Applications Open for Riyada Business Accelerator Programme's Second Cohort

TDT | Manama

Email: mail@newsofbahrain.com

The Labour Fund (Tamkeen) and Salica Investments (formerly Hambro Perks) have officially opened applications for the second cohort of the Riyada Business Accelerator Programme. Designed for tech startups with Minimum Viable Products (MVPs) or those on the verge of launching, the programme offers an unparalleled opportunity for entrepreneurs to grow and scale their businesses. Applications will remain open until December 4, 2025.

The six-month accelerator programme provides entrepreneurs the tools and resources to transform their ideas into thriving businesses. Participants will benefit from:

• Tailored Mentorship: Guidance from experienced advisors to refine business models and strategies.
• Funding Opportunities: Access to potential investors and funding resources.
• Commercialisation Strategies: Support in building a competitive product and achieving market readiness.
• Team Building: Insights on creating strong, capable teams to drive success.
• Product-Market Fit: Assistance in aligning offerings with market demands.

Success Stories from the First Cohort

The program's impact is evident in its alumni's success stories. Salman Almarzooq, founder of Travilege, shared his experience:
"The Riyada Business Accelerator Programme has been transformative for my business. The funding we secured, coupled with tailored mentorship and networking opportunities, has helped us refine our model and expand our vision. Our connections with industry leaders and peers opened doors we never imagined possible."

Empowering Startups for Growth

Zainab Khamis, Managing Director of the Riyada Business Accelerator Programme, emphasized the initiative's commitment to fostering innovation:
"Our goal is to empower startups with the knowledge, tools, and connections they need to excel. By engaging with industry experts, forming valuable networks, and gaining targeted mentorship, startups can position themselves for success in today’s competitive market. The achievements of our first cohort underscore the programme's value, and we look forward to supporting the next wave of entrepreneurs."

What’s New in the Second Cohort?

The upcoming programme features enhanced offerings, including expanded networking opportunities and access to an Investor Mixer, where participants can pitch their startups to potential investors. These additions aim to further strengthen the entrepreneurial ecosystem and provide startups with greater exposure.

How to Apply

Startups with a Commercial Registration (CR) and at least one Bahraini founder are encouraged to apply. Interested entrepreneurs can visit www.Tamkeen.bh to submit their applications and learn more about the programme.

Don't miss this chance to elevate your startup to new heights with the Riyada Business Accelerator Programme.