Wednesday 17 October 2012

The ability to power a dream | GulfNews.com tks @DrAlkhazraji

Microsoft maybe a software giant today, but it started from a small great idea by innovative entrepreneurship. Microsoft would not have become a multinational corporation if it was not funded by different sources of investment that were available to fund ideas and start-ups. Had Bill Gates not been able to secure the finances required, the brilliant ideas of Microsoft might have disappeared from our civilisation and the technology revolution that was empowered by Microsoft might never have happened. This could be the case with the GCC as well, where many young entrepreneurs hold brilliant ideas, but are short of funds. As time passes, these ideas go down the drain. Financing ideas? It is something new for the GCC market. Banks and investors want to finance something that they can see, touch and feel. They call it something concrete. Yes, indeed, they are ready to finance concrete.

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