Continuous Ventures, an Ireland-based venture capital firm and accelerator that specializes in supporting high-potential startups in the tech space, has become a strategic partner of the NextGen FDI initiative, which aims to attract pioneering global companies to the UAE.
According to the statement, Continuous Ventures will support the initiative’s mission in three core ways: to use its knowledge to assess potential program entrants, offer go-to-market strategies for recently onboarded companies, and introduce their startups to the initiative.
Continuous Ventures will initially support high-potential UAE-based startups within its Dubai and Abu Dhabi offices, with plans to expand into a larger campus-style facility in DIFC as the program scales with client and investment partners.
Dr. Thani bin Ahmed Al Zeyoudi UAE Minister of State for Foreign Trade
“The partnership underscores the UAE’s commitment to becoming a global leader in innovation and entrepreneurship. This collaboration with Continuous Ventures will play an important role in our efforts to make the UAE the destination of choice for pioneering enterprises at every stage of their growth journey. As we accelerate our economic diversification efforts, our ability to nurture new ideas, new capabilities, and new ventures, particularly in high-potential sectors such as med-tech, renewable energy, advanced manufacturing, agri-tech, and trade tech, will support our ambition to develop an economy based on knowledge and innovation.”
Dr. Al Zeyoudi stated that the experience of Continuous Ventures will help NextGen FDI companies leverage the opportunities in the local and regional market and introduce new enterprises to its network.
Colin Meagle, Founding Partner of Continuous Ventures, said that, “The UAE is an ideal base for our headquarters due to its forward-looking approach to technology and innovation. Through our partnership with NextGen FDI, we can help homegrown startups compete on a global stage, transforming local ideas into world-changing companies. This collaboration marks an exciting new chapter for us, and we’re honored to contribute to the UAE’s journey towards becoming a world leader in tech innovation.”
