Successful scale-ups in the MENA region are generating on average 3.4x more revenues and 8x more jobs than other SMEs, according to new research co-authored by Strategy& and Endeavor. Released at Area 2071, an initiative of the Dubai Future Foundation, the study, “Scaling Up MENA SMES: How a handful of firms can fast-forward economic growth,” highlights how scale-ups positively impact economic growth in MENA and identifies priorities policymakers can use to improve their local ecosystems.
The report uses a scale-up readiness index developed through interviews and research to assesses the maturity of the scale-up ecosystems in Egypt, Jordan, Lebanon, Saudi Arabia, and the UAE, and highlights opportunities for growth in those markets across four areas: business fundamentals, business propellers, demand creators, and country readiness.
Publications
Report: Scale-ups Offer Significant Opportunity for Economic Growth in MENA
Jan 08, 2019