14 Promising UAE Businesses are Selected to Pitch on Beban for Investment Opportunities
Beban, Bahrain’s first entrepreneurship-themed reality show produced by Hope Ventures, the investment arm of Hope Fund, selects 14 promising businesses from the United Arab Emirates to advance to pitch their business for equity investment opportunities on season 2 of Beban TV show.
This comes following the announcement of the show’s expansion to the UAE through Hope Ventures’ partnership with the UAE’s Ministry of Economy and The Entrepreneurial Nation to accelerate the growth of entrepreneurs and SMEs across the region.
In preparation for the show, the shortlisted entrepreneurs will receive training through a customized bootcamp delivered by international venture capital startup accelerator ‘Brinc MENA’. Through their participation in the bootcamp, UAE-based entrepreneurs will further develop their businesses before getting to pitch for equity investment and strategic business development opportunities on Beban 2.
Commenting on the bootcamp, Fajer Al-Pachachi, General Manager of Hope Ventures, shared: “The businesses we have shortlisted from the UAE are of a promising caliber, and the bootcamp will support them in their preparations to be part of the show. Our expansion to the UAE is aligned with our efforts to empower businesses to scale in regional and international markets and strategically accelerate their growth. We’re excited to have begun witnessing cross-border knowledge and expertise sharing among UAE and Bahrain entrepreneurs.”
Yasin Aboudoud, Managing Partner, and Chief Development Officer at Brinc MENA, also said: “We have been impressed by the progress of the Bahraini participating companies during the bootcamp, and we are excited to expand that work with more promising companies in the UAE, as well as to continue supporting Beban and Hope Ventures’ mission to create more investment possibilities for these young companies and founders.”
Hope Ventures thanks His Highness Shaikh Nasser bin Hamad Al Khalifa, representative of His Majesty the King for Humanitarian Affairs and Youth Affairs, for His guidance and unwavering support that led to the creation and development of Beban, which contributes to the shaping of a robust, regional investment ecosystem.
To stay up to date with all-things-Beban, make sure you follow the show’s accounts on social media @bebantvshow. You can also contact the Hope Ventures team via e-mail at (hello@hopefund.bh) for further support and guidance.