MBRIF Hosts Demo Day to Spotlight Cohort 9 Startups
The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative by the UAE Ministry of Finance, announced the successful completion of its Demo Day event. The event showcased innovations from members of Cohort 9 of its Innovation Accelerator Program.
MBRIF revealed that the Demo Day aimed to highlight groundbreaking projects from startups operating in the UAE and globally. These companies are looking to expand their presence in the country and represent key sectors including health, transport, education, technology, clean energy, water, and space.
The startups competed for three key awards: Best Pitch
Best UAE Homegrown Business
Most Impactful Business
The event began with welcome remarks from Shaker Zainal, Head of MBRIF and Chief Business Officer at Emirates Development Bank. A keynote address followed, delivered by H.E. Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank.
Member companies delivered innovative presentations, showcasing their creativity and market potential. The Ministry of Finance's representative at MBRIF, Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for the Support Services Sector, praised the achievements of Cohort 9.
She reported that the presentations aligned with the goals of the UAE's National Innovation Strategy. Alnaqbi emphasized MBRIF's ongoing commitment to support startups through tailored mentorship, strategic networking, and world-class resources.
She added that this support equips startups to grow and compete on a global scale. Alnaqbi congratulated all participants and noted MBRIF's readiness to continue backing their journey.
A panel of industry experts evaluated the pitches. The judges included: Ali AlMajthoob, Managing Director at MEVP
Ivo Detelinov, General Partner at Salica Investments
Karim Konsowa, Portfolio Manager at Hub71
The judges focused on the strengths and potential of each company in both local and global markets. At the end of the event, MBRIF announced the award winners. Aura received the Best Pitch Award. Mantas was named Best UAE Homegrown Business. Neuroblast won the Most Impactful Business Award.
MBRIF reported that its Innovation Accelerator Program continues to serve as a key driver of innovation and entrepreneurship in the UAE. The program supports startups in vital sectors and aligns with national strategies to foster innovation.
The Demo Day provided a platform for startups to connect with investors, gain exposure, and access growth opportunities. MBRIF affirmed its role in offering mentorship, insights, and global networking to help startups scale sustainably.
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