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Nabta Graduates from MBRIF at UAE Innovation Month

For the UAE Innovation Month 2020, and as part of its commitment to support innovation and innovators, the Ministry of Finance (MoF) kick-started its ‘MoF Innovates 2020’ event yesterday at the Etihad Museum in Dubai.

His Highness Sheikh Mohammed bin Rashid Al Maktoum launched the Mohammed bin Rashid Innovation Fund (MBRIF) four years ago. With a value of AED 2 billion, the aim was to create a program that promotes innovation and shapes the future of the UAE economy.

Nabta Health were honoured to graduate alongside 17 other MBIRF members from the first cohort of the MBRIF. The other graduates included: Addenda, Airspace Industrial Blockchain (AIB), CarSwitch, Constructive Trading, Denarii Cash, HeyDoc!, Heyraat E-store, Kinteract, Lamsa, Morni, Neutral Fuels LLC, Oliv, Optimus FZCO, Pure Harvest, RAZRLAB, Smart Crowd, and Smart Labour.

H.E. Younis Haji Al Khoori, Undersecretary of MoF opened the event and presented the graduates with their awards.

H.E. said: “The Ministry of Finance will continue to undertake initiatives that advance innovation and creativity in keeping with the UAE government’s vision of creating a stimulating environment for innovation – this will place the UAE at the forefront globally, as well as among the ranks of the most innovative governments worldwide by 2021. It’s for this reason, the ministry has embraced innovation its approach and made it an integral part of every practice, process and service. MoF expends every effort to foster a supportive environment that through initiatives, strategies and programs encourages innovation in the UAE.”

The event included an inspiring keynote speech by Mr Jeff Hoffman, an award-winning entrepreneur and CEO and an expert in innovation and accelerated growth in entrepreneurship.

Discover more about the event in this article.