Strategic Collaboration with Europe’s Largest Angel-Led Finance Platform
iACCEL GBI is one of the leading go-to-market accelerators supported by the Dubai government, while it has just entered into a major strategic partnership with Angels Den Funding, claimed to be Europe’s largest angel-led finance platform. Representing an official entry into the UK and European markets, this extends the global presence of iACCEL GBI further.
PC: Zawya
iACCEL GBI Positioning and Expansion
Founded in 2023, and powered by Dubai SME and the Hamdan Innovation Incubator (Hi2), iACCEL GBI has grown remarkably within a short period into the leader in supporting startups that enter the UAE and Middle Eastern markets. It has an ever-growing network of over 400 industry experts who work with startups side by side to give them just the leverage needed for successful market entry and expansion.
This deal with Angels Den Funding, a 2007-founded company that has grown into a network of more than 21,000 investors, creates another milestone for iACCEL GBI. This is because the accelerator will be able to extend its influence beyond Asia into Europe and create a gateway into the UAE and Middle Eastern markets for startups in the UK and Europe.
Smoother Market Entry for Startups
Under the partnership, iACCEL GBI will become a preferred partner for UK and European startups looking to scale up in the dynamic markets of the UAE and the wider Middle East. It will give them an even better chance of successful market entry and expansion, via its vast network and years of expertise across the region.
The partnership reflects the commitment of both organizations to fostering growth that is transformational in nature and success that is mutual. This, iACCEL GBI and Angels Den hope to provide an easy entry for startups into the region, reaping the fast-growing opportunities offered by the vibrant UAE startup ecosystem.
Leadership Views on the Partnership
Deepak Ahuja, Co-founder and CEO of iACCEL GBI, said, “We are very excited about the partnership. It would mean that iACCEL will be able to expand our outreach beyond Asia. Dubai is the energetic center for technology startups, housing companies from more than 190 countries. We hope this partnership will lead to supporting even more UK and European startups entering the UAE and the wider Middle East.”
The partnership is significant as it showcases the growing appeal of UAE as an innovation hub and a launching pad for global growth,” said Anishkaa Gehani, Co-founder, iACCEL GBI. “We will provide smooth entry to the region by cross-leveraging our networks and best practices, enabling them to capitalise on the abundant opportunities available.”
Similarly, Angels Den’s Abhilasha Dafria said, “Partnering with iACCEL GBI offers us an opportunity to connect with an amazing opportunity for expansion and opens the door into the dynamic and rapidly growing UAE market. We further believe it will unlock new markets for UK startups to drive their growth globally and continue our vision of building truly world-class companies from the UK.”
Smarter UAE’s Startup Ecosystem
This deal underlines the continued commitment of iACCEL GBI to work with main players from the UAE and the whole Middle East startup ecosystems. By joining hands with Angels Den, iACCEL GBI will move towards introducing a fresh wave of innovative startups into the UAE, thus further strengthening its position as a Global Entrepreneurial Hub.
As a result of this strategic partnership, iACCEL GBI and Angels Den Funding are set to stir the pot of innovation and growth for continued vibrancy in the UAE startup ecosystem and beyond.
