(London, UK): Dominic Perks, CEO and co-founder of Hambro Perks (HP), and Yousuf Al-Harthy, CEO of Oman Technology Fund (OTF), signed a Memorandum of Understanding (MoU) to establish the ‘British-Omani Technology Gateway’. The signing ceremony, held at Hambro Perks’ headquarters in London, was also attended by senior officials from the Omani Embassy in London, UK’s Department of International Trade and prominent technology investors from the Sultanate of Oman.
The Gateway will allow UK based start-ups from HP’s portfolio to access Oman’s technology eco-system through OTF. It will also allow technology start-ups from OTF’s portfolio and various accelerator programmes an opportunity to be based at Hambro Perks’ eco-system and co-working space in Central London, with a first cohort planned for November 2018. The MoU also establishes a ‘Joint Working Committee’ made up of senior members from OTF and HP to further the objectives of the ‘British-Omani Technology Gateway’ with details about current opportunities and next steps discussed immediately after the signing.
Dominic Perks, CEO and co-founder of Hambro Perks, says “The Gateway establishes a close working relationship for technology investment opportunities between the UK and Oman. We are glad to be able to support UK based start-ups that are looking to expand into the Omani market and the wider Middle East region. Moreover, Oman and the region have various exciting opportunities for HP as we start to invest globally and we are excited to explore this potential with the help of OTF. It promises to be a fruitful, rewarding and long-term relationship”.
Yousuf Al-Harthy, CEO of Oman Technology Fund, says “OTF is looking forward to starting to implement this important MOU as it opens the doors for startups from both countries to expand into new markets more efficiently and with the help and support of our two organizations.”
Ali Qaiser, Director & Head of Middle East at Hambro Perks said “HP’s exposure to the Middle East is growing and we now have a number of prominent Gulf & Omani family offices as shareholders at Hambro Perks. Signing this MoU is a significant milestone for HP in the region and we look forward to furthering the transfer of technology opportunities between the UK and Oman”.
Hambro Perks is a London based venture firm with permanent capital focused on building large global technology-enabled companies from the UK. Oman Technology Fund (OTF) is an Oman-based fund backed by the Government of Oman seeking to make investments in emerging technology enterprises in Oman and the wider region.
-Ends-
About Hambro Perks
Hambro Perks - the venture firm which backs and builds leading British technology companies with global ambitions. Founded and run by avid entrepreneurs Rupert Hambro and Dominic Perks in 2013, Hambro Perks helps start-ups using SEIS and EIS structures in businesses from Previse and Sipsmith to Laundrapp and The Dots, alongside other disruptive technology businesses.
For all media and press enquiries please contact Tara Harandi-Zadeh tara@rebeccaabigailpr.com and Sebastian Aristizabal-Oviedo sebastian@rebeccaabigailpr.com
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
