Biban 24 Forum Showcases Over 70 Incubators And Accelerators To Boost Entrepreneurial Collaboration

The Biban 24 Forum, themed "Global Destination for Opportunities," brought together over 70 local and international incubators and accelerators over five days. These organisations presented their innovative projects and success stories, aiming to enhance collaboration between entrepreneurs and investors while fostering innovation and economic growth in Saudi Arabia.

Asrar Al-Omiri, CEO of the E3qlha Incubator, highlighted the significance of Biban 24 for incubators and accelerators to showcase supported projects. She stated, "Biban 24 represents a significant opportunity for incubators and accelerators to highlight the projects they support." Their participation involved the Virtual Incubator 360, which displays success stories and aids projects in securing investment rounds.

Al-Omiri further explained that their goal is to attract entrepreneurs and provide an ideal environment for turning ideas into scalable ventures. This forum serves as a platform for engaging with potential investors and entrepreneurship supporters, offering a comprehensive setting for business growth.

Premier Event for Startups

Ghassan Halawa, Founder and CEO of Parachute16 Incubator, described Biban 24 as the leading event focused on entrepreneurship and rapidly growing startups. He noted that it draws extensive local and international participation, giving incubators a unique chance to present their projects directly to investors.

Opportunities in Fintech

Lama Ghalayini, Business Development Specialist at Fintactics Ventures Fund, stressed the forum's value for fintech startups exploring investment options. She mentioned that it introduces entrepreneurs to the fund’s importance in empowering startups to overcome financing challenges through innovative solutions that boost market growth.

The Biban 24 Forum successfully provided a platform where entrepreneurs could connect with investors. It facilitated discussions on transforming ideas into viable businesses, contributing significantly to Saudi Arabia's economic development landscape.

With inputs from SPA