The Dubai-based conglomerate A.R.M Holding, with investments in a variety of sectors including real estate, education, and telecommunications, launched a AED 10 million fund to support startups that are creating a positive social and environmental impact, conceptualized by graduates participating in Prototypes for Humanity.
In line with the Emirate’s vision to increase the flow of international talent into the country, the fund will support selected projects addressing sustainable development challenges.
Commenting on A.R.M. Holding’s involvement, CEO Mohammad Al-Shehhi said:“This initiative and A.R.M. Holding’s involvement are indicative of the type of economic and social enablement that drives our business and investment strategy. Through the fund, priority will be given to students who want to bring their inventions to life in the Emirate.”
He added: “The Prototypes for Humanity team will maintain a role to support the projects creation by ensuring that concepts and ideas find the ideal development platform and expertise in Dubai. We are very excited to be a part of this highly anticipated event and are delighted to extend this fund in support of the show and the students that are participating.”
A.R.M. Holding collaborates with like-minded organisations and leverages its network and partnerships to create meaningful relationships and create growth opportunities. It holds equity stakes in some of Dubai’s foremost companies in a variety of economic sectors including Banking, Telecom, FMCG, Property, and Hospitality.
Investing in Real Estate since 1976, A.R.M. Holding has contributed to society with significant investments in numerous industries and versatile projects across the region and internationally.