Hong Kong’s leading corporate innovation accelerator Nest has finally expanded its operations in the Middle East and North Africa (MENA) with Bahrain as the platform’s preferred choice for a regional headquarter. Nest has been active in the startup acceleration scene for a while now, targeting seed- to growth-stage startups. Additionally, the platform also operates an entrepreneurial community called Metta.
Throughout its existence, Nest has dedicated its resources to building an innovative ecosystem that connects the rapidly growing markets of Asia, Africa, and the Middle East. During the inauguration of the Bahrain-based regional headquarters, it hosted a panel discussion under the theme “Why Startups and Corporates Need Each Other?”
Business leaders and entrepreneur from all across Bahrain participated in the conversations along with some of the Kingdom’s most influential policymakers.
“Nest has built an innovative ecosystem to connect the fast-growing markets of Asia, the Middle East, and Africa. It is important for corporates and startups to work together towards achieving greater collaborative success and Bahrain has proven to be a strategic location of tremendous potential,” Lawrence Morgan, Nest’s CEO, remarked during the inauguration.
Worth noting here is that Nest recently discussed various aspects of its MENA expansion with American Express Middle East, which organizes the Corporate Acceleration program, a platform that aims to deliver innovative digital solutions to the company’s business partners and customers in the region.
Mazin Khoury, CEO of American Express Middle East, commented on the company’s partnership with Nest by saying: “We are thrilled to be partnering with Nest on the programme to create a platform for local, regional and international startups and give them the opportunity to pitch their innovative solutions to American Express Middle East.”
Nest recently bagged the Tamkeen Labor Fund tender, an initiative by the Bahraini government to create rewarding opportunities for talented professionals and entrepreneurs in the Kingdom’s thriving labor market.