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

Qassim University launches 5th Innovation Incubator Program to boost startup ideas
News
Calendar Icon
February 26, 2026
Qassim University launches 5th Innovation Incubator Program to boost startup ideas
Read More
Saudi Arabia to host MIPIM Middle East 2026 in October
News
Calendar Icon
February 26, 2026
Saudi Arabia to host MIPIM Middle East 2026 in October
Read More
Saudi Arabia to launch 1st AAM test site in Riyadh
News
Calendar Icon
February 26, 2026
Saudi Arabia to launch 1st AAM test site in Riyadh
Read More
Sitecore deploys SitecoreAI platform in Saudi Arabia, UAE
News
Calendar Icon
February 25, 2026
Sitecore deploys SitecoreAI platform in Saudi Arabia, UAE
Read More
Accenture expands Saudi operations with new innovation hub at KAFD
News
Calendar Icon
February 25, 2026
Accenture expands Saudi operations with new innovation hub at KAFD
Read More
Ford eyes local manufacturing in Saudi Arabia as sales surge
News
Calendar Icon
February 25, 2026
Ford eyes local manufacturing in Saudi Arabia as sales surge
Read More
ASMO, Arcapita to build 1.4 mn sqm logistics facility in SPARK
News
Calendar Icon
February 25, 2026
ASMO, Arcapita to build 1.4 mn sqm logistics facility in SPARK
Read More
Saudi companies revisit IPO plans as market conditions stabilize
News
Calendar Icon
February 24, 2026
Saudi companies revisit IPO plans as market conditions stabilize
Read More
HUMAIN begins installing Qualcomm AI racks at data center
News
Calendar Icon
February 24, 2026
HUMAIN begins installing Qualcomm AI racks at data center
Read More
Saudi Arabia allows limited exemptions to regional HQ rule
News
Calendar Icon
February 23, 2026
Saudi Arabia allows limited exemptions to regional HQ rule
Read More