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

Madkhol expands investment offerings through anb Capital, Derayah partnerships
News
Calendar Icon
June 17, 2026
Madkhol expands investment offerings through anb Capital, Derayah partnerships
Read More
WakeCap acquires Frontline to expand its construction-tech platform
News
Calendar Icon
June 17, 2026
WakeCap acquires Frontline to expand its construction-tech platform
Read More
NCA launches 3rd edition of its ‘Cybersecurity Accelerator’
News
Calendar Icon
June 17, 2026
NCA launches 3rd edition of its ‘Cybersecurity Accelerator’
Read More
Ninja enlists global banks for potential Delivery Hero acquisition
News
Calendar Icon
June 17, 2026
Ninja enlists global banks for potential Delivery Hero acquisition
Read More
TCS, Anthropic partner to accelerate enterprise AI adoption globally
News
Calendar Icon
June 17, 2026
TCS, Anthropic partner to accelerate enterprise AI adoption globally
Read More
ASMO to expand operations across 6 strategic locations in Saudi Arabia
News
Calendar Icon
June 16, 2026
ASMO to expand operations across 6 strategic locations in Saudi Arabia
Read More
ASFAR acquires 40% stake in HUSAAK to boost Saudi tourism
News
Calendar Icon
June 16, 2026
ASFAR acquires 40% stake in HUSAAK to boost Saudi tourism
Read More
Monsha’at, Arweqah Alreyadah partner to support social entrepreneurship in Saudi Arabia
News
Calendar Icon
June 16, 2026
Monsha’at, Arweqah Alreyadah partner to support social entrepreneurship in Saudi Arabia
Read More
2nd Supply Chain and Procurement Conference kicks off today
News
Calendar Icon
June 15, 2026
2nd Supply Chain and Procurement Conference kicks off today
Read More
Jozo, IIG partner to promote fractional real estate investment in Kingdom
News
Calendar Icon
June 15, 2026
Jozo, IIG partner to promote fractional real estate investment in Kingdom
Read More