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Turki Almadhi Ventures Opens Mentor Hours To Support Startups With Mentoring And Coaching Program

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Turki Almadhi Ventures boasts portfolio of investments that are connected through one common thread of “an idea”. Turki Almadhi is a savvy and well respected business man with over 20 years’ experience in a number of key industries and positions ranging from hospitality to investment management and executive regional manager to CEO. Below is our interview with Turki Almadhi, Founder and President at Turki Almadhi Ventures:

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Q: How would you describe Turki Almadhi Ventures?

A: Turki Almadhi Ventures Inc is a fund that has a solid an growing foundation, that enables more freedom in riskier new startup investments. The main focus in the diversifying of the Turki Almadhi Ventures Inc fund is recognizing opportunities at an early stage and helping with the mentoring and coaching and development of the project.

Q: You’ve recently announced mentor hours at Websummit 2016; could you tell us something more?

A: We’ve opened our mentor hours to be hosted by not only me, but also by my executive Elle Jacobs. We enjoy this part of the summit as we are able to get a closer look the startups, as well as talk on a more intimate level with the people behind them. We’ve continued into final round discussions with a number of the startups that we met during mentor hours previously that it is just such a great opportunity that we will never pass up on. We’ve also started a new initiative that will selected the top startups from our mentoring hours to continue with our mentoring and coaching program for up to 1 year after the summit. We like things to continue, and develop a relationship with each individual and really help them understand where they are heading – or help them change course with our knowledge base and network.

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Q: What are your investment criteria and what target areas are the most interest to you?

A: There are no investment criteria that The Turki Almadhi Ventures Inc Fund follows or that is set in stone. We generally are more interested in companies in the beginning startup phase, and companies that address a need and give a solid solution. We don’t limit ourselves to certain sectors, and have always maintained an open door fair chance opportunity.

Turki Almadhi Ventures
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Q: At what stage does Turki Almadhi Ventures invest?

A: The Turki Almadhi Ventures Inc fund invests in all stages, depending on what the investment or company is. It really comes down to the offer and the ask, and if it works awesome, and if it doesn’t ok well we can work that out.

Recently we have started to push for more startup seed investments, or Pre A/A round investments as those are the ones that have been the most successful and rewarding for the fund.

Turki New Idea
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Q: What is the best way to approach you with a business plan?

A: The Turki Almadhi Ventures Inc fund encompasses many people from different areas of the globe. We all work together to evaluate different business plans and proposals and decide which ones based on round table discussions- will go on to the next round of negotiations or discussions. The best way to reach out is to contact my executive Ell Jacobs who is the first contact and the one who does the initial evaluation of the proposal, and the opportunity that it has with the Turki Almadhi Ventures Inc fund. You can reach her directly at ej@turkialmadhi.com

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