Tamkeen supports 36 companies in AlDana Expo 2013

Press release

Published June 30th, 2013 - 05:07 GMT

Al Bawaba

In line with its objective to enable businesses in Bahrain to enhance theircapabilities and growth, Tamkeen supported the participation of 36 companies AlDana Expo 2013, a leading fashion and lifestyle exhibition, through the Tarweej scheme, one of many business support schemes it provides under its flagship Enterprise Development Support Programme.

The 3 day event,was held at the Gulf Hotel, from Thursday, June 27^th to Saturday, June 29^th.The total contribution by Tamkeen to the benefiting companies totaled BD17,280, a significant increase compared to 2012 which saw participation from 28 companies with total contribution from Tamkeen reaching just over BD 4,500. Most of the benefiting enterprises are owned by businesswomen.

Tamkeen Acting Vice President for Private Sector Support Mr. Mohammed Bucheery commented, “It is encouraging to see more business owners, particularly SME’s, becoming more innovative and shrewd in how they utilise these trade shows and exhibitions to maximise their exposure. Such events are the perfect platform to not only showcase products and services, but also to network, gain market insights, and build lasting business relationships.”

The Tarweej scheme enables companies to gain wide exposure through local, regional, and international exhibitions. All eligible companies in Bahrain may benefit from the scheme, but need to apply one month in advance of the desired event.

Over 6,000 companies have been served through the various schemes under the Enterprise Development Support Programe umbrella, with total contribution from Tamkeen reaching BD 33 million.All companies in Bahrain may benefit from these schemes provided they meet the eligibility criteria.

In addition to Tarweej, it also includes “Istishara” to assist in the strategic planning and determining vision and goals of the company, Techania to provide support for the purchase of latest enterprise-related tools and equipment, “Jawda” to assist in the design and application of world-class quality standards, “Tasweeq” to support the creation and implementation of effective marketing and communications strategies, and the “Legal Services Support Scheme”, which provides access to a wide range of legal support services.

Background Information

Tamkeen

Tamkeen is a public authority established in August 2006, tasked with supporting Bahrain’s private sector and positioning it as the key driver of economic growth and development. Tamkeen is one of the cornerstones of Bahrain’s national reform initiatives and Bahrain’s Economic Vision 2030.

Tamkeen has two primary objectives - firstly, foster the development and growth of enterprises, and second provide support to enhance the productivity and training of the national workforce. To achieve these objectives -Tamkeen’s 2018-2020 strategy focuses on Diversifying offerings, Accelerate delivery and Sustaining Impact.