Tenmou has witnessed several deals being signed and connected startups to leading industry leaders and angel investors from around the world. This year again, it aims to see more action from the entrepreneurs and the angel investors present.
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Tenmou says last year, it hosted more than 300 angel investors and entrepreneurs from the Middle East, North Africa, Europe and Silicon Valley. Regional agreements worth more than US$4 million were signed as a result of the Summit last year.
Launched in 2011, Tenmou aims to support entrepreneurs with valuable business assistance, including financial investment, mentorship, advice and guidance. Tenmou is a BD1 million (US$2.7 million) fund and invests an average of BD20,000 – BD30,000 for a stake of on average 20% – 30% in each project plus a three-month mentorship period, including support services, at no cost to the entrepreneurs.
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