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Mental health report reveals 55% founders rate ‘raising investment’ as the prime stress factor

Mental health report reveals 55% founders rate ‘raising investment’ as the prime stress factor

Covid-19 UpdatesMiddle EastTop Stories

EMPWR, a UAE-based digital media agency dedicated to mental health and an authority in mental health research in the region, is an exclusive mental health partner for WAMDA and Microsoft for start-ups, to create and publish a research report on the mental health challenges and wellbeing of entrepreneurs due to COVID-19 in the MENA region.

The results of the research indicate that start-up founders undergo higher levels of stress than the rest of the region, with twice the likelihood of developing depression issues. Fifty-five percent of start-up founders said that raising investment has caused the most stress; the pandemic was the second most-cited reason by 33.7% of respondents. While 35.9% of founders rate the state of their mental health as ‘bad’, and 44.2% spend at least two hours a week trying to de-stress. The report also includes a mapping of the mental health start-ups in MENA, a third of which were launched over this past year.

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