AHOY launches ‘Startup Builder Initiative’ to support tech entrepreneurs in MENA

user icon
GHADA.ISMAIL
calender icon
Nov 19, 2024
article image

Dubai – Sharikat Mubasher: AHOY, the first GCC-backed deep-tech company specializing in algorithmic developer tools, announced the launching of its ‘Startup Builder Initiative’, aiming to support 10,000 entrepreneurs and provide deep-tech solutions to empower and upskill 30,000 software developers across the MENA region by 2030.

As per the company's press release, the announcement was made by the co-founder and CEO Jamil Shinawi at the Tech Excellence Awards, hosted by Entrepreneur Middle East, where AHOY won the Ecosystem Enabler Award for its contributions to regional innovation and tech ecosystem development.

This initiative aligns with the entrepreneurial and digital revolution happening in the GCC, aiming to create 10 unicorns by 2030 led by Saudi’s Vision 2030 and MCIT, NTDP, and DTVC initiatives; and the UAE government's vision to foster 100,000 startups through its Ignyte program.

The initiative will focus on enabling deep-tech innovation, helping entrepreneurs and engineers create scalable solutions that can drive change across industries.

Commenting on this, Jamil Shinawi, co-founder and CEO of AHOY said: “We are excited to launch this initiative, which aligns with the entrepreneurial and digital revolution happening in the GCC, putting the region at the forefront of global innovation. Being awarded the Ecosystem Enabler Award is a testament to our commitment to fostering collaboration and supporting entrepreneurs in the MENA region and beyond. Through the Startup Builder Initiative and the 24SIX9 community, we aim to help entrepreneurs and engineers grow their businesses and contribute to the GCC’s goal of nurturing unicorns and leading the AI revolution.”

AHOY’s focus on decentralized AI and core tech infrastructure positions it as a key player in the innovation landscape globally. The Startup Builder Initiative aims to accelerate the growth of startups in sectors like transport and mobility, aviation, and smart cities by providing them with the resources, mentorship, and technology needed to scale and build next-generation solutions. 


Share

Related News

Dubai Future District, Buimerc partner to support Dubai’s VC ecosystem
News
Calendar Icon
November 2, 2026
Dubai Future District, Buimerc partner to support Dubai’s VC ecosystem
Read More
Commercial franchise registrations in Saudi Arabia rise by 53% in 9M
News
Calendar Icon
November 2, 2026
Commercial franchise registrations in Saudi Arabia rise by 53% in 9M
Read More
OmniOps pacts with Tencent Cloud to advance enterprise AI development in Kingdom
News
Calendar Icon
November 2, 2026
OmniOps pacts with Tencent Cloud to advance enterprise AI development in Kingdom
Read More
Report: new companies account for 60% of Riyadh’s flexible workspace demand
News
Calendar Icon
November 2, 2026
Report: new companies account for 60% of Riyadh’s flexible workspace demand
Read More
Saudi PoS sales accelerate in Q3-26, surpassing SAR 189 bn
News
Calendar Icon
November 2, 2026
Saudi PoS sales accelerate in Q3-26, surpassing SAR 189 bn
Read More
AC3D secures strategic investment from Transgulf Readymix to expand in GCC
News
Calendar Icon
November 1, 2026
AC3D secures strategic investment from Transgulf Readymix to expand in GCC
Read More
GrowthX Capital leads $5mn pre-Series A round for ALPHA10X
News
Calendar Icon
November 1, 2026
GrowthX Capital leads $5mn pre-Series A round for ALPHA10X
Read More
Aramco closes deal with PIF to acquire 49% stake in HUMAIN
News
Calendar Icon
November 1, 2026
Aramco closes deal with PIF to acquire 49% stake in HUMAIN
Read More
Prosperity7 Ventures participates in Cohere’s CAD $7bn Series E
News
Calendar Icon
November 1, 2026
Prosperity7 Ventures participates in Cohere’s CAD $7bn Series E
Read More
Oracle expands data center capacity in Kingdom, UAE amid AI demand
News
Calendar Icon
October 29, 2026
Oracle expands data center capacity in Kingdom, UAE amid AI demand
Read More