Jun. 5, 2014 – MANAMA, Bahrain — The Kingdom of Bahrain has taken great steps in broadening the horizons of its country’s economy. And so far, it’s doing a great job. With its vast urbanized transportation and communication facilities, the Kingdom of Bahrain is home to several multinational corporations and businesses in the western shores of the Persian Gulf.
It is no surprise then that the Middle East and North Africa (MENA) Angel Investors Conference chose the Kingdom of Bahrain as its venue. Indeed, there’s more to oil and construction in that powerful kingdom – there’s also financial innovation.
The MENA Angel Investors Conference opens the door to individuals and companies interested to expand and diversify their business portfolio in the region. The conference’s main objective is to provide opportunities for promising firms within the MENA region to pitch their awesome ideas to prospective investors.
“Angel investments are typically high-risk,” says David Drake, chairman and founder of The Soho Loft, “what angel investors are looking for is a good team and a good market.”
The MENA Angel Investors Conference aims to help potential investors and businesses learn the ins and outs of angel investments. It also provides the perfect venue to build relationships for prospective deal syndications and partners for expanding portfolio companies in the region. Investors shared their insights on their early-stage investment experiences. The conference had a good number of workshops for entrepreneurs, with topics revolving on how to present and network with potential investors. It was also the best time to learn aboutthe best practices when investing in early-stage businesses.
The top 30 early-stage firms from the MENA region were invited to pitch during the event. These are exciting times and great opportunities await many businesses in the thriving economy in MENA. On 2 June 2014, the participants had the privilege to go on one-on-one visits to study the business development opportunities.
“This is a great way to educate and inform the new breed of entrepreneurs about other opportunities for financing and success,” adds Drake.
Link to press release