Khalifa University Enterprises Company will include ‘Innovation Acceleration and Startups’ and ‘KU Ventures’, which will support establishing and operating non-IP technology companies. KUEC also includes the Endowment Fund that will allocate funding for investments and operations.
The mission of Khalifa University Enterprises Company is to boost and speed up business engagements with the University, to accelerate innovation and create an impact on the University's scientific research assets and resources. Furthermore, Khalifa University Enterprises Company will aim to encourage technology investors and entrepreneurs to partner with the University to commercialize its growing patent portfolio, in areas such as energy, advanced manufacturing, health, artificial intelligence and robotics, through creation of technology startups.
Established and structured in consultation with three partners, Khalifa University Enterprises Company will leverage the support of the leading asset manager, BlackRock, and global financial services leader JPMorgan. On the innovation side, Techstars will play a pivotal role in the growth and scaling of UAE startups.
The newly launched Khalifa University Enterprises Company is expected to work along similar lines, encouraging innovation and stimulating the creation of technology startups, while further motivating students and alumni to explore entrepreneurship based upon university research outputs.
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