The Mohammed Bin Rashid Innovation Fund (MBRIF), a flagship initiative launched by the UAE Ministry of Finance to bolster the local innovation and entrepreneurship ecosystem, has officially announced the induction of its 12th cohort into the Innovation Accelerator program. The latest intake comprises 17 high-potential, innovative companies drawn from both the UAE and global markets, each bringing specialized solutions designed to address critical challenges and unlock new opportunities across vital sectors.
Driving Impact Across Strategic Sectors
The 12th cohort reflects the expanding footprint of emerging technologies within the regional ecosystem. The selected startups operate across a diverse array of critical fields, including Artificial Intelligence (AI), HealthTech, sustainability, water management, EdTech, advanced manufacturing, accessibility, and digital infrastructure.
These enterprises are actively building solutions for a wide spectrum of strategic priorities. Their respective missions range from optimizing retail efficiency and facilitating access to SME financing, to advancing healthcare delivery, automating industrial processes, enabling smarter environmental management, and fostering more inclusive digital experiences.
Empowering the Next Generation of Innovators
Through the MBRIF Innovation Accelerator, the newly onboarded cohort will receive customized mentorship, strategic advisory, and direct access to an expansive network of industry partners, investors, and key stakeholders. The program is meticulously structured to help innovative companies enhance their commercial readiness, refine their growth models, and accelerate their transition into the scaling phase.
Fatima Yousuf Al Naqbi, Acting Assistant Undersecretary for the Support Services Sector at the UAE Ministry of Finance and MBRIF representative, emphasized that the accelerator embodies the fund’s commitment to nurturing high-potential enterprises. She highlighted that these startups are capable of driving long-term economic development while aligning with the UAE’s broader aspirations in advanced technologies, sustainability, and knowledge-based economic growth.
The 12th Cohort Lineup
The 17 startups selected for the highly competitive program include:
- Albert Health
- ByteEdge
- DoDocs AI
- Emarabot
- Eshara AI
- Forg3t
- GrowthIQ
- Qortex
- Reputeo
- Rewa
- SeekRight
- Sghartoon
- The AM Lab
- TYAR AIN
- Valeo
- WAT
- YU.SH
Together, these companies represent a diverse portfolio of innovation-driven ventures poised to deliver tangible economic and social impact both within the UAE and on a global scale.
About Mohammed Bin Rashid Innovation Fund (MBRIF)
The Mohammed Bin Rashid Innovation Fund is a federally-backed initiative by the UAE Ministry of Finance. It was established to foster a culture of innovation and empower entrepreneurs through specialized accelerator programs and tailored funding solutions, ultimately driving the UAE’s transition toward a highly diversified, knowledge-based economy.
Source: Al Khaleej
