CHRIS­TOS MAS­TORAS I MAN­AG­ING PART­NER I IL­IAD PART­NERS

Arabnet - The Quarterly - - En­trepreneur­ship -

The ex­pand­ing range of suc­cess sto­ries and ex­its is ex­pected to at­tract more cap­i­tal al­lo­ca­tion to the VC as­set class, and we’ll likely see more funds and larger funds emerge to com­ple­ment ex­ist­ing play­ers. Within this con­text, in the fu­ture, we ex­pect to see more in­no­va­tion emerge from the re­gion and MENA star­tups that can scale and com­pete be­yond MENA in global mar­kets. This will be fa­cil­i­tated by in­creas­ing tech­ni­cal ta­lent, gov­ern­ments such as Dubai mak­ing in­no­va­tion a pri­or­ity, and cor­po­rates seek­ing to ac­cess in­no­va­tion among other things. We are al­ready see­ing ini­tial ev­i­dence of this, and we hope to see more home-grown in­no­va­tion in the fu­ture.

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