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Amman, Jordan –– Connecting top international, regional and local investors with some of the technology sector’s most promising entrepreneurs, Endeavor Jordan’s fourth annual DealMakers conference aimed to elevate the conversation on how both investors and business owners can collectively maximize the investment and divestment potential of Arab start-ups and scale-ups. Held November 7-8, DealMakers is an information and communications technology (ICT) investment matchmaking event.
Supported by Platinum Sponsor, Arab Bank, and Gold Sponsor-Telecom Partner, Umniah, DealMakers drew the participation of ICT and ICT-enabled companies, angel investors and venture capital firms from ten different countries. The event featured a series of conversations and collective design exercises, during which entrepreneurs and investors addressed business challenges and opportunities in an open dialogue, contributing to the design of a more efficient and dynamic deal-making ecosystem.
“The annual DealMakers event continues to be a highly-anticipated event for entrepreneurs and investors alike, given the vast learning and investment opportunities it provides,” said Rasha Manna, Managing Director of Endeavor Jordan. “Having prominent entrepreneurs come in and give personal accounts of their own journeys was especially beneficial, and I am sure participants walked out with a renewed sense of purpose and confidence in their startups.”
DealMakers kicked off with interactive workshops geared towards preparing entrepreneurs for fundraising, facilitated by Amsterdam-based THNK School for Creative Leadership. The event also featured discussions and keynote speeches by Endeavor Entrepreneurs and local business leaders, including: Co-Founder and Managing Director of Careem, Mudassir Sheikha; Ala’ AlSallal of Jamalon; Khalil Shadid of ReserveOut; Mohammed Shaker of ArabiaWeather Inc.; and Hussam Hammo of Tamatem Inc. DealMakers culminated with one-on-one speed networking sessions, during which entrepreneurs sat with investors for 15 minutes each over the course of two hours to pitch their businesses.
“As always, the event drew the participation of many great entrepreneurs, said Omar Sati, Co-Founder and Managing Director of DASH Ventures. “There has been this misconception that there is a brain drain of entrepreneurs and quality startups, which have migrated to the Gulf, and that Jordan has lost its position as a regional tech hub. However, this event has proven otherwise.”
Find out more about the event, and read a full recap here on Endeavor Jordan’s website. View more photos from the event on Endeavor Jordan’s Facebook page.
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