ICT Fund

Details of the organization
  • The organization has a strategy for coordinating WSIS Implementation at the national level: Yes
  • The organization has a national e-strategy: Yes

Information about the project
ICT Fund
The Information and Communication Technology Fund is a new venture dedicated to advancing the UAE ICT sector, both regionally and internationally. It proudly stands as another example of the UAE's commitment to innovation and progress. The first of its kind in the Middle East, the ICT Fund is designed to fuel innovative research & development projects within the UAE ICT sector and to provide support, education and training in the field. With a firm belief that technology is the creative engine of all new opportunities, the ICT Fund offers funding to drive result-generating innovation which will have an impact on the region. The Fund’s objective is to drive the strategic development of the UAE ICT sector in order to strengthen the innovation and knowledge capital in the market by providing research, educational and entrepreneurial opportunities. The ICT Fund focuses its funding along with technical and advisory services on supporting the following core areas to create significant, sustainable innovation: • Incubators - nurturing business incubators in the UAE to support the development of new ideas and provide early stage startups with financing, management expertise and infrastructure support; • R&D projects - enabling researchers to carry out world-class research, both basic and applied, and advancing the level of theoretical understanding of ICT subjects as well as their real world applications; • R&D institutions - supporting the creation of high-quality R&D institutions in the UAE, which focus on basic and applied research and contribute positively to the ICT sector of the country; • Scholarships - providing educational scholarships to support the education of motivated and capable individuals who are keen to work in and contribute to the UAE ICT sector; and • Educational institutions - strengthening and setting up educational institutions that offer quality ICT-related courses and that will groom future talent for the country.
National implementation:
Ongoing from

WSIS information
* The role of governments and all stakeholders in the promotion of ICTs for development
      * ICT for sustainable development
      * National e-strategies
      * ICT in Parliaments
      * E-participation
      * Partnerships
* Capacity building
* Building confidence and security in use of ICTs
* Enabling environment
* ICT applications: benefits in all aspects of life
      * E-government
         * E-government strategies
         * E-government systems
         * Measuring e-government
         * Knowledge management
      * E-business
         * E-commerce and e-trade
         * Enabling environment
         * SME competitiveness
         * Technology and innovation
         * Supply chains and outsourcing
  • Eradicate poverty and hunger
  • Achieve Universal Primary Education
  • Promote gender equality & empower women
  • Reduce child mortality
  • Improve maternal health
  • Combat HIV/AIDS, Malaria and other diseases
  • Ensure environmental sustainability
  • Develop a global partnership for development
  • Programme
  • Fund
The project is being considered as contributing to the objectives of the ITU Connect the World initiative? Yes