The UAE-based non-profit group, Emirates Angel Investors Association has launched the Business Directory on their mobile app with an aim to help both startups and investors to find the perfect funding opportunities.
The new business directory will include a list of tech startups, making it easier for angel investors to search for investment opportunities in these startups, while at the same time enabling these startups to reach angel investors.
“The launch of the business directory came in the belief of the association that there should be a unified database for startups that helps angel investors to directly access these startups and creates allow communication between all parties in the ecosystem. We believe that the uAE is the best place for angel investors and entrepreneurs, due to the unlimited support provided by the wise leadership of the UAE and all concerned parties, especially the Ministry of Economy.”
For his part, Mr. Abdullah Al Saleh, Undersecretary of the Ministry of Economy stressed the importance of the startup sector in the country and further praised the role played by the Emirates Angels, whether through investing in startups or through events and programs organized by the association.
The UAE is a leader in the Middle East and North Africa (MENA) region in the field of startup and deals, as in the first quarter of 2021, 11 investment deals worth $130 million were signed. It was also able to conclude 129 investment deals worth $579 million by the end of 2020.
The mobile app can be downloaded from the Apple AppStore, Google PlayStore and Huawei AppGallery. Registration in the business directory is free for all startups in the UAE.