Tamkeen backs StartUp Bahrain Initiative

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

The Labour fund “Tamkeen” announced its support for the “StartUp Bahrain” initiative - a platform dedicated to startups in Bahrain.

The move comes as part of efforts to support the entrepreneurship ecosystem by promoting Bahraini startups and attracting investment that contributes to economic growth and sustainability.

The “StartUp Bahrain” initiative is one of the most prominent community initiatives launched in 2013 by stakeholders within the ecosystem, including government, startups, private sector companies, investors, entrepreneurs, and educational institutions, as well as several business incubators to foster an environment that supports and stimulates entrepreneurship.

The platform organized events, workshops, and initiatives that brought entrepreneurs together to exchange knowledge and expertise. To build on its momentum from the previous years, StartUp Bahrain said it aspires to establish an official platform.

“The platform aims at bringing together emerging Bahraini startups and enterprises, who are looking forward to expand in the Kingdom, by providing required services, facilities, programmes and initiatives that would contribute to their growth and expansion, locally and internationally.”

The platform aims to attract more than 350 startups and facilitate the necessary support, thus contributing to the creation of high-value sustainable jobs for local talent in high-potential sectors whilst providing the required training to achieve this objective.

Maha Mofeez, Acting Chief Executive of the Labour Fund “Tamkeen” stated: “Supporting startups encourages local talent to transform their entrepreneurial ideas into successful business ventures which have a positive impact on the national economy.”