The Mohammed Bin Rashid Innovation Fund (MBRIF) has signed a partnership agreement with Numou to broaden financing access for innovative businesses backed by the fund.
The collaboration also aims to strengthen support for startups and high-potential companies across the UAE.
MBRIF is an initiative launched by the Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE.
Under the partnership, innovative businesses supported by the Fund will gain broader access to financing options through Numou’s digital marketplace, alongside workshops and community sessions focused on financing awareness. These efforts are intended to give founders practical guidance on the financing landscape and help them make more informed decisions as they grow.
The agreement will establish a two-way referral system, allowing eligible startups recommended through Numou to be considered for MBRIF’s Guarantee Scheme and Innovation Accelerator where applicable.
Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for the Support Services Sector at the Ministry of Finance and the Ministry’s representative at MBRIF, said that, “Our partnership with Numou reflects MBRIF’s continued commitment to delivering high-quality financing solutions and strategic resources that open up new market opportunities for innovators, enabling them to grow with confidence and contribute meaningfully to building a competitive, knowledge-based economy.”
Mohamed Al Binali, General Manager of Numou, stated that, “Our partnership with MBRIF marks an important step in advancing the UAE’s vision to strengthen how SMEs access and utilise financing within the business ecosystem. As Numou continues to evolve, we are focused on connecting financing more directly to real economic activity, supported by deeper data-driven insights that enhance transparency and decision-making.”
“By working closely with MBRIF, we are reinforcing Numou’s commitment to enabling SMEs, particularly innovation-led businesses, to access the right capital at the right time, empowering them to grow, scale, and contribute meaningfully to the nation’s resilient and diversified economic agenda,” Al Binali added.
