in5 has announced the introduction of a brand-new dedicated space to accommodate angel investors, venture capitalists and institutional investors at the heart of in5 Tech centre in Dubai Internet City.
An extension to in5’s current offerings, the permeant space will enable investors to directly engage startups at in5 for funding and partnership opportunities, enhancing Dubai’s global status as an attractive destination for investment and entrepreneurs. The announcement was made at Step Conference 2022.
The first-of-its-kind space provides the growing volume of investors entering the UAE’s business ecosystem a common meeting and working ground to engage one another as well as ambitious entrepreneurs at the heart of a thriving startup community. The addition to the enabling platform’s framework aims to further empower entrepreneurs with unimpeded access to potential investment opportunities and coaching sessions to stimulate growth and innovation.
Located at in5 Tech – Dubai Internet City, the space offers flexible office solutions to independent investors and VC organisations alike. Common areas and fully equipped meeting rooms will provide members spaces to connect and engage in5 startups as well as peers.
A digitally enabled live feed portal will also report real-time insights and funding rounds to identify investment prospects and aspiring unicorns.
in5 offers a lively calendar of events, including specialised networking events, expert-led keynotes and coaching workshops to nurture a new generation of investors within the region. Even entrepreneurs can benefit from the expert-led training seminars to improve their pitches, seek insightful advice and empower their success.
Speaking about the latest addition to in5, Majed Al Suwaidi, Managing Director of Dubai Media City, said: “Over the past twenty years, Dubai has successfully created a globally competitive business ecosystem and emerged as an attractive destination for entrepreneurs and investors from around the world. Comprehensive physical and digital infrastructure and an enabling business framework have cultivated a fertile environment for talent and startups to grow, thrive and innovate, and in5 plays a significant part in providing them a supportive platform from which to launch.
“Facilitating access to funding has always been an integral part of our offerings – it is what enabled our startups reach new milestones and grow regionally and internationally. It is important for us to keep adapting our offerings in step with the evolving global investment landscape, and the latest addition to in5’s key benefits is an innovative solution to continue nurturing the region’s rich and ambitious entrepreneurial spirit.”