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

Jozo closes seed round to accelerate growth, operational expansion
News
Calendar Icon
April 9, 2026
Jozo closes seed round to accelerate growth, operational expansion
Read More
Almosafer launches AI travel planning feature on ChatGPT
News
Calendar Icon
April 9, 2026
Almosafer launches AI travel planning feature on ChatGPT
Read More
Snoonu pacts with Namaa to empower entrepreneurs in Qatar
News
Calendar Icon
April 9, 2026
Snoonu pacts with Namaa to empower entrepreneurs in Qatar
Read More
Propeller hosts 5 MENA deep-tech startups in Silicon Valley residency
News
Calendar Icon
April 9, 2026
Propeller hosts 5 MENA deep-tech startups in Silicon Valley residency
Read More
Grant Thornton Saudi Arabia, AstroLabs join forces to simplify market entry
News
Calendar Icon
April 8, 2026
Grant Thornton Saudi Arabia, AstroLabs join forces to simplify market entry
Read More
Existing e-commerce registers in Saudi Arabia rise by 9% in Q1-26
News
Calendar Icon
April 8, 2026
Existing e-commerce registers in Saudi Arabia rise by 9% in Q1-26
Read More
Saudi Ministry of Commerce issues over 70K registers in Q1-26
News
Calendar Icon
April 8, 2026
Saudi Ministry of Commerce issues over 70K registers in Q1-26
Read More
Riyadh climbs to 24th in IMD Smart City Index 2026
News
Calendar Icon
April 8, 2026
Riyadh climbs to 24th in IMD Smart City Index 2026
Read More
PIF signs 3 MoUs to attract global investment, strengthen Saudi financial market
News
Calendar Icon
April 8, 2026
PIF signs 3 MoUs to attract global investment, strengthen Saudi financial market
Read More
Saudi AI Sector sees 240% growth in commercial registrations in Q1-2026
News
Calendar Icon
April 8, 2026
Saudi AI Sector sees 240% growth in commercial registrations in Q1-2026
Read More