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

Exel by Merak awards $5.1mn to 17 Saudi Gaming Startups
News
Calendar Icon
February 19, 2026
Exel by Merak awards $5.1mn to 17 Saudi Gaming Startups
Read More
Saudi Arabia sees 85% surge in investment licenses in Q4 2025
News
Calendar Icon
February 19, 2026
Saudi Arabia sees 85% surge in investment licenses in Q4 2025
Read More
Lumi expands Saudi footprint with new branch in Qassim
News
Calendar Icon
February 19, 2026
Lumi expands Saudi footprint with new branch in Qassim
Read More
DGA qualifies 16 companies for digital government projects
News
Calendar Icon
February 19, 2026
DGA qualifies 16 companies for digital government projects
Read More
Saudi platform Jozo launches Kingdom’s 1st tokenized property deed
News
Calendar Icon
February 19, 2026
Saudi platform Jozo launches Kingdom’s 1st tokenized property deed
Read More
Sure Global Tech approves new AI-focused subsidiary in Riyadh
News
Calendar Icon
February 18, 2026
Sure Global Tech approves new AI-focused subsidiary in Riyadh
Read More
ZIWO secures strategic investment to deepen presence across MENA
News
Calendar Icon
February 18, 2026
ZIWO secures strategic investment to deepen presence across MENA
Read More
CEER strengthens strategic partnership with FEV
News
Calendar Icon
February 18, 2026
CEER strengthens strategic partnership with FEV
Read More
Elevix launches digital capability center to support GCC startups
News
Calendar Icon
February 18, 2026
Elevix launches digital capability center to support GCC startups
Read More
EY KSA, Microsoft to explore new consulting opportunities in Saudi Arabia
News
Calendar Icon
February 17, 2026
EY KSA, Microsoft to explore new consulting opportunities in Saudi Arabia
Read More