Monday 20, March 2017 by Jessica Combes

Top venture capitalists extend support to AIM Startup 2017

The Inaugural AIM Startup 2017 is set to take place from 2-4 April, 2017 at the World Trade Centre, Dubai. 

 

The event is being held alongside the seventh edition of Annual Investment meeting and will host over 100 Startups, investors, government officials and business leaders from around the world, under one roof.  

An initiative of the UAE Ministry of Economy AIM Startup 2017 will include an exhibition area, pitch competition, full day conference and workshops.  AIM Startup’s special luncheon, ‘Emirates of Tomorrow’ will host University Students and Entrepreneurs from the UAE and GCC, to expose them to the viable resources available to them through a growing UAE ecosystem.  

“The United Arab Emirates is a country that was founded on innovation, forward thinking and a government’s great vision and willingness to implement initiatives that has today positioned the UAE among one of the most competitive economies worldwide. In celebration of innovation, which is deeply embedded in our heritage, the UAE formally extends a warm welcome to the innovators and pioneers of the world who aspire to create solutions to the challenges we face globally. Set up under the framework of the Annual Investment Meeting, we are launching AIM Startup to encourage our next generation of leaders to pursue initiatives that will create sustainable growth on a global scale,” said HE Sultan Bin Saeed Al Mansouri, the UAE Minister Economy. 

Startups from all across the world will be exhibiting at the event and 25 of which will be selected to take part in the Pitch competition, which seeks to award the top participants with cash prizes totalling 30,000 USD. Additionally, other great prizes will be granted to participating startups, such as a an investment of up to 500,000 USD, awarded by AIM Startup’s ‘Official Venture Capital Partner’ Turn8, provided that the startups meet the TURN 8 criteria for investment and also a Business Strategy Session with investors Jake Zeller and Parker Thompson, aka Startup L Jackson, of AngelList will also be awarded to a top startup.

Competition jury members include renowned investors such as Kamal Hassan, Founder – Turn8, Fahad Al Sharekh, Managing Partner, TechInvest and Manish Patel, Partner, Highland Capital Partners and many more.  

AIM Startup is held in association with Dubai SME. For more information about the UAE Government’s support for the local Startup eco-system, Dubai SME can be visited on site at their exhibition booth and during the various features, where they will have heavy participation.

AIM Startup’s Community Partners include Dtec, Impact Hub, The Cribb and 1776 as well as various investor partners, including the Dubai-based WOMENA network.

 

 

  

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