His Highness Shaikh Isa bin Salman bin Hamad Al Khalifa recently convened with Bahraini entrepreneurs who emerged as triumphant in the Startup Bahrain Pitch series. The event was orchestrated by StartUp Bahrain and the SME Development Board, with the objective of presenting and endorsing innovative business concepts in the Kingdom.
During the gathering, His Highness Shaikh Isa bin Salman underlined the importance of supporting entrepreneurship and creativity through endeavors such as the Startup Bahrain Pitch. This endeavor is regarded as a pivotal stride towards promoting economic expansion and advancing Bahrain’s comprehensive development, under the guidance of His Majesty King Hamad bin Isa Al Khalifa and with the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.
The winners of the Startup Bahrain Pitch series showcased their pioneering projects, which were chosen by judging panels from prior editions of the event. His Highness praised their triumph in metamorphosing their business ideas into flourishing ventures and lauded their tenacity and ingenuity that led to such a positive impact.
Furthermore, His Highness underscored the significance of entrepreneurship in propelling the Kingdom’s economic progress and emphasized the necessity of investing in local talent to enhance competitiveness and position Bahrain as a regional hub for entrepreneurship.
In conjunction with the meeting, an accord was inked between Tamkeen and Mumtalakat, with the intention of launching a new initiative that bolsters entrepreneurs and the innovation landscape in Bahrain. The agreement also encompasses a collaborative effort to introduce the “Startup of the Year” competition, where victorious startups from prior Startup Bahrain Pitch editions will compete for top accolades.
The Startup Bahrain Pitch series, which commenced in 2023, has established itself as pivotal in showcasing Bahrain’s dynamic entrepreneurship scene. It acts as an indispensable platform for entrepreneurs to present their ideas to potential investors, following an intensive boot camp that equips participants with valuable skills and knowledge.
This initiative aligns with Tamkeen’s mission to support enterprises at all stages of their journey, thereby contributing to the diversification of the business landscape and further bolstering the national economy.
The gathering was also graced by representatives from government entities, the private sector, and Bahraini entrepreneurs, underscoring the collaborative endeavor in propelling the Kingdom’s economic growth and fostering creativity and innovation.
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