DS-Concept Partners with Accelerate SME for MENA Enterprises
DS-Concept has partnered with Accelerate SME, an online ecosystem platform launched by Thomson Reuters that connects SMEs in the MENA region to a full range of resources for various levels of business development, from idea conception to expansion. With nearly 20 years of experience in the trade finance industry and an active presence in the SME market of the Middle East, DS-Concept comes on board as a trusted financing solution offered to members of the platform.
Accelerate SME provides support for a company’s end-to-end needs, including startup guidance, online community sharing, workflow solutions, news and valuable insights about the market, business credibility, and of course, financing. Users can network with other registered businesses in the MENA region and submit fast-track applications to financing partners, who can, in turn, choose to fund them or recruit other companies of interest.
The platform, then, is designed as both a peer-to-peer tool and a place where businesses can meet different partners and investors. To improve the credibility and visibility of company profiles, Thomson Reuters implemented a Trust Rating feature, a unique algorithm that gives companies a grade indicating their financial health.
The partnership marks the pairing of two influential entities in the Middle East region. With offices in and around MENA, including Turkey, Dubai, Pakistan, and Bangladesh, and involvement in market-specific initiatives such as Dubai Exports, DS-Concept joins the cast of Accelerate SME with expertise relevant to the region. Thomson Reuters, itself a global and reputable company, has also on-boarded a host of estimable financial institutions, workflow, and service providers in the MENA region to contribute to the platform’s and its members’ success.
DS-Concept is an international trade finance group headquartered in Germany with more than 20 global offices. DS-Concept works with SMEs worldwide to provide non-recourse factoring and supply chain financing. With over 150 employees located on 4 continents, speaking over 15 languages, our staff offers world class customer service and truly understands global trade.
Thomson Reuters is a global solutions service providing “the intelligence, technology, and human expertise [professionals] need to find trusted answers.” It provides data and insights for a host of industries including financial, legal, news and media, risk management, tax and accounting, automotive, energy, government, and technology. Thomson Reuters has over a century’s worth of experience and offices in over 100 countries.