Neutral Fuels one of 7 to win a spot in Mohammed bin Rashid Innovation Fund Accelerator

In the UAE, Neutral Fuels, the Dubai-based company that converts locally sourced waste into locally consumed biofuel, has won a place on the Mohammed bin Rashid Innovation Fund Accelerator (MBRIFA). The program was established under the UAE Ministry of Finance to accelerate the expansion of pioneering, innovative businesses.

The company was one of just seven companies chosen from 159 applications representing 29 countries. Applicants underwent a rigorous process of screening, assessment, evaluation and shortlisting before the final cohort was chosen.