• Al Madinah Angels launches to connect startups with investors to foster business growth and economic progress.
• The initiative is a collaboration between VMS, Al Madinah Chamber, and Numu Angels.
• The initiative aims to go beyond just capital by offering a network for funding, mentorship, and strategic partnerships.

A new initiative launches aiming to boost the startup landscape in Al Madinah. This is through connecting ambitious founders with investors ready to support fresh ideas.

Al Madinah Angels

What is the deal? Al Madinah Angels was launched in Al Madinah Al Munwarrah aiming to stimulate business growth in the city. The initiative seeks to bring founders with bold ideas and investors ready to back ventures to foster economic progress. 

Who is behind this? The initiative is a collaboration of VMS, Al Madinah Chamber, and Numu Angels. 

“This is more than just a network—it’s a starting point for real change in Al Madinah. There’s incredible potential here, and this initiative is about creating space for that potential to grow. It’s about connecting ideas with the people who can help bring them to life.“

Motaz Abuonq, Founder of Value Makers Studio (VMS)

More Than Just Funding

Beyond Capital This network aims to accelerate growth through providing more than just capital. Instead it aims to create a space for strategic partnerships and mentorship to foster businesses to grow, compete, and lead in an evolving market.

Ghassan Bin Reda Khalifa, Secretary General of Al Madinah Chamber said ” It’s dedicated to empowering entrepreneurs by providing access to essential resources—whether it’s funding, mentorship, or meaningful connections that can help drive their business growth.”

Investors, founders, and business leaders gathered at an event at Al Madinah Chamber to launch the initiative. Furthermore, the event aims to be a kickoff for the spread of innovation in Al Madinah. The spotlight was on fostering angel investing in the region and building a community that supports early-stage startups and drives economic growth.

Fahad Almansour, Founder of Numu Angels said “Backing founders early means believing in their vision before anyone else does. This network gives entrepreneurs the chance to connect with investors who understand the risks—and the rewards—that come with supporting innovation from the ground up.”