OUR LATEST:

IBDA3'S DEMO DAY IS HERE, TUNE IN

INTRODUCING ACCELERATE SAUDI ARABIA

Launching Startup Accelerators and Investing Behind Innovation

VentureX

seeks to raise capital to launch accelerators across the Middle Eastern, & North African region, pushing the boundaries of innovation for the Arab World

We need an explosive growth of early-stage funding & accelerators in our region in all possible areas of focus.
Our region is in turmoil, with too many countries drowning in wars and internal social disruptions due to numerous reasons.

Our economic growth needs to be fueled by a new class of economic units that can deliver exponential growth to address our young minds' demands in schools today, or ones seeking a job in a market devastated by increasing unemployment.

A better tomorrow demands us to think in a manner that is totally different, and it is our opinion that developing accelerators to create thousands of startups is key to address our current, and future challenges.

Background

For the last couple of years, we have focused on building and deploying an innovative regional strategy starting from Jordan considering its unique economy, thriving startup landscape, readiness to adopt innovation, and the capacity to overcome challenges surrounding us.

In our opinion, the thinking is simple:
(a) advocate the importance of innovation for the region through introducing innovative funds to deliver solutions that address the region to be positioned as an "open lab”, inviting early adoption that can drive solutions globally, (b) introduce accelerators to build a pipeline of both startups and small enterprises that can accommodate investments and venture capital,
(c) increase the number of angel investors and fund managers capable of deploying capital across the multiple stages of a business, starting at the seed stage, and
(d) be inclusive in our approach and advocate for a less exclusive ecosystem.

Our experience is influenced by both a micro perspective at the level of managing an accelerator to a macro level when articulating our innovative strategy to deliver impact at the country level.

Our focus will be on one catalyst: building hundreds of accelerators across our region and all sectors.

Let us work together on that!

LET'S TALK!