(MENAFN Press) The technological advances of the past two decades have had an immense impact in the way business ventures, especially SME's, are being financed. In light of this The Capital Club, Dubai's premier private business club and member of the ENSHAA group of companies, will be hosting a panel discussion entitled 'Alternative Financing: The Role of Technology" on the 20th of January
Organised by Eureeca along with Cass Business School, part of City University London, and the Capital Club, the discussion will feature Chris Thomas, Co-Founder and CEO of Eureeca, Dany Farha Founder and CEO of BECO Capital, Capital Club Member Christian Mouchbahani, Founding and Managing Partner at M Capital Group, Loulou Khazen Baz, Founder & CEO of Nabbesh and will be moderated by Narain Jashanmal
Speaking about the upcoming panel discussion, Emma Cullen, The Capital Club General Manager, said, "A robust SME sector is one of the most important elements in a healthy and sustainable economy and as such securing financing for small to medium enterprises is a topic of great concern. This panel discussion will shed light on the many ways that technology can positively impact funding and create new avenues for financing. As the premier meeting point for Dubai's business elite, The Capital Club takes great pride in organising and hosting events, forums, and discussions that promote Dubai's thriving business climate and this will undoubtedly be yet another highly successful endeavour.
Ehsan Razavizadeh, Regional Director, MENA and Head of the Cass Dubai Centre said:
"We are proud to work with Eureeca to host an event dedicated to addressing the necessity of alternative financing for small to medium enterprises. As the backbone of any economy, particularly in this part of the world, our prestigious panel will provide insights into the role of technology in such funding. Here at Cass in Dubai we have has been supporting the needs of business executives in the region since 2007 and our EMBA programme continues to attract a vast pool of skilled and multilingual talent from all over the world.
Chris Thomas, CEO and Co-Founder of Eureeca further commented: "The reality is that 70% of jobs in this region are made up by SMEs and often struggle to find the funding needed to expand, grow and scale. Crowd investing has emerged as a viable and powerful means for businesses to raise capital from their wider networks. We live in an era where all of us through the power of technology have amassed expansive networks both online and offline and through crowdinvesting you are able to reach these networks to gain the much needed investment. In addition, investors now can participate to quickly see businesses online from across sectors and geographies that they might not have had the opportunity to view before.
The panel discussion forms part of a series of SME focused events at The Capital Club and is a not to be missed opportunity to get a finger on the pulse of the latest developments in technologically aided financing from some of the most knowledgeable figures in this field.
The discussion will be moderated by Narain Jashanmal, a fourth generation member of the Jashanmal family who until recently ran the Jashanmal Group's print media, bookstore, and courier businesses while also being responsible for the company's corporate communications. Furthermore it will feature Chris Thomas, who has over ten years experience in setting up and running businesses and has provided various angel investments while owning two online businesses and a property company in Brazil.
Completing the panel are Dany Farha, who co-founded and exited Bayt.com, the Middle East's largest job site, Butlers, the UAE's largest commercial laundry company and Intercat, one of the largest catering companies in the UAE, as well as Christian Mouchbahani, who has been involved in several larger cross border financial institutions M&A transactions, Merchant Banking principal and advisory transactions, in addition to asset management/ private equity funds.