• UAE’s ATRC launches the ‘ATRC Global Tech R&D Platform’ at the World Governments Summit 2024, aimed at providing access to cutting-edge technology solutions worldwide.
• ATRC allocates a USD 200 million fund to accelerate innovation, particularly for emerging and developing nations, supporting initiatives across six priority sectors.
• Focused on fostering inclusive growth and global prosperity, the initiative invites applications from governments, organizations, and stakeholders worldwide, emphasizing collaboration and inclusivity to address unique challenges in a rapidly evolving technological landscape.
Abu Dhabi’s Advanced Technology Research Council (ATRC) unveiled the newly launched ‘ATRC Global Tech R&D Platform’ during the first day of the World Governments Summit (WGS) 2024, aimed at facilitating worldwide access to cutting-edge technology solutions.
ATRC allocates US$200 million in funding to accelerate innovation, particularly for emerging and developing nations, absorbing resource and research costs to empower these nations to keep pace with the latest advancements.
This initiative, driven by ATRC’s commitment to fostering inclusive growth and global prosperity, serves as a channel for countries to leverage the UAE’s technological expertise to address their unique challenges in an era of rapid technological transformation.
The ATRC Global Tech R&D Platform invites applications from governments, organizations, and eligible stakeholders worldwide, prioritizing collaboration and inclusivity.
Supported initiatives will receive backing in six priority sectors: Aerospace and Space; Food and Agriculture; Healthcare; Safety and Security; Sustainability, Environment, and Energy; and Transport.
Faisal Al Bannai, Secretary General of ATRC, emphasized the initiative’s profound global impact, stating: “Our commitment is to empower every nation with the means to thrive in this technology-driven world.”
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