Dubai AIM Startups, one of the biggest Startup Investment event in the region organised by UAE Ministry of Economy, now open for Indian Startups to participate. The UAE has been hosting this Annual Investment Meeting for few years now, however this will be the first time Indian startups will get an opportunity to participate in this international mega investment summit. The India leg of the summit will be organised by GREX through an MoU between the parties.
To recall, GREX and AIM Startup, an initiative of UAE Government, have signed an MoU, in September last year, to provide better access for Indian companies to the markets in MENA region (Middle East and North Africa region), and forge meaningful relations with business leaders, investors and international Government entities.
GREX has connected with various ecosystem partners like IIT campuses (Mumbai, Kanpur, Madras & Guwahati), T-Hub, CIE-IIIT, 91Springboard etc. and various State Government projects like Kerala Startup Mission, Rajasthan iStart etc to partner and host these events in their respective regions. Even some domestic VC Funds have joined this initiative and will look at possible investment opportunities through the competition for Startups.
Mr. Jayesh Ranjan, Principal Secretary Industries & Commerce & IT, Government of Telangana quoted “Government of Telangana has always been on the forefront of providing various opportunities for startups to grow. We congratulate UAE Ministry of Economy for this wonderful initiative i.e. Dubai AIM Startup and are happy that GREX is bringing this international program to India. I am confident this program will give valuable international exposure and access to global investors to our startups. And therefore, encourage our startups to participate.”.
Dr Saji Gopinath, CEO, Kerala Startup Mission quoted “Kerala has long standing business relationship with Arab Nations. The Dubai AIM Startup Summit is a great opportunity for the new generation startup entrepreneurs from the State to explore the avenues in MENA region and to Foster meaningful business linkages. It is heartening to see the good efforts of GREX for being a great catalyst in linking startups from India with burgeoning investment opportunities in the GCC countries. Such international exposure and linkages would go a long way in further strengthening competitiveness of our startup ecosystem.”
“We at Cornerstone Venture Partners are excited to participate in the AIM Startup’s Annual Innovation Showcase and Pitch Competition, brought to India by GREX. We look forward to meet and interact with startup founders who are focusing on digital technologies that will drive the future growth. Keeping in mind Opportunity Size, Ease of Scale, Team’s Capability, and Monetizability / Ease of Exits.
We wish the GREX and Dubai AIM Startup event all the success. Let’s AIM Winning Together!”, thoughts shared by Mr. Rajiv Vaishnav, Managing Partner, Cornerstone Venture Partners.
Mr. Dawood Al Shezawi, Chairman, Organizing Committee AIM Startup 2019 said, “Disruptive ideas have turned thousands of Indians to be passionate innovators. This is evident with the impressive number of startups formed in India in 2018. We have to match their passion with a platform that will encourage and support their ideas to become a reality. This is exactly what AIM Startup has been committed to since its inception in 2017.
For its third edition, AIM Startup 2019 will once again welcome the most brilliant minds and link their ideas with genuine investors. We look forward to see amazing ideas from Indian innovators.”
Explaining the advantages participating startups would benefit from this Summit, he added that “AIM Startup 2019 will give 20,000 expected visitors in-depth sector knowledge and coaching through specialized workshops by international professionals from the industry. Investors, startups, SMEs and policy makers will be able to meet and explore potential investment projects in an arena conducive to such discussions as will be provided at the global event.”