The UAE government announced a significant new initiative on April 22, 2025, aimed at accelerating the growth of the technology startup ecosystem. The program includes substantial funding pools, mentorship opportunities, and streamlined regulatory processes for eligible businesses.Officials stated the move is part of the nation's broader economic diversification strategy, focusing on innovation and attracting global talent. The initiative is expected to create numerous jobs and position the UAE as a leading tech hub in the region. Applications are set to open in early May 2025, with specific criteria and benefits detailed on a new dedicated online portal.