Rakan Al Eidi

Biography

Rakan is an Entrepreneurship Development expert,and activist in Saudi Arabia since 2006 with experiences in businessdeveloping, coaching and consulting. He recently joined 500 Startups asVenture Partner to the 500 Falcons micro fund for MENA. Prior to that, he wasthe founding Managing Director of the Saudi Affiliate of Endeavor, the globalnonprofit that’s leading a High-Impact Entrepreneurship movement around theworld. In 3 years, Endeavor Saudi Arabia selected 12 entrepreneurs running 9companies in different industries, who with the help of Endeavor, grew today tomore than US$ 100M in revenue from US$ 47M when selected, and thus created morethan 467 new quality jobs to the Kingdom. Since 2013, Rakan has beenheading the Investment Committee at Oqal Angel Investors Group, which attractedmore than 150 deals to the group’s investors, 15 of which got investments witha total of US$ 4M. He is a board member of a government fund and has been ajudge in many entrepreneurship and startup competitions, like Ernst &Young’s Entrepreneur of the Year, ArabNet and Startup Weekends. Rakan holds an M.B.A. majoring inEntrepreneurship and HRM from the University of Queensland, Australia and a BSin Industrial Systems Engineering from King Fahd University of Petroleum andMinerals (KFUPM), Saudi Arabia.

Research Interest

Rakan is an Entrepreneurship Development expert,and activist in Saudi Arabia since 2006 with experiences in businessdeveloping, coaching and consulting. He recently joined 500 Startups asVenture Partner to the 500 Falcons micro fund for MENA. Prior to that, he wasthe founding Managing Director of the Saudi Affiliate of Endeavor, the globalnonprofit that’s leading a High-Impact Entrepreneurship movement around theworld. In 3 years, Endeavor Saudi Arabia selected 12 entrepreneurs running 9companies in different industries, who with the help of Endeavor, grew today tomore than US$ 100M in revenue from US$ 47M when selected, and thus created morethan 467 new quality jobs to the Kingdom. Since 2013, Rakan has beenheading the Investment Committee at Oqal Angel Investors Group, which attractedmore than 150 deals to the group’s investors, 15 of which got investments witha total of US$ 4M. He is a board member of a government fund and has been ajudge in many entrepreneurship and startup competitions, like Ernst &Young’s Entrepreneur of the Year, ArabNet and Startup Weekends. Rakan holds an M.B.A. majoring inEntrepreneurship and HRM from the University of Queensland, Australia and a BSin Industrial Systems Engineering from King Fahd University of Petroleum andMinerals (KFUPM), Saudi Arabia.