Seven promising Bahraini startups pitch concepts at key event

TDT | Manama                                        

The Daily Tribune – www.newsofbahrain.com   

StartUp Bahrain, the leading startup ecosystem platform in the Kingdom of Bahrain, held its first pitching event as part of the StartUp Bahrain Pitch series.

The event was held in collaboration the Ministry of Industry and Commerce, the Labour Fund (Tamkeen), the Economic Development Board and Bahrain Development Bank.

During the event, seven local startups pitched their concepts to a panel of judges in the presence of investors and ecosystem leaders for potential investment opportunities and a grand prize for the first place winner.

On this occasion, Ali Hasan, Executive Director of Programs and Partnership Development at the Labour Fund (Tamkeen) emphasized Tamkeen’s commitment to empowering the startup ecosystem in Bahrain through tailored support programs and initiatives.

He said, “We made it a priority to tackle one of the key obstacles startups’ growth, which is access to funding and finance.

StartUp Bahrain Pitch allows entrepreneurs at the same stage of development to pitch in front of a panel of local and international investors to secure funding necessary for them to grow and expand.”

“Startups need funding to hire the talent they require, expand their operations to new segments and markets, develop new services and products, and innovate, all which can lead to a positive impact across the national economy,” he added.

The startups pitched technology-based concepts that provided innovative solutions within various sectors, such as tourism, real estate, education, gaming, creative industries, and more.

The concepts were well-received by the judges who commended the startups on their efforts and following a thorough judging process announced the winner, Fablemill, an award-winning boutique production house and advisory firm focused on amplifying stories from the Arab world.

Commenting on their win, Eman AlSabah, Founder of Fablemill, expressed gratitude to the various stakeholders involved in organizing this initiative and discussed plans for growing Fablemill, said, “Fablemill has ambitious plans ahead to continue developing Arab stories which reflect local heritage, traditions, and mythology while also amplifying female voices and empowering local creative talent.”