Biban 24 Attracts Over 70 Incubators and Accelerators

Monday 11 November 2024
Biban 24 Attracts Over 70 Incubators and Accelerators

The Biban 24 Forum, held under the theme “Global Destination for Opportunities” over five days, attracted more than 70 local and international business incubators and accelerators, which presented their entrepreneurial projects and success stories. The forum aims to strengthen collaboration between entrepreneurs and investors and to provide an integrated entrepreneurial environment that helps drive innovation and economic growth in the Kingdom.
The CEO of the E3qlha Incubator, Asrar Al-Omiri, stated: “Biban 24 represented an important opportunity for incubators and accelerators to shed light on the projects they incubate.” She noted that their participation, through the 360 Platform virtual incubator, aims to showcase success stories and support projects in expanding through investment rounds, adding that the incubator seeks to attract entrepreneurs and offer them the ideal environment to turn their ideas into scalable entrepreneurial projects.
The Founder and CEO of the Parachute16 Incubator, Ghassan Halawa, emphasized that the Biban 24 Forum is the event most focused on entrepreneurship and fast-growing startups. He noted that the forum enjoys broad local and international participation, giving business incubators a distinctive opportunity to showcase their projects and connect directly with investors and entrepreneurship enablers.
The Business Development Specialist at the Fintactics Ventures fund, Lama Ghalayini, emphasized that the Biban 24 Forum offered a valuable opportunity for fintech startups to expand their investment prospects. She noted that the forum is an important platform for introducing entrepreneurs to the fund and its role in enabling startups to overcome financing challenges by offering innovative solutions that strengthen their growth in the market.

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