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

Green Cycle expands production as European demand for recycled plastic rises
News
Calendar Icon
October 27, 2026
Green Cycle expands production as European demand for recycled plastic rises
Read More
Mubadala Capital secures strategic investment from Apollo
News
Calendar Icon
October 27, 2026
Mubadala Capital secures strategic investment from Apollo
Read More
Ministry of Media, Nutanix to build AI-ready foundation for Saudi media sector
News
Calendar Icon
October 27, 2026
Ministry of Media, Nutanix to build AI-ready foundation for Saudi media sector
Read More
PayTabs to fully acquire SeaPay, targeting $100 bn in annual payments
News
Calendar Icon
October 27, 2026
PayTabs to fully acquire SeaPay, targeting $100 bn in annual payments
Read More
ElevateVia launches fundraising platform to connect founders with investors worldwide
News
Calendar Icon
October 26, 2026
ElevateVia launches fundraising platform to connect founders with investors worldwide
Read More
Dubai Chambers launches AI marketplace with 22 specialized agents
News
Calendar Icon
October 26, 2026
Dubai Chambers launches AI marketplace with 22 specialized agents
Read More
Saudia Cargo, Alfaisal University pact to advance AI research for logistics sector
News
Calendar Icon
October 26, 2026
Saudia Cargo, Alfaisal University pact to advance AI research for logistics sector
Read More
Ziina obtains CBUAE licenses across payments, stored value, exchange
News
Calendar Icon
October 22, 2026
Ziina obtains CBUAE licenses across payments, stored value, exchange
Read More
HUMAIN, DataVolt sign deal with Nebius to advance NEOM’s Oxagon AI infrastructure
News
Calendar Icon
October 22, 2026
HUMAIN, DataVolt sign deal with Nebius to advance NEOM’s Oxagon AI infrastructure
Read More
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
News
Calendar Icon
October 21, 2026
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
Read More