New project to support young entrepreneurs
Manama, June 4, 2013
Entrelab, a project aimed at supporting young entrepreneurs and youngsters with business ideas in Bahrain, was launched at the Seef Mall yesterday.
The project, which will run until the end of July, provides the youngsters with a series of booths in the mall where their products will be on display.
Initially 12 potential business people were taking part but by the end of the event, a total of 21 hopefuls will have had a chance to showcase their business ideas, reported the Gulf Daily News, our sister publication.
The event was opened by Industry and Commerce minister Dr Hassan Fakhro and US Ambassador Thomas Krajeski.
It has been organised by Tenmou, the Bahrain business angels company, which helps young people develop entrepreneurial ideas into businesses, and the US Embassy, which is funding the event.
Dr Fakhro stressed the importance of such events and its role in identifying entrepreneurs and projects, which are mostly small but innovative in business sector.
These projects are expected to emerge and grow steadily especially in light of strong support received from the government and the ministry, which adopts many programme in this sector, he added.
Dr Fakhro and Mr Krajeski toured the stalls and listened to a brief summary of each start-up business.
The minister commended the excellent products of entrepreneurs and admired the innovative products.
He praised the role played by US Embassy in supporting the entrepreneurs.
"We support business all over the world and we are particularly keen on supporting young entrepreneurs in partnership with the government here in Bahrain," said Krajeski.
"I have been very impressed with the ventures these young people are offering.
"We are supporting Entrelab because we believe that it is important that young people with ideas get support and a boost like this event.
"Who knows there could be a future Bill Gates taking part in this event," he added.
"About four to five of the young entrepreneurs taking part are already active in the Tenmou programme but we screened other youngsters with business ideas and invited them to participate," said Tenmou chief executive Hasan Haider.
"Before launching Entrelab, we sent them on a mentorship programme and gave them some marketing training to help them promote their ideas," he added.-TradeArabia News Service
More Education, HR & Training Stories
- University of Ain Shams opens MS treatment unit
- Masdar Institute launches BP scholarship programme
- New 'Indian' school to open in Bahrain
- Qapco to fund 6 Qatar University projects
- CIMA unveils innovative syllabus for 2015
- 100 experts for Dubai HR summit
- J4B marks first year with Tamkeen backing
- Saudi CEOs ‘highest paid in GCC’
- UAE ministry seals Microsoft deal
- Pact signed for UAE girls students' development
- Bahrain private school to resume classes
- BIBF signs deal with Palestinian institute
- Number of Omani working women soars
- Bayt.com launches Employer of Choice Awards
- Rota interview to screen youth conference applicants
- Experts discuss ways to build talented aviation workforce
- Top e-learning experts at Dubai summit
- Top education experts win GESS awards
- Bahrainis top GCC nationals seeking Saudi jobs
- Transguard launches graduate trainee programme
- Applications invited for Bahrain scholarship
- New technology training for educators
- Mubadala tie-up promotes healthy lifestyle
- GCC education sector short of 200,000 professionals
- Rosetta Stone buys language-learning firm
- Focus on special needs education
- NIIT signs deal with Com Group
- iPads replace textbooks in 75 Saudi schools
- 250 students tour aviation training facility in Abu Dhabi
- 40 Jordanian students showcase apps, games