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

Snipefinity showcases innovative trading technology solutions at Money20/20 Middle East
News
Calendar Icon
September 17, 2026
Snipefinity showcases innovative trading technology solutions at Money20/20 Middle East
Read More
Malki: TAM Capital offers all investment options via single digital platform
News
Calendar Icon
September 17, 2026
Malki: TAM Capital offers all investment options via single digital platform
Read More
Alpha Power develops shariah-compliant solar financing platform in Saudi Arabia
News
Calendar Icon
September 17, 2026
Alpha Power develops shariah-compliant solar financing platform in Saudi Arabia
Read More
GlassHub develops AI-powered compliance solutions for Saudi financial sector
News
Calendar Icon
September 17, 2026
GlassHub develops AI-powered compliance solutions for Saudi financial sector
Read More
Future Industrialists initiative launches at SIF 2026 to build industrial human capital
News
Calendar Icon
September 17, 2026
Future Industrialists initiative launches at SIF 2026 to build industrial human capital
Read More
SAL signs 2 MoUs with CIMC to boost Saudi logistics infrastructure
News
Calendar Icon
September 17, 2026
SAL signs 2 MoUs with CIMC to boost Saudi logistics infrastructure
Read More
Capgemini: Businesses accelerate climate adaptation efforts amid growing risks
News
Calendar Icon
September 16, 2026
Capgemini: Businesses accelerate climate adaptation efforts amid growing risks
Read More
Signit launches AI platform ‘Al-Siraj’ at Money20/20 Middle East
News
Calendar Icon
September 16, 2026
Signit launches AI platform ‘Al-Siraj’ at Money20/20 Middle East
Read More
Barq signs multiple deals with local, global partners to expand its footprint
News
Calendar Icon
September 16, 2026
Barq signs multiple deals with local, global partners to expand its footprint
Read More
Al zamar: Sufrah partakes in Money20/20 Middle East to explore new partnerships
News
Calendar Icon
September 16, 2026
Al zamar: Sufrah partakes in Money20/20 Middle East to explore new partnerships
Read More