Buyers will decide and consider pitches of startups based mostly within the UAE; chosen winners will have the ability to safe funding for his or her initiatives.
The Falcons, a actuality TV present akin to the American TV sequence Shark Tank that’s being developed by Indian media agency Horses Manufacturing Non-public Restricted (HPPL) in partnership with Dubai-based NKN Media, is inviting UAE-based startups, searching for potential buyers, to submit their purposes and pitch their initiatives to a choose group of buyers.
The startup funding present, which was formally introduced on June 1, 2023, at Al Habtoor Palace, Dubai, may have eight to 10 episodes and showcase startups competing for investments. Indian information anchor and Senior Government Editor of Hindi information channel Aaj Tak, Anjana Om Kashyap introduced the launch and launched a few of the present’s buyers on the night of the occasion.
Chosen startups might be anticipated to pitch their enterprise concepts on to a distinguished panel of buyers generally known as ‘The Falcons’. This direct interplay will result in suggestions and potential on-the-spot funding choices, propelling their ventures to new heights.
Talking in regards to the present and alternatives it presents to UAE startups, Prashant Agarwal, founder and CEO of HPPL, stated: “We’re thrilled to deliver this present to the forefront, providing startups a platform to realize visibility and branding alternatives. The Falcons goals to foster a vibrant ecosystem for startups, and we sit up for supporting and nurturing the following era of entrepreneurs.”
Abdul Majid Khan, CEO & Managing Director of NKN Media added: “With The Falcons, our major goal is to create a win-win scenario for each startups and buyers.”
Startups looking for this funding alternative are invited to submit their purposes to The Falcons. Members must submit a pitch deck or video showcasing their enterprise concept and explaining why it holds the potential for fulfillment. The Falcons staff will then assessment all submissions and choose probably the most promising startups to take part within the present.
To be eligible for the present, startups should have a minimal enterprise lifetime of eight months and show innovation, influence, and funding potential. Buyers ought to have the ability to commit funding on the spot and have the ability to assist startups and enhance entrepreneurs. All nationalities are welcome.
India At the moment TV will function the English broadcast associate for this present; an OTT associate is but to be finalised. The present, which is scheduled for telecast in October 2023, might be dubbed in each Arabic and Hindi.