With More than USD 4m Raised by Promising Entrepreneurs through Beban,

With More than USD 4m Raised by Promising Entrepreneurs through Beban,

Hope Ventures, the investment arm of Hope Fund and producers of the entrepreneurial investment show and the region’s 1st private-public investment platform ‘Beban’, announces the successful conclusion of its third season which aired on Bahrain TV, AlRai TV, Abu Dhabi TV, Saudi Broadcasting Authority Channel (SBC), Oman Cultural TV, and the region’s leading video-on-demand platform, Shahid. The season was filmed in the Middle East’s newest exhibition and convention centre, Exhibition World Bahrain (EWB). It showcased 41 businesses comprising of over 100 entrepreneurs from across the MENA region as they pitched in front of a panel of regional, reputable investors for equity investment and strategic business development opportunities that can accelerate their growth into new markets.Prior to pitching on the show, the entrepreneurs had undergone over 200 hours of extensive training by industry experts to develop and grow their businesses and ensure their readiness to participate in Beban.Out of the 41 businesses that pitched on Beban Season 3, 20 had successfully fundraised, making the season’s total investments USD 4,180,000 co-invested by the private and public sectors alongside one another. The businesses who secured investment comprised of 4 key sectors: technology, manufacturing, food & beverages, and retail.Through Beban Season 3, the show