Kuwait

KUWAIT
SAVOUR: EVERYTHING FOOD.


 

2017 Inquiry Form

INFO

We are launching in Kuwait!!

Savour will be the Middle East’s first accelerator focused on the food vertical; everything from agriculture and consumer product goods through to food technology. As such we named it, Savour: Everything Food.

Applications will open in April.
For more information about information sessions and application process please fill out this short inquiry form so we can stay in touch.

Why Kuwait?

In the west, Kuwait is known for its oil wealth, but within the Gulf, it’s known for its love for food.  As such, there was no better place to launch Savour than Kuwait. Our hope is to create further success stories, not only for the region but also globally.

The startup ecosystem in Kuwait is in its infancy, and the majority of startups are food related. While access to funding is available, startups in Kuwait lack access to business support intervention and financial support.

We will partner with early stage companies from across the entire food ecosystem, from agriculture through consumer packaged goods, and help these companies grow fast through:

➤ Mentorship: Access and workshops with food industry thought and business leaders

➤ Network: Access to a network of leading food companies, investors and press

➤ Curriculum: Based on years of learnings from Creative Startups Accelerator

➤ Co-working Space: Collaborative co-working with likeminded entrepreneurs

 


 

MEET THE KUWAIT TEAM

Messilah Ventures was founded in 2016. Based in the food capital of the GCC, Kuwait, Messilah Ventures invests in local food startups and incubates them through the first leg of their growth journey.

Rashid Sultan is the founder and partner of Messilah Ventures. He is also the owner of Pet Land, Kuwait’s premier pet boarding facility. Previously, Rashid led the turnaround of both Wendy’s Middle East and Costa Coffee Kuwait for Alghanim Industries. Prior to that Rashid held several roles at The Sultan Center, including running their portfolio of convenience stores and being responsible for their expansion into new territories and formats.

Rashid started his career in New York, in the investment banking division of Goldman Sachs. Rashid holds an MBA from London Business School, where he concentrated his studies on the need for Venture Capital in the GCC, and received his undergraduate degree in Economics from The University of Chicago.

Startups are an important means by which new ideas are brought to life – especially those ideas which challenge established industries or do not find ready support inside existing companies. They are core to the process of creative destruction and crucial for increasing employment. They exert competitive pressure on prevailing businesses, which drives improvements in productivity and prosperity. In short, the starting – and scaling – of new ventures is vital for innovation and economic growth.

- Christopher Haley
Head of New Technology & Startup Research, Nesta