The effort, which builds on the current memorandum of understanding (MoU) between KFED and the council, seeks to use a holistic strategy to draw in, nurture, and assist cybersecurity firms. The framework will give entrepreneurs access to experts, investors, and important industry stakeholders, as well as specialized mentoring and partnership-building opportunities.
In the meanwhile, CyberE71 will give companies access to alliances, market prospects, and specialist knowledge to help them compete on a worldwide scale.With the goal of assisting entrepreneurs in creating cutting-edge technologies, growing their companies, and enhancing the nation’s standing as a regional and international cybersecurity hub, the UAE has started a specialized national initiative to accelerate cybersecurity startups.
As part of a comprehensive acceleration program, the project, which was started by the Khalifa Fund for Enterprise Development (KFED) in collaboration with the UAE Cyber Security Council, would give businesses access to investors, strategic collaborations, and mentorship.
The announcement was made at an event held at MZN Hub Al Ain, which was attended by Mouza Obaid Al Nasri, CEO of the Khalifa Fund for Enterprise Development, and Dr. Mohamed Al Kuwaiti, Head of Cyber Security for the UAE Government.
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