EU-funded THE NEXT SOCIETY launches bespoke new programme supporting MENA entrepreneurs

November 16, 2020
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Businesses need customized services to navigate uncertainty and adjust to new market demands, especially in times of crisis. The new programme Ask an Angel offers a series of 1:1 meetings between founders and business angels, along with a set of Academies (group meetings) on key business topics.

The first Ask an Angel Academy marks the launch of the new mentoring programme: 19 entrepreneurs from the MENA region were invited to the European Angel Investment Summit, hosted annually by the European Business Angels Network (EBAN) and gathering +250 investors, innovators, policymakers and ecosystem partners. During the event, the class of entrepreneurs worked on their business model and investment strategy through closed-door dedicated sessions, as well as networked with peers, investors, and investment experts over seminars and roundtables.

The programme is a highly customized service aimed at supporting 25 start-ups from 6 countries in the MENA region during these times of uncertainty and challenges post-pandemic. Each entrepreneur receives up to 8 hours of virtual coaching by a business angel in the form of 1:1 sessions, and participates in 5 Academies delivered by top-notch entrepreneurs and relating to key topics for investment readiness: Customer Acquisition; Validation & Prototyping; Financial Planning, Entering new Markets; Pivoting.

 

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Press release

THE NEXT SOCIETY – Website and Facebook page

Countries covered:

  • Algeria
  • Egypt
  • Jordan
  • Lebanon
  • Morocco
  • Palestine *
  • Tunisia