Tamkeen supports 171 companies in gulfBID, Gulf Interiors and Gulf Property Show

Under its continuous efforts to provide support to enhance the productivity and growth of enterprises, Tamkeen supported the participation of 171 enterprises in gulfBID, Gulf Interiors and Gulf Property Show, some of the region’s most influential architectural, engineering and design events, which commenced on May 7^th and will continue to 9^th May at the Bahrain Exhibition and Convention Centre under the patronage of HRH the Prime Minister Prince Khalifa bin Salman Al Khalifa. The companies benefited from Tamkeen’s “Tarweej” scheme, one of the many business support schemes under its flagship Enterprise Development Support Programme. 

In gulfBID, the number of beneficiaries this year reached 87 businesses compared to 49 in the year 2012, while for Gulf Interiors, the number reached 72 beneficiary companies, compared with 44 in the previous year, and for the Gulf Property Show, the number of companies supported reached 12 businesses this year. Across all three events, Tamkeen provided a support value of approximately BD 830,000. 

Tamkeen Acting Vice President for Private Sector Support Mr. Mohammed Bucheery commented, “These three events are considered one of the most important events within the field of property and construction in the region, and with over 25% of the visitors from regional and international backgrounds, the events provide a major platform for local businesses within this field to expand their operations beyond the Kingdom and continue to grow and develop.” 

The Enterprise Development Support Programme is in line with Tamkeen’s objective to boost capabilities of the private sector and enhance the productivity and growth of businesses in Bahrain. The “Tarweej” scheme enables companies to maximise their exposure through local, regional, and international exhibitions. All eligible enterprises in Bahrain may benefit from the scheme, but need to apply one month in advance of the desired event. 

Tamkeen has allocated over BD 126 million to the Enterprise Development Programme to date, and more than 5,500 enterprises in Bahrain have benefited from it to date. 

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, the “Large Enterprises Support Scheme” which allows large enterprises to acquire industrial machinery and technology and the “Legal Services Support Scheme”, which provides access to a wide range of legal support services. 

Enterprises interested in benefiting from the Enterprise Development Support schemes may visit Tamkeen’s Enterprise Development Support Agency at Meral Building located in Seef area, or call the toll-free number (80008001), or email ([email protected]).