Strategic partnership between EXITS and VMS to increase support for the entrepreneurial ecosystem in Saudi Arabia

EXITS, a specialized company providing technology consultancy, support, and financing services for startups and entrepreneurs, has announced a strategic partnership with Saudi startup studio VMS to enhance and accelerate investment and financing for startups and facilitate its expansion into the Saudi and Arab markets.

The signing ceremony, held between Mohamed Aboulnaga, Co-founder and CEO of EXITS in the Middle East and North Africa region, and Motaz Abuonq, Founder and CEO of VMS, marked the commencement of this collaboration.

EXITS, as VMS’s partner, relies on the Investment Readiness Program, the first of its kind in the Middle East and North Africa region, delivered entirely in Arabic and enriched with strategic analyses from investment experts, experienced business professionals, and partners like Google for Startups.

This program, consisting of 20 hours of interactive content, will guide entrepreneurs in understanding investor language, crafting convincing financial narratives, and mastering the art of presenting to investors.

VMS will play a pivotal role in assisting startups to expand into the Saudi Arabian market by facilitating all necessary requirements for market entry.

Furthermore, the partnership includes showcasing startups at an event scheduled for November.