Hisham Kassim, Managing Partner at Kassim Legal

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Hisham Kassim plays that role in MENA’s entrepreneurial ecosystem. As the Managing Partner of Kassim Legal, he runs one of the region’s only (perhaps the only) boutique corporate firms focused on startups, Venture Capital, and Private Equity. As we chatted, his vast knowledge and network in the region were readily apparent. We covered his background, and that of Kassim Legal (spoiler alert: it’s a family firm), but also discussed the similarities and differences in legal structures and approaches between the U.S. and MENA region. I even managed to pry some legal advice for the region’s early stage founders out of him. I’m joking, of course, about the prying part at least. Hisham also donates his time and expertise freely as part of his desire to contribute to a stronger startup community in the region. 

هشام قاسم – الشريك الإداري لشركة قاسم القانونية

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يلعب هشام قاسم هذا الدور في النظام البيئي الريادي لمنطقة الشرق الأوسط وشمال أفريقيا، بصفته الشريك الإداري لشركة قاسم القانونية، يدير واحدة من شركات البوتيك أي المتخصصة وربما الوحيدة في المنطقة التي تركز على الشركات الناشئة ورأس المال الاستثماري وحقوق ملكية الأسهم الخاصة حيث بينما كنا نتحدث، كانت معرفته الواسعة وشبكته في المنطقة واضحة جدا.

ميس و هاني، مؤسسين، يلا نحكي

وقد قامت "يلا نحكي" التي أطلقت في عام 2017، بالعمل على التطرق للمواضيع والسرديات التي غالبا ما تترك دون أن يمسها مجتمع الجاليات العربية في الشتات، وزيادة تأثيرأصوات الشباب العرب الذين يعيشون خارج منطقة الشرق الأوسط وشمال أفريقيا، فعند القيام بتصفح سريع لموقعهم الإلكتروني، ستجدون محتوى رقمي يتراوح بين وصمة الصحة النفسية في المجتمع العربي، والهوية الجنسية في الشتات، وصولا للموارد اللازمة لدعم الأصوات الفلسطينية، فقد وجدت YLT مجتمعا مستعدا للاستماع والمساهمة في هذه المحادثات، من خلال ما يقرب من 70،000 متابع على Instagram.

Mays Alwash and Hani al-Dajane, Founders of Yalla! Let’s Talk

Launched in 2017, Yalla Let’s Talk has made a mission of tackling topics and narratives often left untouched by the Arab diaspora community, and lifting up the voices of young Arabs living outside of the MENA region. A quick scan of their website, and you’ll find content ranging from the stigma of mental health in the Arab community, to queer identity in the diaspora, to resources to support Palestinian voices. With nearly 70,000 followers on Instagram, YLT has tapped into a community ready to listen and contribute to these conversations. 

Last summer, Mays and Hani took the bold step to build a business around this initiative. As a PhD student and corporate lawyer, respectively, in addition to managing Yalla Let’s Talk, neither of them has an abundance of free time. That said, they recognized the importance, need, and potential for the space that they’d built, and realized that to make that space sustainable, they needed to build a media company around it. 

Marwan Abdelhamid, Co-Founder, GrowHome

Countries in the Middle East and North Africa, especially those currently or historically wracked by conflict and displacement, have generated waves of immigration and refugees across the world. For places like Lebanon and Palestine, this has led to a larger population living outside the historical borders of the country than inside them. Syria may see a similar phenomenon over the course of the next generation. Millions more from the Middle East and North Africa have simply left the region in search of better economic and educational opportunities. As the world has grown more connected, and capital, knowledge, and people can traverse the globe quicker than ever before, some have begun to wonder whether these tragic outcomes can transform into assets for economic development.Marwan Abdelhamid, a Palestinian living, working, and studying in the U.S. right now, is working on an answer to that question. GrowHome is a startup that he co-founded to build connections between the diaspora and entrepreneurs in their home countries.

