(MENAFN- Mid-East.Info)
Abu Dhabi, UAE: Dal Global, a startup that seeks to make social impact intervention easily accessible and targeted to invest in the Sustainable Development Goals
and Works – a company that specialises in no-code enterprise grade critical systems, have announced a strategic partnership to create a robust digital networking ecosystem that brings together social entrepreneurs, NGOs and the public & private sector.
Under the terms of the agreement, Works will support Dal Global by deploying their cutting-edge technology to their online program. For its part, Dal Global will bring together donors and beneficiaries of goods and services, through a ratings-based system that is powered by data and algorithms to enable informed decisions.
Both Dal Global and Works have been part of the MBRIF Innovator Accelerator programme in 2021. Both the entities have accessed tailored mentorship and networking opportunities provided by MBRIF.
Speaking of the partnership, Fatima Al Naqbi, Ministry of Finance representative of MBRIF, said:“At MBRIF, we strive to empower our members and enable them to build synergies with other like-minded innovators. The collaboration between Dal Global and Works is a great example of the collaborative mindset of our members to make a positive impact on the society. We are proud to be part of this process and to be able to provide them with avenues to explore new ideas and expand their presence in the market.”
Commenting on the agreement, Hasnaa Kebouri, Founder of Dal Global Ltd, said:“We are delighted to align with an innovative technology that will enable a faster, flexible and a transparent way to impact and digitize the social enterprise.”
Works Platform CEO, Mohammed Yassir Houmame, said:“This partnership is an excellent opportunity to give back to the community and a very effective way for our technology to impact the lives of those who need it most positively.”
Set up in the UK in 2020, Dal has created an ecosystem of NGOs and Multinational companies working on various social projects aligned with the SDGs. Whereas, Works was set up in 2017 and is used in more than ten countries to implement large and critical Enterprise and Government Software Solutions without the need for coding.
About the MBRIF:
The Mohammed bin Rashid Innovation Fund (MBRIF) is a federal initiative launched by the Ministry of Finance and is operated by Emirates Development Bank. Since its launch in 2016, the MBRIF has supported innovators through its first program, the Guarantee Scheme, which offers members access to affordable funding through a government-backed guarantee and without taking equity.
The MBRIF's second program, the MBRIF Accelerator, was launched in December 2018. Aligned with the UAE National Innovation Strategy, the initiative aims to enhance growth potential of innovative businesses shaping the future of UAE's economy. The MBRIF Accelerator offers world-class services and coaching to member companies to accelerate their business, elevate capabilities, unlock value and achieve scale.
Additionally, the MBRIF partners with the public and private sector to help facilitate growth, provide support, create opportunities and pave the way to success for its member companies in the UAE.
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