” The word impossible is not in the leaders dictionaries. No matter how big the challenges, strong faith, determination and resolve will overcome them.
H.H. Sheikh Mohammed bin Rashid Al Maktoum
Vice President and Prime Minister of the United Arab Emirates (UAE), and Ruler of the Emirate of Dubai
ABOUT US
The UAE’s innovation ecosystem is thriving and continuously expanding horizons to meet strategic challenges of the future. Pioneering technologies and innovative ideas at the forefront of the country’s roadmap for growth.
The Mohammed Bin Rashid Innovation Fund (MBRIF) was conceived and launched by the UAE Ministry of Finance (MoF) to proudly serve and lead the innovation ecosystem. Inspired by the vision of the UAE leadership, the Ministry of Finance is working to realize the UAE’s National Innovation Strategy by attracting high potential innovators to design and create the future with us.
Our vision is to be one of the world’s most trusted innovation programs that drives real impact by providing entrepreneurs with services and connections truly tailored to their needs for growth.
The Mohammed Bin Rashid Innovation Fund (MBRIF) was conceived and launched by the UAE Ministry of Finance (MoF) to proudly serve and lead the innovation ecosystem. Inspired by the vision of the UAE leadership, the Ministry of Finance is working to realize the UAE’s National Innovation Strategy by attracting high potential innovators to design and create the future with us.
Our vision is to be one of the world’s most trusted innovation programs that drives real impact by providing entrepreneurs with services and connections truly tailored to their needs for growth.
We are built for innovators who see the world differently.
MBRIF IS COMMITTED TO SUPPORTING INNOVATORS TO SUCCEED AND REACH THEIR GROWTH AMBITIONS
Our mission is to co-catalyze the UAE’s innovation economy by nurturing the daring with expert guidance, rich connections and selfless backing to shape a sustainable future.
THE MBRIF DOESN’T BELIEVE IN A ONE-SIZE-FITS-ALL APPROACH
Every innovator is different. Every business has its distinct challenges. The MBRIF doesn’t believe in a one-size-fits-all approach to supporting founders and innovators, which is why have carefully crafted two programs to address the unique needs of every innovator in collaboration with our partner and operator, Emirates Development Bank.
Making the UAE
home to global
innovation
Helping
homegrown
innovations thrive
Instilling a culture
of innovation in
the nation
A tailored
program for
all stages
Access to the
world’s best
experts
CREATING A CULTURE OF INNOVATION WITHIN OUR SOCIETY AND EMPOWERING YOUTH.
Our partnerships with key players across industry and government have played a vital role in successfully empowering youth in the UAE. In 2022, the MBRIF will deepen this engagement to build more key sector opportunities.
AT THE MBRIF, WE:
THE INITIATIVE’S OBJECTIVES ARE ALIGNED WITH THE UAE NATIONAL INNOVATION STRATEGY AND IS ACROSS 7 PRIORITY SECTORS.
EDUCATION
HEALTH
WATER
CLEAN ENERGY
TECHNOLOGY
SPACE
TRANSPORT
OUR INNOVATION METRICS
ONE
GOAL
To create an enabling environment for innovators to develop
creative solutions for global, regional and local challenges
creative solutions for global, regional and local challenges
7 SECTORS | 2 PROGRAMS
Guarantee Scheme
LAUNCHED IN 2016, THE GUARANTEE SCHEME FUND PROVIDES A CRUCIAL TOOL IN AN INNOVATOR'S JOURNEY
The Guarantee Scheme facilitates access to finance for innovators at a reasonable cost through flexible government-backed loan guarantees. This enables entrepreneurs to maintain control over their company and grow their business with financing solutions that don’t dilute equity.
We knock down financing barriers.
Innovation Accelerator
WE BRING THE BEST BUSINESS ADVICE TO INNOVATORS
Launched in 2018, the Innovation Accelerator program was established and launched to complement the ecosystem needs by providing fundamental non-financial support. The program’s unique member-centric design and services have a singular focus on innovator excellence, through unparalleled access to an ecosystem of coaches, thought leaders and industry experts. Our experts are selected based on the specific needs of the entrepreneur, enriching their experience by bringing the knowledge, unique insights and right connections they need to grow.
The Innovation Accelerator serves as the vehicle to identify high potential innovators from across the globe to create a tangible positive impact on the UAE’s economy.
“The biggest benefit has been the MBRIF’s ability to build both capacity and capability for the startup community, from the ground up. Opening doors to not just funding, but also industry experts from whom one can constantly learn and use their inputs has been the hallmark of the MBRIF journey for us so far.“
Ricky Husain,
Founder, North Ladder
Innovation Accelerator Member
OUR 38 INNOVATION ACCELERATOR MEMBERS
2021
SERVICES PROVIDED FOR OUR
38 INNOVATION ACCELERATOR MEMBERS
2021
OUR 77 INNOVATION ACCELERATOR MEMBERS
2016- 202 1
“We felt we needed some external input to help us to refine our direction and strategy, and the MBRIF team has given us valuable input on key aspects, such as branding, pricing structures, presentation skills and intellectual property protection,”
Theresa Wernery,
Founder, Terrax
Innovation Accelerator Member
ENGAGING WITH INNOVATORS AT KEY EVENTS IN 2021
INNOVATION JOURNEYS
A monthly conversation on LinkedIn Events, where we bring you some of the world’s most talented minds to discuss their innovation journey and challenges in entrepreneurship
Jonathan Rochelle
Co-Founder,
Google Sheets
29 SEPTEMBER
Will Kanaan
Product Expert – Ex-Careem,
Uber & Google
27 OCTOBER
Sky Kurtz
Founder and CEO,
Pure Harvest
24 NOVEMBER
GLOBAL GATEWAY TO THE TECH WORLD OF THE FUTURE
GITEX 17-20 October 2021
MBRIF SPACE QUEST PITCHING EVENT
Gitex 2021 Future Stars
AIMING FOR THE SKIES
VISTA DUBAI AIRSHOW 14-18 November 2021