In the heart of the UAE’s ambitious vision for the future lies a clear commitment to innovation. The Mohammed Bin Rashid Innovation Fund (MBRIF) stands as one of the country’s most forward-thinking initiatives,  a bold move by the government to support cutting-edge ideas and entrepreneurs who can transform key sectors of the national economy.

Established by the UAE Ministry of Finance and managed in collaboration with Emirates Development Bank (EDB), the MBRIF is a federally backed fund with AED 2 billion allocated to support innovation. Its mission goes beyond just financing, it’s about nurturing a sustainable, knowledge-based economy by empowering innovators from across the globe.

What Makes MBRIF Unique?

Unlike traditional investment funds, MBRIF is not here to take equity or control of your business. It’s designed to enable growth, unlock access to capital, and help you scale from within the UAE, whether you’re a homegrown startup or an international company expanding into the region.

MBRIF targets sectors that are central to the UAE’s strategic priorities: renewable energy, health, education, space, technology, transport, and water. If your company is developing groundbreaking solutions in any of these areas, you could be a strong candidate for MBRIF support,  regardless of where you are based.

The Two Pillars of MBRIF

The fund operates through two distinct programs, each serving a specific need in the innovation journey.

The Guarantee Scheme helps startups and SMEs access debt financing through UAE banks, even if they lack traditional collateral. By offering government-backed loan guarantees, covering up to 90% of the loan value,  MBRIF gives entrepreneurs the financial credibility to secure funding without giving up ownership of their company.

On the other hand, the Innovation Accelerator is a non-financial support platform tailored for innovative businesses. Through coaching, mentorship, pitch readiness, and business development assistance, the accelerator opens doors to new markets, partners, and strategic networks. It’s an especially valuable program for companies that are in early stages or looking to fine-tune their market approach before raising funds.

Who Can Apply?

MBRIF is open to both UAE-based and international businesses, provided there is a clear intention to grow operations in the UAE. What matters most is innovation,  whether in your product, service, business model, or delivery mechanism. The application process is competitive, with periodic cohort intakes. Applicants go through a multi-step selection process that includes a thorough review, pitch session, and due diligence.

MBRIF does not limit eligibility by nationality, which makes it an attractive option for entrepreneurs from around the world who see the UAE as a strategic hub for expansion.

Why Consider the MBRIF?

Accessing MBRIF is more than just tapping into funding — it’s about becoming part of the UAE’s innovation ecosystem. Businesses supported by the fund benefit from increased visibility, government endorsement, and entry into a high-impact network of partners, mentors, and investors. It’s a platform that helps promising ideas turn into scalable, sustainable businesses with a presence in one of the most dynamic markets in the world.

Whether you’re building a MedTech solution, a water-saving system, or a new mobility platform, the MBRIF can provide the boost you need to get your idea off the ground, or to the next level.

Ready to Take Your Innovation Further?

If you’re an entrepreneur with a transformative idea and a vision to scale in the UAE, now is the time to act.
Explore the opportunities offered by the Mohammed Bin Rashid Innovation Fund and start your application today.

👉 Visit MBRIF’s official website to learn more and apply

This article is drafted by Marco Marazzi, Business Solutions Legal Advisor at Bizzmosis Group