GrowHome- مروان عبد الحميد

إنَّ بلدان الشرق الأوسط وشمال أفريقيا، ولا سيما تلك المناطق التي مزقتها الصراعات والتشرد سواء حاليا أو على مدى التاريخ، مؤديا الى موجات من الهجرة واللاجئين في جميع أنحاء العالم. وبالنسبة لأماكن مثل لبنان وفلسطين، أدى ذلك إلى وجود عدد أكبر من السكان الذين يعيشون خارج الحدود التاريخية للبلاد مقارنة بعدد الذين يعيشون داخلها. وقد تشهد سوريا ظاهرة مماثلة على مدى الجيل القادم. و لقد غادر ملايين آخرون من الشرق الأوسط وشمال أفريقيا المنطقة بحثا عن فرص اقتصادية وتعليمية أفضل. ومع تزايد ترابط العالم، وتمكن رأس المال والمعرفة والناس من اجتياز العالم بسرعة أكبر من أي وقت مضى، بدأ البعض يتساءل عما إذا كانت هذه النتائج المأساوية بامكانها أن تتحول إلى أساسات للتنمية الاقتصادية.

لمى عمرو، المديرة التنفيذية ‘BuildPalestine ’ل’

لقد نما التمويل الجماعي والابتكار الاجتماعي بشكل كبير في السنوات الأخيرة في جميع أنحاء العالم، ومنطقة الشرق الأوسط وشمال أفريقيا ليست باستثناء، ولا سيما في مكان مثل فلسطين، مع وجود شتات عالمي كبير وشبكة من المؤيدين، وندرة عدم وجود تحديات اجتماعية على أرض الواقع، فإن التمويل الجماعي للمؤسسات الاجتماعية لديه القدرة على تحفيز التغيير الاقتصادي الإيجابي.

Lama Amr, Executive Director, BuildPalestine

Crowdfunding and social innovation have grown immensely in recent years across the world, and the MENA region is no exception. Especially in a place like Palestine, with a large, global diaspora and network of supporters, and no lack of social challenges on the ground, crowdfunding for social enterprises has the potential to catalyze positive economic change. To learn more, I had the pleasure of interviewing Lama Amr, the recently promoted Executive Director of BuildPalestine. 

Khaled Zaidan, Head of Alternative Investments at Watheeq Financial Services

Khaled Zaidan has worked as an investor in Saudi Arabia for the past 10 years and has witnessed the changing investment landscape. An early proponent of venture capital and startups, a mix of initiative, hustle, and investment savvy has recently landed him the position of Head of Alternative Investments at Watheeq Capital. Words on a page don’t always do justice to this type of thing, but I hope Khaled’s passion for the space, and excitement for his new role shine through in the interview below. I’m sure those of us that follow this sector in the region will be hearing more from him in the coming years.

Hasan Haider, Founder and Managing Partner, Plus.VC

When it comes to understanding the MENA region’s Seed stage venture capital and startup ecosystem, you’d be hard pressed to find someone with a wider breadth of experience than Hasan Haider. Formerly the Managing Partner of 500 Startups’ MENA Fund, Hasan and his partner Sharif Elbadawi launched Plus.VC in the fall of 2020 to continue the work they started at 500 Startups in 2017, backing the region and its diaspora’s most exciting Seed stage founders.

Like any good entrepreneur, Hasan’s foray into this world started with a pain point he experienced as a consumer. Namely, he couldn’t get access to the DVDs he wanted to watch in Bahrain. To solve this, he founded his first startup. As I heard the rest of his journey, I realized that this “see something, do something” attitude has really guided Hasan’s career all the way up until the founding of Plus.VC. He identified the missing components in his own experience as founder, which led him to set up Bahrain’s first angel investing network. That exposed him to the region’s funding gap for Seed stage startups, which propelled him to 500 Startups. While there, he was involved in nearly ¼ of the regions’ Seed deals,  a track record that sets Plus.VC up nicely to invest “early and often in the non-obvious emerging market entrepreneurs, taking an early leadership role with founders to set them up for success.” 

Read on to learn more about why Hasan’s so fired up about the region’s potential, what it’s like raising for a VC fund in MENA, what Hasan looks for in a founder, and so much more.