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Wednesday, November 27, 2024

Home Business Abu Dhabi Investment office allocates $272m to 37 companies

Abu Dhabi Investment office allocates $272m to 37 companies

by News desk
February 13, 2022
in Business

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The Abu Dhabi Investment Office (ADIO) has kicked off 2022 with three new Innovation Programme partnerships, bringing total incentives awarded to date to Dh1 billion.

Fairwater Capital, Frontera Capital, and COFE App join a total of 37 companies benefitting from ADIO’s Dh2 billion Innovation Programme since its 2020 launch.

The Innovation Programme companies operate in high-growth, tech-focused industries, with 13 in the information & communications technology (ICT) sector, nine in agriculture technology (AgTech), eight in health services & biopharma, and seven in financial services. The programme is fuelling the development —.Zawya News