The Dubai Future District Fund is part of Dubai Future District, the largest of its kind district in the region dedicated to developing the new economy in Dubai.
In collaboration with:
Initial Commitment of AED1 Billion
At the second Dubai Council session, we launched the Dubai Future District, a new space dedicated to the development of the future economy, as well as an AED 1 billion fund to support new economy companies who can power Dubai’s future growth.
In January 2020, His Highness Sheikh Mohammed Bin Rashid Al Maktoum set the stage for the Dubai Future Fund by launching an AED 1 billion seed to growth venture fund in Dubai, to fund future of finance and future economies startups.
Local commitment and global ambitions are shaping the next chapter of Dubai and the region, and filling a crucial gap in Dubai’s ecosystem for supporting innovative startups and emerging technology companies.
The fund is mandated to support future economy companies who will operate out of the Dubai Future District, and who have the potential and foresight to drive Dubai’s economy and contribute to enhancing the emirate’s position as a preferred destination for global talent and entrepreneurship, through many initiatives and projects aimed at turning Dubai into a nexus for business and an integrated investment environment that offers exceptional facilities.
“Our economy is the second biggest in the Arab world, and our country is ranked the first regionally in attracting foreign investment and facilitating business. We are leading regionally in more than 437 global indicators, and our sovereign credit rating is the highest in the region.”His Highness Sheikh Mohammed Bin Rashid Al MaktoumVice President and Prime Minister of the UAE, and Ruler of Dubai
The Dubai Future District Fund is the evergreen venture capital fund of funds of Dubai, anchored by the Dubai International Finance Centre (DIFC) and the Dubai Future Foundation (DFF) with an initial Dhs 1 billion in committed capital.
The fund aims to deploy half of its investments into venture capital funds with a local focus and the other half into startups directly or through Future District affiliated programs. The mandate of the fund is to boost startup and venture capital investing and business activity in Dubai and the region, providing a healthy return to investors while facilitating diversified GDP growth and job creation for the next generation of industries and skills.
For more details and to register your interest, please visit the Dubai Future District Fund websitefuturedistrictfund.com