Mohammed Bin Rashid Innovation Fund
In a Federal Government initiative represented by the Ministry of Finance (MoF), His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the Mohammed bin Rashid Innovation Fund, which is worth a total of AED 2 billion to support of the innovation ecosystem and innovators towards creating a positive impact on the UAE’s economy in the future.
Please click here to visit the official website of Mohammed bin Rashid Innovation Fund.
In 2016, an agreement was signed between the MoF and the Emirates Development Bank (EDB) to host and operate the Mohammed bin Rashid Innovation Fund through EDB. The aim of the agreement is to activate the fund’s role in supporting the UAE’s transition to a knowledge-based economy, thus achieving prosperity and sustainability for the country.
To be one of the world’s most trusted and connected innovation programs that drives true impact and growth.