- The Annual Investment Meeting and Emirates Angel Investors Association agree to turn UAE into a thriving base for startups.
- The collaboration is expected to create a positive impact on the United Arab Emirates’ startup ecosystem.
- The partnership will link startups with a wide network of investors, as well as the necessary resources and mentorship.
The Annual Investment Meeting (AIM) and Emirates Angel Investors Association (EAIA) have joined forces to strengthen their efforts towards promoting startups. The collaboration between AIM and EAIA is expected to create a positive impact on the United Arab Emirates’ startup ecosystem. The UAE has been a fertile base for establishment and growth of startups.
The partnership will provide startups with access to a wide network of investors. Benefitting entrepreneurs will also access necessary resources and mentorship to help them grow and succeed.
Commenting on the partnership, Director General of AIM Walid A. Farghal said, “The purpose of the partnership is to enhance investment opportunities in the UAE. By partnering with the Emirates Angel Investors Association, we hope to facilitate this growth and help create an environment where innovation, entrepreneurship, and investment can flourish.”
Create dynamic startups’ ecosystem
“We are confident that this partnership will provide new opportunities for investors to get involved and create a more dynamic ecosystem that will enable individuals and organizations to be inspired to invest in the region,” he added.
AIM has been at the forefront of promoting investment in emerging markets. And with this partnership, it seeks to foster a vibrant environment of innovation and entrepreneurship in the UAE. The EAIA, on the other hand, has been promoting angel investment and mentorship in the UAE since 2010.
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Together, the two organizations will create synergy, providing startups and entrepreneurs with the necessary support for growth.
As part of the partnership, AIM and EAIA will also be organizing events, workshops, and training programs. These forums will help startups and entrepreneurs gain a deeper understanding of UAEs investment landscape.
The events will bring together prominent investors and entrepreneurs from around the world to share their insights and experiences. This move will go a long way in creating a vibrant ecosystem for innovation and investment.
Opportunities for growth and development
The collaboration between AIM and EAIA will also attract a large number of investors and entrepreneurs to the region, creating new opportunities for growth and development.
The EAIA is a non-profit founded in 2020, officially registered under the Ministry of Community development in the UAE. Currently, the UAE is leading the startup scene in the MENA region with regards to the number of companies funded and the capital invested in startups.
“Our aim is to positively contribute to the early stage investment ecosystem through our investors network, focusing on tech-based startups,” EAIA chairman Masaood Al Masaood said.
