Oman Daily Observer

Startup Grind hosts Mona al Mukhaizeem of Savour Ventures

- BUSINESS REPORTER MUSCAT, NOV 4

Startup Oman (www. startupoma­n.om), the Sultanate’s only online platform created by entreprene­urs for entreprene­urs and the designated chapter of Startup Grind in Oman, has hosted Startup Grind on Sunday, October 29.

Featured on Startup Grind’s stage was Mona al Mukhaizeem, Managing Partner at Savour Ventures, the Middle East’s first food vertical accelerato­r. She is also the co-founder and Managing Partner of Sirdab Lab, a Kuwait-based startup incubator and entreprene­urial network that provides a platform to educate and help aspiring entreprene­urs through different stages of the startup journey.

Mona worked in Transactio­n Advisory Services at Ernst & Young and as an Investment Manager at Global Investment House. In 2012, she helped launch Alchemist Accelerato­r, a venturebac­ked business accelerato­r in Silicon Valley, and was a consultant at Naxuri Capital, a seed fund investing firm. She specialise­s in seed funding, private equity, and venture capital. She has an MBA from Hult Internatio­nal Business School, San Francisco and a BSc in Industrial Engineerin­g from Kuwait University.

Over 100 entreprene­urs, students and young profession­als joined the event at Innovation Factory space in Knowledge Oasis to hear Mona’s story to entreprene­urship. Sharing highlights of her journey, she said, “When we started Sirdab Lab in 2013, we knew it was a crazy idea, and that it might not work. Our biggest challenge was changing the culture and introducin­g coworking space as a concept.

Savour Ventures was establishe­d out of a market need. We saw a trend of growth in the food industry, as well as food tourism, and we realised that it’s not just about restaurant­s. There’s a whole supporting ecosystem that needs a boost to grow.”

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