As we discussed at length recently in our Why MENA blogpost, the MENA region is a very exciting area to be working with a lot of potential. That was only reinforced for us at our recent visit to the Web Summit where we spoke to numerous investors and entrepreneurs from around the world.
That’s not to say the entrepreneurship ecosystem is perfect – far from it! Funding is a serious issue for startups to overcome and we think Hasan Haider, the Founder of Tenmou and Venture Partner at 500 Startups, hit the nail on the head with this fantastic blog post. We encourage you to read it to get an idea of what needs to be done to improve the funding ecosystem in MENA.
If you want to explore the funding ecosystem in the Middle East, we encourage you to sign up for the 500 Startups’ Premoney conference on 9th December in Bahrain. Bringing together investors from around the Middle East and the world, the conference will delve into the issues the region faces and how to solve them.