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The Mohammed Bin Rashid Innovation Fund (MBRIF) is a government-backed initiative supporting global innovators. It delivers an Accelerator program for mentorship and business development. A Guarantee Scheme provides non-dilutive financial backing via government-backed loan guarantees. MBRIF connects entrepreneurs with experts, partners to refine models and grow.
Established by the UAE Ministry of Finance, the Fund is named after His Highness Sheikh Mohammed Bin Rashid Al Maktoum, signifying a national commitment to fostering innovation. Its inception addressed critical entrepreneurial barriers, from concept development to securing growth capital. This foundation enables MBRIF to cultivate a dynamic, innovation-driven economy, supporting businesses worldwide.
MBRIF serves high-potential innovators, from startups to scale-ups, globally. Its mission is to unlock entrepreneurial potential through tailored services, helping refine offerings, facilitate market entry, and secure essential funding. The Fund envisions itself as a pivotal catalyst, enhancing capacity within the global startup ecosystem, contributing to groundbreaking solutions.
Mohammed Bin Rashid Fund has 1 tracked investment across 1 company. The latest tracked deal is $5.0M Series A in Beehive in October 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 2, 2017 | Beehive | $5.0M Series A | Riyad Taqnia Fund | — |