The twenty-third meeting of the Small and Medium Enterprises Development Board was held under the chairmanship of H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, and in the presence of representatives of member entities, on Tuesday 18th February 2025 via video conference.
At the beginning of the meeting, the Ministry of Industry and Commerce reviewed the recommendations of the twenty-second meeting, in addition to the latest developments and key performance indicators of the Board until the end of 2024.
The Labour Fund "Tamkeen" gave a presentation on the latest developments in the SMEs Development Board strategy roadmap, in addition to presenting a questionnaire addressed to the private sector in the Kingdom of Bahrain in joint cooperation between Tamkeen, the World Bank and Ipsos, which aims to bridge knowledge gaps in the labor market and analyze the drivers of the private sector, and the obstacles that prevent growth, job creation, innovation and sustainability, to provide appropriate solutions and improve the business environment.
The Tender Board also presented a report on supporting initiatives and ways to enhance SME access to government tenders, and discussed future plans to address any challenges.
Al Amal Fund then gave a visual presentation, highlighting ways to enhance investment in the incubators and accelerators sector according to the best international practices.
Export Bahrain reviewed the latest statistics, achievements and solutions available in the field of export.
At the end of the meeting, HE Minister Fakhro praised the achievements of the Council, stressing the need to continue efforts to enhance cooperation between the concerned authorities to support the SMEs and entrepreneurship sector, in a way that strengthens the foundations of this sector and contributes to its development in order to build the national economy.
