60 teams move ahead in Bahrain business contest
MANAMA, 6 days ago
Tamkeen, Bahrain’s labour fund, announced that 60 teams, out of 110 teams, have been qualified to continue on to the Business Planning phase of a youth business plan competition after completion of the Orientation Training Programme.
Mashroo3i is a national platform for Bahraini youth aimed at promoting entrepreneurial values and supporting them in transforming their business ideas and dreams into feasible business plans.
The competition targets youth aged between 18 to 30 years old who are passionate about entrepreneurship in order to cultivate and inspire the next generation of entrepreneurs and support the overall growth of the Kingdom’s economy.
“Mashroo3i aims to prepare the next generation and help them become successful entrepreneurs. We are proud of the calibre of teams involved in this year’s edition and are closely monitoring their progress as they creatively convert their ideas into businesses,” said Mohammed Ahmadi, manager of Youth Schemes at Tamkeen.
“This is the fourth edition of the competition and we are happy with the response received so far from the teams. All participating teams, which total up to 110 teams, have successfully completed the Orientation Training phase; out of which 60 teams were shortlisted to continue on to the Business Planning Phase of the competition. The teams were shortlisted based on set guidelines including evaluation of business ideas and individuals characteristics,” he added.
During this stage of the competition, the teams will be working very closely with the mentors for the duration of two months in order to develop their business plans. Thirty teams will make it to the next stage which is the Prototype Phase. The prototypes will then be exhibited during an event held in one of the shopping malls in July. – TradeArabia News Service