Neal Patel launches venture studio Blue-Sky Thinking

  • Date: 20-Feb-2024
  • Source: Consultancy ME
  • Sector:Technology
  • Country:UAE
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Neal Patel launches venture studio Blue-Sky Thinking

Neal Patel, the former managing director of Incubeta in MENA, has established Blue-Sky Thinking, a Dubai-based venture studio that helps start-ups and companies with concepting and launching new solutions.

“Blue-Sky Thinking is driven by a mission to facilitate visionaries and entrepreneurs in establishing transformative businesses,” said Patel.

The firm’s key offering revolves around helping businesses design and convert ideas into a minimum viable product (MVP). “We facilitate expertise, resources and experience sharing, aiming to convert ideas into tangible results within a three-month timeframe,” Patel explained.

Neal Patel, Founder of Blue-Sky Thinking

In the venturing space, the studio supports start-ups, as well as collaborates with corporations and government entities to assist with corporate venturing and the development of in-house ventures.

In addition, Blue-Sky Thinking extends its services to management consulting for more mature businesses seeking a path to exit, offering resources and expertise to guide businesses towards their next end state. “Our consulting offering also allows companies and governments to leverage venture-building practices for the development of proprietary products and technology.”

Speaking about the firm’s ambitions for the current year, Patel said that Blue-Sky Thinking has already signed on four launching clients, including start-ups in edtech, martech and generative AI, and aims to expand its portfolio in