Sunday March 3rd, 2024
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Bahrain Fintech Bay & US State Department's MEPI Launch New Accelerator 'Build for Bahrain'

The new programme is on the lookout for innovative startups addressing challenges in the health and business continuity sector.

Staff Writer

Bahrain Fintech Bay has teamed-up with the US State Department’s Middle East Partnership Initiative (MEPI) to launch a new virtual accelerator programme that is seeking innovative solutions to the challenges posed in the health and business continuity sector. Named ‘Build for Bahrain’, the programme’s launch comes as part of continued efforts to aid the country’s economic recovery and secure the future of its digital economy.

20 tech-based proposals will be accepted, before being incubated in the programme at Bahrain Fintech Bay, where they will receive mentorship and support on the development of their minimum viable product. Out of the initial draft of startups and entrepreneurs, selected finalists will get the chance to take centre-stage at a demo day on February 22nd, 2021, where three will be awarded funding.

“We believe this tangible cross-border collaboration will pave the way for future impactful projects,” said Khalid Dannish, CEO of Bahrain Fintech Bay, said of the new programme. “Build for Bahrain is one of several programmes introduced by Bahrain FinTech Bay’s ‘Innovate for Bahrain’ initiative which aims to accelerate economic recovery, health, and prosperity and as an outcome crystalise the kingdom’s long-term commitment to innovation.”

Applications are open until December21st. Click here more information on how to apply

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