Bahrain's Tamkeen Relaunches Business Support Programmes After Hiatus
After a pandemic-forced hiatus Tamkeen is set to resume its programmes, starting with the Business Development Programme, with applications opening this month.
Bahraini public authority and labour fund, Tamkeen, has relaunched its programmes after Prince Salman bin Hamad, the Crown Prince and prime minister decided to gradually resume its activities and reopen the application windows for its Business Development programme. The fund had taken a pause shortly after the pandemic, but is now back in action.
Scheduled to launch on Sunday February 21st, the Business Development programme will focus on the growth and sustainability of the startups selected, as the Tamkeen fund tries to boost private sector businesses as the epicentre of Bahraini economy.
The programmes are back with an apparent fervour, with improvements having been made in strategy and a new emphasis placed on digitisation. The fund will be supporting businesses that they find are dynamic, objective-based, and adopt innovative solutions.
They’ll be looking to support businesses in fields including machinery and equipment, marketing and branding, ICT, business consulting, quality management, accounting and audit, exhibition participation and cloud computing. “It will also include virtual CRs where the owners can benefit from the allocated financial grants to support their wages,” Dr. Ebrahim Mohammed Janahi, chief executive of Tamkeen said. “Enterprises will also be able to apply for services from virtual CRs which are now considered part of the Business Development program, given that they’re considered service providers.”
All other major programmes they have to support individuals and businesses will also be resumed during the upcoming period, as well as also introducing more support areas to increase their contribution to the Bahraini job market.
Learn more about Tamkeen and its programmes here.