Wednesday 23 October 2019
 
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HRH Prince Salman bin Hamad Al Khalifa

Tamkeen launches Bahrain Award for Entrepreneurship

MANAMA, September 5, 2019

Tamkeen, Bahrain’s labour fund, has announced the launch of the Bahrain Award for Entrepreneurship in its fourth edition for the year 2019-2020.

In line with the Bahrain Economic Vision 2030, the launch of the fourth edition under the patronage of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister supports the Kingdom’s efforts in further strengthening the private sector to become the main driver of economic growth.

Dr Ebrahim Mohammed Janahi, chief executive of Tamkeen said: “The Bahrain Award for Entrepreneurship commences for its fourth consecutive year as a result of the continued Royal directives aimed at further enhancing the Kingdom’s economic development, through supporting diversification efforts driven by innovation and knowledge.

“The Award’s purpose is to support the Kingdom’s comprehensive development, in line with the Bahrain Economic Vision 2030. And as part of Tamkeen’s longstanding mission, the Award continues to bolster the private sector’s efforts in further strengthening the Kingdom’s economy, through supporting and honouring local entrepreneurs.”

Tamkeen will be accepting applications and nominations from enterprises commencing on September 5 until October 5.

Businesses and entrepreneurs can register and nominate in the following seven categories: Microenterprise of the Year, Start-up of the Year, SME of the Year, Enterprise of the Year with International Footprint, Sustainable Business Award and Female Entrepreneur of the Year.

The seventh award category is the Lifetime Achievement Award, which honours the longstanding achievements of an accomplished Bahraini entrepreneur who has had a positive influence and made significant contributions to developing Bahrain’s local economy and community.

Applications and nominations can be made through the website at bahrainae.com wherein an eligibility criterion is set and additional information regarding each category is available. Applicants are required to address a set of questions and provide information related to the relevant category.

The prestigious award was launched in 2015, under the patronage of HRH the Crown Prince. It is a pioneering national program aimed at motivating and inspiring local business owners to contribute to Bahrain's economic prosperity. The Award provides a leading local platform structured to enhance business innovations and promote the culture of entrepreneurship in the Bahraini community.

The award holds an importance in developing the performance of Bahrain-based organizations and in further strengthening the Kingdom’s entrepreneurial competitiveness regionally and internationally.

The fourth edition is anticipated to attract a greater number of participants in the wake of the continuous growth of the entrepreneurship sector in Bahrain, along with the growing desire of local entrepreneurs to compete for the award. – TradeArabia News Service




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