Tareq Fouad

Tarek Fouad leads the SHFT incubator and accelerator under Shorooq Partners. Focusing on Gametech and Entertainment, clean and climate tech and Web3 applications. SHFT has incubated 85 companies thus far in the gaming space with its VC-Backed Gametech Program alongside regional and international brands such as AWS, Google, Tamatem Games, Unity and many others.

Prior to that Tarek Foud led the Operations and Community at Hub71, a key driver of the Ghadan21 program and the catalyst to Abu Dhabi’s digital transformation. Tarek Fouad focused on developing Abu Dhabi’s community of startups, VCs and corporate partners through striking strategic partnerships, sourcing over 100 deep-tech startups and advising on policy changes.

Tarek has also spearheaded the programs and operations for Sharjah Entrepreneurship Center (Sheraa), a Sharjah government backed venture and entrepreneurship ecosystem builder, supporting them to grow their portfolio to 72 startups, raise more than $15 million in funding and generate more than $12 million in revenue.

Before that, Tarek was the UAE Country Manager at TechWadi in Silicon Valley, a non-profit organization that connects Silicon Valley to the Arab World to promote economic development by facilitating access to mentorship, capital and acceleration for high-impact entrepreneurs. During his time at TechWadi, Fouad sourced and selected startups for its accelerator program. In 2012, Tarek founded Lean International Group, first of its kind out of home media circuit at health clubs and a technology solutions provider for sports facilities. The company consisted of three business units and a headcount of 60 employees, ultimately bringing the company to exit in 2017.

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