Bahrain’s semi-autonomous government agency, Tamkeen Labour Fund, has entered into a strategic partnership to support the “StartUp Bahrain” initiative which is a platform dedicated for startups in the Kingdom.
This comes as part of its efforts to foster the entrepreneurship ecosystem through promoting Bahraini startups and attracting investment that contributes to economic growth and sustainability.
The 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 with the aim of fostering an environment that supports and stimulates entrepreneurship. The platform organized events, workshops, and initiatives that brought entrepreneurs together to exchange knowledge and expertise.
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.
“We strive to foster the entrepreneurship ecosystem especially for startups in the Kingdom, as it is the source of innovative ideas which position Bahrain as a leading hub in the region. Supporting startups encourages local talent to transform their entrepreneurial ideas into successful business ventures which have a positive impact on the national economy.”
Mr. Bader Kamal, Managing Partner, StartUp Bahrain, said that “We are eager about this fruitful partnership with Tamkeen during an important phase of StartUp Bahrain, as we aspire to seek greater economic impact on the national economy by linking the relevant partners in the ecosystem through a unified platform that brings together supporters and stakeholders within the startup ecosystem, thus facilitating its growth and attracting startups to join the initiative.”