Export Bahrain
Enable SMEs to internationalize
MVP Funding Scheme-Tamkeen
Enable fundraising during the pre-seed stage of startups to develop prototype (Up to 10,000BHD)
Sijili Support - Tamkeen
Provide Grants up to 5000BHD
Al-Waha Fund of Funds- Bahrain Development Bank
A $100 Million Fund of Funds to attract VCs
Bahrain Investment Market – Bahrain Bourse
Improve access to finance for fast growing companies
Implementation of the Cabinet Resolutions decision: (Resolution 06-2416 for 2017 and Resolution 2516-04 for 2019) regarding the participation of SMEs in government procurement
https://www.tenderboard.gov.bh/
Solar Energy Support program
One of the support programs provided by the Labor Fund (Tamkeen), aimed to facilitate the purchase of energy-generated solar panels for enterprises
https://www.tamkeen.bh/business-development-program-2
Crowdfunding Platform
A crowdfunding platform that will bridge the gap between entrepreneurs and investors by bringing investors together on a single platform to invest in pre-seed and growth stage startups with a passion to expand and create successful businesses and offer an opportunity to secure required funding, market access and career mentorship to entrepreneurs, from Industry experts.
Sustainability Support Schemes (with the introduction of VAT)
The program aims to support accounting and financial auditing services by adopting accounting systems in accordance with international standards to prepare small and medium enterprises for value-added tax.
Employees' Shares Schemes and convertible note
Helping small and medium Enterprises grow faster and motivating and retaining employees, as the interests of employees are linked with the interests of shareholders.
Women Banking Solutions
Enhancing banking solutions for women and continuing to support businesses led by them, with a focus on new solutions to expand the scope of local businesses and businesses activated by exports. Support includes direct and indirect financing, in addition to business incubators for women to meet local and regional demand for products and services.
Export Week
Exports Week of knowledge sharing sessions and B2B meetings highlighting national export achievements and to embody export results. This week is a proposal to maximize knowledge towards opportunities internationally, especially for certain regions and countries, showcase Made in Bahrain products and services, promote success stories and gain experiences for other exporting businesses among many other activities.
Made in Bahrain
Supporting national products through a package of services to improve local content, quality and market access as a better alternative to imported products.
https://moic.gov.bh/en/service/325
https://moic.gov.bh/en/service/325
SMEs Database
Establishing a database for small and medium enterprises to plan strategic objectives, conduct sectoral analysis, measure SMEs trends, make decisions, initiate programs necessary to enhance development processes, and evaluate current programs and related key performance indicators.
Sijilat 2.0
The "Sijilat" system in its second version, which was developed and improved in cooperation and work with the private sector and is characterized by the integration of its electronic services to facilitate the extraction and management of commercial records for investors. The system provides all information related to the rules, guidelines and procedures that must be followed to obtain commercial records in the Kingdom of Bahrain and the requirements of the authorities related to commercial activities, in addition to a summary of the business environment in the Kingdom and corporate governance, and the selection of the legal form of the establishment and the requirements for registration and notation in the register of the commercial establishment.
Bankruptcy Law
The first law applied in the Gulf according to the best international standards. The debtor or its creditors are allowed to initiate proceedings if the debtor fails to pay the debts within 30 days, allowing the bankrupt company to retain its administrative units. The court is allowed to appoint an independent bankruptcy trustee to assist the debtor with recommendations and action plans. The bankruptcy trustee also assists the debtor in working on a reorganization plan and provides a detailed inventory of its assets.
Technology Skills Development
Realizing the current gap in technological skills that Bahraini companies suffer from, to develop vocational training options, address those gaps, and take advantage of new trends (electronic clouds, electronic security, etc.)
Advisory Services
An electronic platform that provides guidance for startups, small and medium enterprises in order to enhance and develop their skills related to facilitating financing, facilitating access to markets and exploiting opportunities by benefiting from the services provided by the relevant authorities.
Bahrain Technology Transfer Center
The center will play a prominent role in improving the productivity of existing companies and stimulating the growth of emerging and digital companies by linking new technologies developed by the academic staff at the university to the private sector. As a result, intellectual property protection will be secured for the inventions of academic staff and students alike, and it will facilitate the process of negotiating licensing requirements, and it will also speed up the process of marketing and commercialization of innovations and products.
Tijara
A digital product that support SME growth and expansion by offering efficient and accessible lending products.
