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

SAL, Elm launch CargoGate services to enhance SAL stations' operational efficiency
News
Calendar Icon
September 3, 2026
SAL, Elm launch CargoGate services to enhance SAL stations' operational efficiency
Read More
Snowflake commits $300mn to expand in Saudi Arabia through 2030
News
Calendar Icon
September 3, 2026
Snowflake commits $300mn to expand in Saudi Arabia through 2030
Read More
Axelerated Solutions, BIM Capital to establish SAR 675 mn investment fund
News
Calendar Icon
September 3, 2026
Axelerated Solutions, BIM Capital to establish SAR 675 mn investment fund
Read More
Sukna Capital to launch its second VC fund valued at $100mn
News
Calendar Icon
September 3, 2026
Sukna Capital to launch its second VC fund valued at $100mn
Read More
Saudi non-oil business surges to six-month high as PMI hits 53.8 in August
News
Calendar Icon
September 3, 2026
Saudi non-oil business surges to six-month high as PMI hits 53.8 in August
Read More
Takamol Holding launches ‘Tazamon’ to automate labor market procedures
News
Calendar Icon
September 3, 2026
Takamol Holding launches ‘Tazamon’ to automate labor market procedures
Read More
OmniOps, HPE sign MoU at LEAP 2026 on sovereign AI solutions development
News
Calendar Icon
September 3, 2026
OmniOps, HPE sign MoU at LEAP 2026 on sovereign AI solutions development
Read More
Neo Space Group partners with Arabsat to develop geospatial services across GCC
News
Calendar Icon
September 2, 2026
Neo Space Group partners with Arabsat to develop geospatial services across GCC
Read More
SABIC, Lenovo collaborate to drive industrial innovation
News
Calendar Icon
September 2, 2026
SABIC, Lenovo collaborate to drive industrial innovation
Read More
Mozn inks agreement with National Guard Ministry on AI at LEAP 2026
News
Calendar Icon
September 2, 2026
Mozn inks agreement with National Guard Ministry on AI at LEAP 2026
Read More