Masdar City launches programme to accelerate sustainable technologies
The year-long programme will provide participating small- and mid-size enterprises with a platform to nurture their sustainable innovations and opportunities to engage with potential investors.
Masdar City’s mission is to realise greener, more sustainable urban living
Masdar City in Abu Dhabi has announced a global initiative that seeks to identify and nurture the next generation of sustainable technologies.
The Innovate initiative will focus on the areas of urban mobility, clean energy, water, energy storage, artificial intelligence (AI) and agritech and food security.
Sustainable innovations
The year-long programme will provide participating small- and mid-size enterprises (SMEs) with a platform to nurture their sustainable innovations and opportunities to engage with potential investors. The companies will also have an opportunity to expand or move their operations to Masdar City Free Zone.
“By investing in Abu Dhabi’s innovation ecosystem, this initiative will further support the development of pioneering technologies around key green transition sectors such as clean energy, AI, water and other Fourth Industrial Revolution sectors,” said Abdulla Balalaa, executive director, Masdar City.
“Companies will benefit from the support provided by Masdar City in helping them grow their businesses in the UAE and wider region, while also making a positive contribution to the UAE’s sustainable economic development.”
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