‘Be a laser, not a lighthouse,’ advises expert investor 

Short Url
Updated 29 October 2023
Follow

‘Be a laser, not a lighthouse,’ advises expert investor 

  • InFlavour Expo’s first masterclass, titled “Where to Find Money: Fundraising for Start-Up Companies,” kicked off with Bina Khan

RIYADH: InFlavour Expo’s first masterclass, titled “Where to Find Money: Fundraising for Start-Up Companies,” kicked off with Bina Khan advising attendees to “be a laser, not a lighthouse.”

Khan is an advisor and investor at Nutrifresh Farms with extensive knowledge of startups and the venture capital industry.

The masterclass discussed a crucial aspect of obtaining capital for entrepreneurial endeavors — how to specifically target investors and approach the startup finance process.

Khan explained that there are four types of finance available in the early stages of a business: angel investors, grants, crowdfunding, and bootstrapping. 

Finding funding for angel investments typically involves identifying and connecting with angel investors.

“I always say start with LinkedIn. You want to look for local and industry-specific networking events as well, such as startup meetups, entrepreneur conferences, and pitch competitions,” Khan said.

She added that conferences like Leap and InFlavour are great networking spaces to meet investors.

Crowdfunding — via websites like Kickstarter, Indiegogo, GoFundMe, and CrowdFunder — is another option.

Khan advised the audience to look for grants from commercial organizations or government agencies based on the startup’s location: “Now, here in the Kingdom, there are actually sizable grants being offered for startups to relocate their headquarters to the Kingdom. And if you do so, you can receive sizable grants that will cover your (research and development) costs, salaries, rent, etc.”  

Khan also recommended hiring a professional fundraiser with connections to investors and keeping potential competition near. 

“Instead of just being a lighthouse scanning everywhere, you can truly be laser-focused on targeting the right investors or the ideal funding approach to you by adopting a concentrated approach. Therefore, maintain focus at all times,” Khan emphasized before the masterclass concluded.  

Last year, food tech startups raised $540 million across the Middle East and North Africa region. So far this year, the sector has managed to attract over $200 million.


Riyadh school enters Guinness World Records with Book Bloom 500

Updated 26 January 2026
Follow

Riyadh school enters Guinness World Records with Book Bloom 500

  • Pravin Patel: This remarkable literary milestone that captured our attention was held as part of the largest creative writing lesson
  • Veteran Saudi media doyen Khaled Almaeena was the chief guest at the Book Bloom 500 ceremony

RIYADH: Hundreds of schoolchildren in Riyadh have made history after reaffirming that books still matter in an age of disruptive technologies and fleeting distractions.

The Saudi capital recently witnessed the simultaneous launch of 500 works authored by students of Alif International School, a collective record for the highest number of student-authored books launched in a single, collaborative effort.

The achievement has earned the students a place in the Guinness World Records, a milestone marked by an impressive ceremony titled Book Bloom 500.

“This remarkable literary milestone that captured our attention was held as part of the largest creative writing lesson,” said Pravin Patel, the official adjudicator for Guinness World Records.

He praised the Book Bloom 500 initiative and said the successful project fulfilled all the specifications required for the record.

Veteran Saudi media doyen Khaled Almaeena was the chief guest at the Book Bloom 500 ceremony, which was attended by prominent members of the Saudi and expatriate communities, along with parents and teachers.

Addressing the gathering, the former editor-in-chief of Arab News congratulated the young authors and expressed the hope that many of them would grow into great writers contributing meaningfully to shaping the world and advancing the betterment of humanity.

He also reminded parents and teachers of their vital responsibility in nurturing children to achieve holistic development.

The little authors were delighted as dignitaries unveiled their books. Their radiant smiles reflected the joy and pride of setting a world record through their journey as published authors.

Sheikh Ali Abdurahman, the chairman of the Alif Group of Schools, praised the teamwork that had made the historic accomplishment possible.

Luqman Ahmed, the CEO of the Alif Group of Schools, talked about the year-long efforts undertaken by school authorities, teachers, and parents to realize the feat.

He said: “Our dedicated teamwork has been instrumental in nurturing new writers and authors, and followed relentless efforts to instill a reading habit among all 1,300 students of the school without exception, eventually guiding more than one-third of them into the world of authorship.”

He added that this had resulted in the publication of books across diverse subjects in English, Arabic, and five other languages.

Mohammed Mustafa, Alif International School’s principal, highlighted the school’s project of introducing students to the world of reading while pursuing its mission of transforming education into a joyful journey with the motto “A School With a Smile.”

He said: “We introduced the Read and Rejoice program as part of co-curricular activities to bring students closer to stories and help them embrace books as companions in sharpening their thinking, enriching their language, calming their minds, and enhancing their emotional intelligence.”

The ceremony also included captivating performances from young children.