Bahrain too seeks to step into entrepreneuship which for sure was made more resilient by the frame of the Abraham Accords. In a press release the Tamkeen Fund calls for applications which will support start-ups within over three steps.
Established in the year 2006 Tamkeen invested about 1 Billion BHD and leveraged about 700 Million BHD. Finally, Tamkeen supported about 65.000 enterprises and made about 20.000 start-ups to launch.
Tamkeen was finally awarded for their transformation to a modern ‘business tank’ turning the Kingdom of Bahrain into a modern economy and to fit to the new frame of the Abraham Accords. Israeli companies and institutions are well advised to seek the co-operation with Tamkeen, which is the major player in Bahrain.
The new brand identity reflects Tamkeen’s a full-fledged transformation strategy that was developed based on market needs, following which 16 programs were launched in line with the national priorities and the economic recovery plan to incentivize high potential sectors.
This change was reflected in Tamkeen’s new brand identity, in which the “Growth Mark” element has been introduced, symbolizing the movement towards a dynamic future and a greater positive impact in the national economy.
In the press release on the Young Entrepreneur Programm you can read: “The Labour Fund (Tamkeen) announced the opening of applications for its Young Entrepreneur Programme (Mashroo3i 2.0). The programme was previously known as Mashroo3i and was launched by Tamkeen in 2012 following which it ran for six editions.
The updated version of this programme aims to empower Bahrainis who are between the age of 16 and 30 and who possess an entrepreneurial spirit and passion for innovation. It also grants them the opportunity to bring their concepts to life and launch new business ventures, enhancing economic growth led by Bahraini Youth.
Over the course of the programme, participants will gain the skills and knowledge required to pursue entrepreneurship as a career path, which contributes to building sustainable businesses in the local economy.
These include skills around ideation, concept validation, prototype planning and development, financial planning and forecasting, developing go-to market strategies, and pitch development, among other key skills. (….)
The programme accepts applications from both teams and individuals with a viable business concept or who have startups that are in the idea stage and early-stage. The program will run for six weeks, with the first phase comprising of a comprehensive bootcamp focused on helping participants refine and validate their business ideas.”