Wamda Research Lab: Insights, reports and interviews from the MENA region.

Data Nuggets

43% of the startups interviewed in this study are self funded and fewer than 30% obtained VC or angel funding.

More cleantech startups launched in MENA during the last 2 years than in the 6 years before

90% of MENA's cleantech startups were created in the last 5 years.

Data Nuggets

90% of entrepreneurs plan to hire in the next 1-2 years

60% of entrepreneurs are satisfied with their local talent pool

53% of the surveyed workforce is willing to work for a lower salary if their employer provides equity in return

Data Nuggets

Companies need to identify their strategic objectives from startup collaborations.

Startup engagement models need a multi-stakeholder impact measurement framework.

Data Nuggets

Corporations in the Internet/IT (40%), media (57%), and telecoms (100%) sectors experience or anticipate technological disruption.

89% of corporations and 94% of startups see value in partnering with one another.

Data Nuggets

48% of MENA healthtec startups have the potential to serve people around the world, addressing quality, access, and costs of healthcare.

Egypt and the UAE have the most startup health activity in MENA, followed by Palestine, Lebanon, Jordan, and Saudi Arabia, respectively.