The UAE is strengthening its position as a startup and industrial hub with a new funding push. Emirates Development Bank (EDB) has announced plans to approve between Dh8 billion and Dh9 billion in financing in 2026.
This move is designed to support businesses across key industrial sectors and give a strong boost to startups and small and medium enterprises.
The announcement was made by EDB’s chief executive, Ahmed Al Naqbi, during a media briefing in Abu Dhabi. He confirmed that the bank’s funding pipeline is on track and will continue as planned throughout the year. Even with ongoing regional tensions, the bank does not expect any change in its strategy or funding commitments.
This stability sends a clear message to founders and investors. The UAE remains committed to long-term economic growth and industrial development.
A major funding engine for startups and SMEs
Emirates Development Bank plays a central role in financing businesses that are critical to the UAE’s future economy. Its funding supports companies at different stages, from early stage startups to large industrial players. However, startups and SMEs remain a key focus area, especially those working in sectors that align with national priorities.
The new Dh9 billion funding allocation will flow into areas such as manufacturing, infrastructure, advanced technology, food security, and healthcare. These are not random choices. Each sector solves a real economic need and helps reduce dependence on imports and oil revenues.
For startup founders, this creates a clear direction. If a business is building solutions in deep tech, industrial automation, health innovation, or food systems, it has a higher chance of accessing structured funding and government support.
Built on the foundation of Operation 300bn
This funding plan is not a one-time effort. It is part of a larger national vision under Operation 300bn, the UAE’s industrial strategy launched in 2021. The goal is to increase the contribution of the industrial sector and position the country as a global manufacturing hub by 2031.
Since the launch of this strategy, Emirates Development Bank has already disbursed Dh26 billion to support local industries. This shows consistent execution rather than just policy announcements.
For startups, this consistency matters more than anything else. It reduces uncertainty and builds confidence. Therefore, founders can plan long term, raise capital, and scale operations knowing that government-backed funding will continue to support the ecosystem.
Make it in the Emirates forum to unlock new opportunities
The timing of this funding push is important. It comes just ahead of the Make it in the Emirates forum, one of the UAE’s largest industrial events. The event is expected to host more than 1,000 companies, with a strong presence of small and medium enterprises.
Officials have also indicated that new funding initiatives and opportunities will be announced during the event. This makes it a key platform for startups to connect with investors, government entities, and large industrial buyers.
For early-stage companies, such platforms are critical. They do not just provide visibility but also open doors to partnerships, contracts, and long-term growth opportunities.
What this means for startup founders in the UAE
This funding push is more than just a financial update. It reflects a clear shift in how the UAE is building its economy. The focus is moving from oil to innovation, manufacturing, and technology-driven industries.
For founders, the message is simple. There is strong government support, available capital, and growing market demand. However, success will depend on alignment. Startups that solve real industrial problems and operate in priority sectors will benefit the most.
This also changes how startups should think about growth. Instead of focusing only on consumer apps or global expansion, there is now a strong opportunity in building industrial and enterprise solutions within the region.
