By Partners for Growth
Partners for Growth had the pleasure of collaborating with Stanford Graduate School of Business Lecturer in Management Robert Siegel and Jada’s (Fund of Funds established by the Public Investment Funds of Saudi Arabia) Emerging Manager Program to lead a conversation about the unique opportunities and challenges for high-growth businesses scaling in the Middle East. The event was centered around the case study ‘Partners for Growth: Funding Global Entrepreneurship’ that analyzes PFG’s debt facility to Tabby and Bayzat.
“The Middle East presents a unique landscape for entrepreneurial growth, where the convergence of innovation, technology, and robust financial tools like structured debt are essential in propelling high-growth businesses to success. Events like this underscore the importance of understanding and leveraging these elements to nurture sustainable and impactful entrepreneurial ventures in the region.” – Lecturer Robert Siegel
At the event, Lecturer Robert Siegel focused on tech lending and the effective use of structured debt at critical stages of a company’s growth journey. PFG’s Armineh Baghoomian and Max Penel contributed their insights on the unique dynamic entrepreneurs face in the startup and scaleup landscape, highlighting the importance of strategic financial planning in nurturing high-growth businesses, particularly in regions where venture lending is not as developed.
“At Partners for Growth, we’ve witnessed firsthand how this dynamic region harnesses technology and innovation to create remarkable growth opportunities. We started coming to the region in 2019, and now we are the most active debt providers in MENA.” – Armineh Baghoomian, Head of MENA and Co-Head of Global Fintech.
According to Max Penel, Co-Head of Global Fintech, “The Middle East has all of the key characteristics of a promising technology and innovation hub, with strong entrepreneurs, markets prime for disruption, and accessible capital, signaling an exciting time for the region.”
We look forward to continuing working with entrepreneurs in the region to support them in pivotal stages of their growth. As Partners for Growth, our commitment to fostering innovation and supporting high-growth businesses in the Middle East remains steadfast. The insights shared by Lecturer Robert Siegel, along with the valuable contributions of Armineh Baghoomian and Max Penel, have illuminated the current landscape and charted a course for future growth and success in this dynamic region.