Abu Dhabi Investment Office offers startups $41mln in AgTech incentives – United Arab Emirates

The state-run Abu Dhabi Investment Office (ADIO) has rolled out $41 million worth of incentives for three agriculture technology (Agri tech) companies under its AgTech Incentive Programme, ADIO’s Director General said.

In April, ADIO had laid out $100 million worth of incentives for four companies – AeroFarms, Madar Farms, RNZ and Responsive Drip Irrigation (RDI).

Tariq Bin Hendi told Zawya that the AgTech Incentive Programme is focused on supporting innovators developing agriculture solutions that are locally relevant and globally exportable.

(LINK).