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Riyadh - A group of financial experts examined the challenges facing investments in technology start-ups and the best international practices to evaluate the investment opportunities of pre-revenue technology start-ups in a step that aims to increase awareness about the importance of investment in entrepreneurial projects within the financial ecosystem filling the gap between the submitted financing tools and the needs of start-ups.
In collaboration with The Institute of Finance, the Business Incubators and Accelerators Company “BIAC”, operation and management of business incubators and accelerators, conducted a two-day training program at the headquarters of the Institute of Finance in Riyadh to better understand and develop new solutions for the evaluation of innovative technology start-ups in the presence of many financial executives and professionals. The participants were introduced to the key concepts of technology development, business start-up and investment appraisal.
The training program, which targeted the financial sector and specialized investment institutions, included an overview on the evolution of tech start-ups in the Saudi market and provided an in-depth understanding of how to evaluate financing and investment proposals in such companies while focusing on practical case studies through the valuation of existing technology companies.
The program sought to develop the capabilities and skills of workers in the investment sector and raise awareness about investment opportunities in the technical field, particularly in light of the funding gap, as the traditional methods that are currently being used by banks and financial companies to evaluate investment opportunities and financing applications are often based on guarantees and the financial register of the company without taking into consideration the project’s feasibility , technical worthiness and future growth prospects.
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© Press Release 2018