El Gouna, Egypt – The Middle East Angel Investment Network (MAIN), a regional network of angel investors, networks and funds focused on promoting investment in startups across the Middle East and North Africa, today announces the launch of the 1st Annual Summit to be held in El Gouna on the 1st and 2nd of November 2018.
Earlier this year, the Deutsche Gesellschaft fur Internationale Zussamenarbeit (GIZ), on behalf of the German government, entered into an agreement with MAIN to offer technical, administrative and financial support over the coming two years.
MAIN has also partnered with Orascom Development (ODE) as destination partner and have agreed to host the inaugural summit for MAIN in El Gouna, ODE’s flagship town which is the first destination in Africa and the Arab Region to be awarded the Global Green City Award by the United Nations Environment Program. El Gouna is not new to hosting renowned international events and will act as an inspirational platform for innovative minds to come together.
The Summit will bring together leading angel investors, venture capital firms and industry experts to talk about the latest industry developments in FinTech, CleanTech, HealthTech and TransportTech and will provide three separate tracks of masterclasses that will target beginner, intermediate and advanced angel investors.
Aly El Shalakany, Chairman of MAIN, said: “We are very pleased to have launched MAIN and to be able to host the 1st annual summit in El Gouna. Apart from the support and commitment of our primary partners, GIZ and ODE, turning this dream into a reality would not have been possible without the generosity and dedication of all of the leading angel investing groups, VCs and accelerators in the region, as well as the support of all of our education, location, media and transportation partners”.
Khaled Bichara, CEO of Orascom Development, said: “El Gouna is happy to be hosting the first annual summit for MAIN. For all Orascom Development projects whether in Egypt or abroad we aim to bolster and host events which serve as pioneering platforms for various fields including culture, sports or economic industries. This is a means for us to maintain the sustainability of our projects, give back to the community and offer more to our residents. El Gouna is a place for entrepreneurs and motivated, driven individuals in search of a positive environment to better themselves and benefit respective communities.”