PHOTO
- Interactive sessions at Global Business Forum Africa 2019 in Dubai highlighted experiences and benefits of startups and mentors who participated in the programme
Dubai, UAE: The first cycle of the Global Business Forum (GBF) Mentorship Programme has created far-reaching benefits for participating UAE and African startups and mentors, while it has brought entrepreneurial communities together and identified synergies which can be built upon in the future.
That was the message from H.E. Hamad Buamim, President & CEO of Dubai Chamber of Commerce and Industry, who highlighted key achievements of the GBF Mentorship Programme during an interactive session today at GBF Africa 2019 in Dubai.
“We were very encouraged by the overwhelming response and successful results of the first cycle this year – which is why we are delighted to announce our plans to launch the second cycle of the programme in 2020. Through this unique programme, we are expanding the GBF platform and building an entrepreneurial legacy that encourages more startups from the UAE and Africa to go beyond borders and scale their businesses,” said H.E. Buamim.
“The GBF Mentorship Programme has broken new ground for startups by creating a reciprocal scheme that takes startups and mentors from one region
and pairs them with startups and mentors from another. We hope to expand this programme to new regions in the future and double the number of startups and mentors taking part,” he explained.
“The mentorship programme is structured to develop the potential of the global entrepreneur – who can be best described as someone who does not see borders as limitations. This breed of entrepreneurs can compete in any business environment and often chases global growth opportunities,” added H.E. Buamim.
Taking centre-stage at GBF Africa 2019, Dubai Chamber’s GBF Mentorship Programme is a first-of-its-kind initiative pairing startups and mentors from the UAE and Africa. Earlier this year, Dubai Chamber hosted its first-ever Chamberthon event in Kigali, Rwanda where UAE and African startups collaborated and developed the structure and features of the mentorship programme.
In the first cycle, several high-potential startups from the UAE and Africa were selected to participate in the programme, each offering cutting-edge solutions in key sectors and fields of mutual interest, such as agriculture, e-commerce, technology, fintech and artificial intelligence.
Participating startups were paired with mentors who offered valuable expertise needed to help the businesses develop and expand to new markets. Mentors supported startups in a variety of key areas such as pitching, on enhancing team performance, building stronger relationship with co-founders and boards of directors, tapping into new markets and understanding the principles of leadership.
Another session on the first day of GBF Africa 2019 introduced attendees with the finalist startups and mentors who took part in the GBF Mentorship Programme. During the session, participants shared their experiences, biggest achievements and plans for the future.
Mentor Chris Folayan, Founder and Chief, Executive Officer, Mall for Africa, South, said: “It brought great joy and satisfaction to me. It was amazing to be able to give back. As CEOs we are most of the time thinking about our balance sheets but at the end of the day, we should care about what’s going to happen to the next generation. It’s been an amazing ride.”
Mentee Nadim Habr, Founder and Chief Executive, Officer, Designhubz, UAE, commented said: “As a mentee, you simply need encouragement and connectivity. As a tech company there is always a sense of urgency in expanding and Chris [my mentor] helped with how I was going to expand from Dubai globally.”
Habr and fellow mentee Kenneth Obiajulu, Founder and Managing Director, Farmgate Africa, said the valuable lessons learned from their respective mentors were among the biggest benefits associated with their participation. Mentor Nader Amiri, Founder and Chief Executive, Officer, el Grocer, UAE said: “It’s all about being more digital- you can connect from both sides anytime, anywhere, any day, anyhow- the structure is there - it’s just about putting it out there.”
-Ends-
Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favourable business environment, supporting the development of business, and by promoting Dubai as an international business hub
Follow us on:
www.facebook.com/dubaichamber
www.twitter.com/dubaichamber
http://www.linkedin.com/company/dubai-chamber-of-commerce-&-industry/
www.youtube.com/DubaiChamberTV
www.instagram.com/dubaichamber
For more information, please contact:
Ruba Abdel Halim
Dubai Chamber of Commerce & Industry
PR &Corporate Communications Department
Tel: +971 4 2028450
Email: ruba.halim@dubaichamber.com
Disclaimer: 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.
