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

Diriyah signs lease deal with Apple for retail store within Diriyah Square
News
Calendar Icon
December 8, 2025
Diriyah signs lease deal with Apple for retail store within Diriyah Square
Read More
Big 5 Construct returns to Riyadh in January with two-edition format
News
Calendar Icon
December 8, 2025
Big 5 Construct returns to Riyadh in January with two-edition format
Read More
Byit Capital secures $1.1mn to scale real estate brokerage across GCC
News
Calendar Icon
December 8, 2025
Byit Capital secures $1.1mn to scale real estate brokerage across GCC
Read More
MoneyHash expands loyalty offering in Kingdom through WalaOne integration
News
Calendar Icon
December 8, 2025
MoneyHash expands loyalty offering in Kingdom through WalaOne integration
Read More
Mawani, ARASCO to build logistics storage center to strengthen food security
News
Calendar Icon
December 8, 2025
Mawani, ARASCO to build logistics storage center to strengthen food security
Read More
Guggenheim considers Saudi office for global expansion plans
News
Calendar Icon
December 7, 2025
Guggenheim considers Saudi office for global expansion plans
Read More
Saudi Arabia unveils $140mn cybersecurity investments at Black Hat MEA 2025
News
Calendar Icon
December 7, 2025
Saudi Arabia unveils $140mn cybersecurity investments at Black Hat MEA 2025
Read More
Saudi Arabia ranks 5th globally in AI sector growth
News
Calendar Icon
December 7, 2025
Saudi Arabia ranks 5th globally in AI sector growth
Read More
sirar by stc, Microsoft partner to boost cybersecurity in Saudi Arabia
News
Calendar Icon
December 7, 2025
sirar by stc, Microsoft partner to boost cybersecurity in Saudi Arabia
Read More
Saudi Electronic University launches SEU Sports accelerator
News
Calendar Icon
December 7, 2025
Saudi Electronic University launches SEU Sports accelerator
Read More