March 9, 2023
2 mins read

StartUp Bahrain officially relaunches

Tamkeen and StartUp Bahrain established partnership as part of their commitment to supporting startups and entrepreneurs in the Kingdom…reports Asian Lite News

StartUp Bahrain, a leading platform in the Kingdom’s entrepreneurship ecosystem, now powered by The Labour Fund, “Tamkeen”, has announced and celebrated its relaunch on its 10th year anniversary.

Tamkeen and StartUp Bahrain established this partnership as part of their commitment to supporting startups and entrepreneurs in the Kingdom. As part of their relaunch, StartUp Bahrain announced that they will work on strengthening and empowering the startup ecosystem in the Kingdom of Bahrain through a new team, enhanced vision, and exciting activities, initiatives, and events for the years to come. The platform will continue to offer incredible perks like AWS Activate, free credits with FACEKI and free workshops with HyperGrowth, all to help startups grow and scale overseas.

On this occasion, Her Excellency, Ms. Maha Mofeez, Chief Executive of the Labour Fund (Tamkeen) stated: “Tamkeen is committed to nurturing a thriving startup ecosystem in Bahrain. By supporting StartUp Bahrain, we are ensuring that local talent and their innovative ideas have access to a wide range of opportunities to succeed and thrive, while also positioning Bahrain as a leading entrepreneurship hub in the region, thus driving economic growth and prosperity.”

She added: “Since establishment Tamkeen focused on empowering entrepreneurship and has supported during the past years more than 19,000 entrepreneurs to launch their new business ventures, while also partnering with several financial institutions to facilitate financing solutions which supported more than 7,000 small and micro enterprises.”

Since its inception, StartUp Bahrain has played a pivotal role in nurturing the startup ecosystem in Bahrain with programs, workshops and events, and this relaunch on its 10th anniversary symbolizes a new beginning in its journey, with more exciting and beneficial perks aimed at supporting startups. Moreover, StartUp Bahrain aims to further accelerate the growth of startups through this revamped platform, thus making a valuable contribution towards boosting Bahrain’s economy and fostering entrepreneurship in the region.

Bader Kamal from StartUp Bahrain, expressed his excitement about the relaunch, stating: “We are thrilled to have StartUp Bahrain enter its 10th year with an entity as dedicated and eager to empower the startup scene as Tamkeen. The ecosystem has grown tremendously in the past decade, and we are committed to fostering the growth and support towards the next generation of entrepreneurs in Bahrain by connecting them to stakeholders through a unified platform.”

Entrepreneurs in Bahrain will be able to reap the benefits of this partnership between Tamkeen and StartUp Bahrain through a variety of programs available on the platform, with more yet to be announced throughout the year. With this relaunch, StartUp Bahrain aims to play a leading role in driving innovation and economic growth in Bahrain for years to come.

StartUp Bahrain is one element of a comprehensive network of support available to startups in Bahrain and the wider region, which includes Tamkeen, the Bahrain Economic Development Board, and accelerators such as Flat6Labs and Brinc, Bahrain’s first Angel Investors Company Tenmou and the biggest FinTech incubator in the region, Bahrain FinTech Bay.

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