersecretary of the Ministry of Finance for the Support Services Sector, the Ministry’s representative at the Mohammed bin Rashid Fund for Innovation, Fatima Yousef Al Naqbi, said: “The Innovation Accelerator Program continues to embody the Fund’s commitment to supporting high-potential companies that are able to contribute to the innovation system in the UAE and support long-term economic development. The Demo Day represents an important stage within this path, as it highlights the progress achieved by entrepreneurs and the commercial potential of the solutions they are working to bring to the market. The program aims to provide practical support, strategic guidance, and provide access to the innovation system that entrepreneurs need to expand with confidence and achieve a tangible impact, which contributes to supporting the national vision aimed at building a future based on innovation and a flexible economic system.”