The Recap: The Demo Day of the Mohammed Bin Rashid Innovation Fund Accelerator Program’s Eighth Cohort
17 startups presented their ideas in front of a panel of regional investors, following which three startups emerged as the winners of the Demo Day.
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On November 27, 2024, the Mohammed Bin Rashid Innovation Fund (MBRIF) held the Demo Day of the eighth cohort of its Innovation Accelerator Program at the Astoria Waldorf hotel in Dubai. The event was held in collaboration with Bolt, Brinc, Emirates Development Bank (EDB), and Entrepreneur Middle East.
The event was kickstarted by a keynote address from H.E. Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship. This was followed by speeches from both Ahmad Alnaqbi, CEO at EDB as well as Shaker Zainal, Head of the MBRIF and Chief Business Officer at EDB.
17 startups from the MBRIF Innovation Accelerator Program’s eighth cohort then presented their business ideas to a panel of judges comprising of Ekta Tolani, Chief Investment Officer at KBW Ventures; Sacha Haidar, Partner at Global Ventures; Ali AlMajthoob, Managing Director at MEVP; and Omar Khan, Principal at Oraseya Capital.
The startups that took part in the pitch competition included TheraCann, Green and Seed, Manhat, Nadeera, Circa Biotech, Greenfi, Jalebi, Aqlama, CrossVal, Duverse, BigDot, Equevu, Pulsar.ml, Madari Space, Basetrack, Sulmi, SpaceLab, Reme-D, Hoopla, OxyTech.
At the end of the judges’ deliberations, three prizes were awarded- Best Pitch, Best UAE Homegrown Business, and Most Impactful Business. The winners were declared as follows:
Best Pitch: Circa Biotech
Best UAE Homegrown Business: Equevu
Most Impactful Business: Reme-D
Launched in 2018, the MBRIF Accelerator aims to support innovators and entrepreneurs by offering key resources, connections, and services specifically designed to accelerate business growth to ensure their success. Check out the video for more highlights from the eighth cohort’s Demo Day!
On November 27, 2024, the Mohammed Bin Rashid Innovation Fund (MBRIF) held the Demo Day of the eighth cohort of its Innovation Accelerator Program at the Astoria Waldorf hotel in Dubai. The event was held in collaboration with Bolt, Brinc, Emirates Development Bank (EDB), and Entrepreneur Middle East.
The event was kickstarted by a keynote address from H.E. Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship. This was followed by speeches from both Ahmad Alnaqbi, CEO at EDB as well as Shaker Zainal, Head of the MBRIF and Chief Business Officer at EDB.
17 startups from the MBRIF Innovation Accelerator Program’s eighth cohort then presented their business ideas to a panel of judges comprising of Ekta Tolani, Chief Investment Officer at KBW Ventures; Sacha Haidar, Partner at Global Ventures; Ali AlMajthoob, Managing Director at MEVP; and Omar Khan, Principal at Oraseya Capital.
