Institute of Entrepreneurship Development (IED) is a research organization that aims at promoting and encouraging the entrepreneurial spirit in local and international communities. Founded in 2005 and headquartered in Greece, the company helps entrepreneurs in Europe in many ways. One of these ways is that it helps connect them with potential funders and here is where FasterCapital comes to play.
FasterCapital is an incubator founded in 2010 headquartered in Dubai. The company helps entrepreneurs -especially non-technical ones- establish their business through its incubation program. They manage that by providing them with a technical team that is ready to handle technical issues and develops the whole product from A to Z. Moreover, FasterCapital will further support them by investing 50% of the money the technical development needs thus becoming a technical co-founder and a co-funder.
IED and FasterCapital will work in a complementary way. They will aim to work together on strengthening each other’s network and connecting each other with people who might be interested in their models respectively.
Mr. Hesham Zreik, CEO of FasterCapital commented on this partnership, “IED and FasterCapital are now partners, and this partnership will hopefully be fruitful for both parties and entrepreneurs worldwide.”
Dr. Anastasios Vasileiadis, CEO of the Institute of Entrepreneurship Development (IED) also commented on the collaboration ”IED is always on the lookout for new partners, with great expertise, that can help our cause in promoting and enhancing entrepreneurship throughout the world. We strongly believe that our collaboration with FasterCapital will be a collaboration that will add great value to our journey!”
For more information on this important collaboration, you can visit the Institute of Entrepreneurship Development and FasterCapital’s official websites. Stay tuned for more news and updates on our innovative actions, promoting entrepreneurship across the world. This is a collaboration you will not want to miss out on!