MBRIF startups use innovative technology solutions to support communities during COVID-19 outbreak
Three technology-based startup companies, Kinteract, Justice Chain, and Addenda, have turned their innovative solutions to support communities and businesses in minimizing the impact of COVID-19 outbreak. The three companies are members of the Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to promote and foster innovation in the UAE.
Constructive Trading announced as newest member to benefit from the MBRIF Guarantee Scheme
The MBRIF has announced Constructive Trading as the newest member of its Guarantee Scheme program. As a member of the Guarantee Scheme, Constructive Trading joins other innovative companies and SMEs who receive assistance from the MBRIF in accessing affordable debt funding to accelerate the growth of their business.
The Ministry of Finance launches the “Innovation Report 2016-2020”
The report highlights the achievements and work done to date by the MBRIF. More than AED171 million funds have been raised by MBRIF members since the initiative launch. Over 880 applications have been received for the Accelerator and Guarantee Scheme Programs from 65 countries to date.
In this month’s newsletter, we bring you member highlights from JustChain and Jibrel, as well as a feature on Key2Enable who recently published an opinion piece on “How new technologies are empowering people of determination in the UAE”.
The MBRIF team wishes you a Happy Eid Al Adha! In this month’s newsletter, you’ll hear from our members on their virtual sessions experience with us as well as from Talal Tabbaa, COO of Jibrel, who recently published an opinion piece on blockchain and the future of decentralized finance.
In this month’s newsletter, we have a few exciting announcements and news to cover over the past month. The most exciting news is the announcement of our strategic partnership alongside Dubai SME with District 2020 to back its global entrepreneur program, Scale2Dubai.
MBRIF Industry Event: Reimagining the Future of Work and Education
As the MBRIF continues to work closely with innovators to support their growth, on June 2nd, we launched a virtual event under the theme of “Re-imagining the Future of Education and Work”–the first event of ‘Industry Event’ series.