Founding and building a business in the Middle East (MENA), can be an extremely challenging task. Many entrepreneurs and investors have preconceived notions of the MENA region’s receptiveness to entrepreneurship and business development. However, studies and statistics show that businesses of all sizes and sectors, if they make the proper preparations, can thrive in the MENA region.

With the right guidance, small business owners and startups can help avoid some of the costly mistakes that others experience in the area. “Incubators, together with networks of Angel Investors and Venture Capital Funds, adept at investing in early-stage companies, are absolutely essential to creating and sustaining entrepreneurship within the MENA region,” EhsanBayat, Afghanistan’s leading business executive and philantrophist said.

John Mullins, an Associate Professor of Management Practice at the London Business School agrees with the upbeat assessment of entrepreneurship opportunities within the MENA region. Professor Mullins said, “…It is entrepreneurs and their fast-growing companies who will create nearly all of the region’s new jobs going forward, and it is entrepreneurs who will make available goods and services found elsewhere that are not yet available here.”

Source Credit: CEO World
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