What Does iAccel GBI’s Latest Alliance Mean for Global Startup Growth?
iAccel Gulf Business Incubator, a prominent accelerator supported by the Dubai government, has just announced a major partnership with Angels Den Funding, Europe’s largest angel-led finance platform. This collaboration is big news for iAccel GBI as it marks their official entry into the UK and European markets.
To give you some background, iAccel GBI was founded in 2023 with the backing of Dubai SME and the Hamdan Innovation Incubator (Hi2). It’s become a major player in helping startups from all over the world enter the UAE and the broader Middle East region. They have this massive network of over 400 industry experts who closely guide these startups. On the other side, Angels Den Funding, established back in 2007, started as an online platform but has grown into a network of over 21,000 investors. So, the collaboration between these two is quite significant.
Through this partnership, iAccel GBI will act as the gateway for UK and European startups to access the UAE and Middle East markets. Both organisations are excited about this because it opens doors for mutual growth and will help startups navigate market entry more easily. Essentially, iAccel GBI becomes the go-to partner for startups looking to expand into the UAE, enhancing their chances of success.
Deepak Ahuja, the CEO and co-founder of iAccel GBI, said this partnership will extend their reach beyond Asia and tap into Dubai's dynamic startup scene, which already hosts companies from over 190 countries. Anishkaa Gehani, the other co-founder, added that this move highlights how the UAE is becoming a real hotspot for global innovation and growth. They’re really focused on using this collaboration to help startups smoothly enter the UAE market and capitalise on the many opportunities here.
On the other side, Abhilasha Dafria, the CEO of Angels Den, is equally enthusiastic. She mentioned how this partnership will give UK startups access to the fast-growing UAE market, which will help them expand globally and aligns perfectly with Angels Den's mission to build world-class companies.
So, in short, this partnership is a huge win for iAccel GBI, Angels Den, and the many startups that will benefit from easier market access and global growth potential. It further solidifies Dubai’s role as a global hub for startups and entrepreneurship.
