SMEs, startups drive innovation: Experts – The Peninsula

SMEs, startups drive innovation: Experts – The Peninsula

There is a growth within the Middle East for the Venture Capital as it has a huge potential for the companies and technology-based businesses that are becoming viable and attractive. Small and medium sized enterprises (SMEs) are going to drive the business forward in the future which is mainly because of the trends that are beyond the energy, real estate fields and expanding in different sectors is a necessity discussed experts during an online event.

KiwiTech organised the Middle East Venture Fair event which brought together top-tier investors and leaders from the Mena region to discuss the state of venture capital in the Middle East. The event also featured a distinguished panel discussion and rapid-fire pitches from 6-8 premier Middle East-based startups from different industries undergoing disruption.

Dr. Hanan El Basha, Co-Director of Qatar Chapter, Founder Institute discussed about the rise and growth of Venture Capital in the Middle East. “VCs in the Middle East have grown in the last few years as there has been a collective awareness in the region. The role of startups and SMEs is that they drive innovation, employment, and agility of the markets. Over the past years due to the pandemic, we have seen that agility