Tenmou, Bahrain’s first Business Angels Company, which provides both mentorship and capital to high-potential, innovative Bahraini entrepreneurs from the seed stage, has launched the Investors’ Awareness Programne.
Tenmou stated that through the support and mentoring provided by its Angel shareholders, all of whom are established businessmen and successful entrepreneurs, the goal of this programme is to give these new entrepreneurs the best chance for success by enhancing their awareness and skills with the latest investment methods in start-ups and SMEs, and the promising opportunities these investments bring in terms of profits and supporting the Bahraini economy.
Tenmou is organising this two-day programme in person at the Four Seasons Bahrain Bay and sponsored by CIPE (The Centre for International Private Enterprise) as well as the US Department of State under the Middle East Initiative (MEPI). The Programme Partnership includes Bahrain Businesswomen’s Society (BBWS), as part of Tenmou’s keenness to boost investment awareness among Bahraini women.
The training in the programme will be conducted by Alexa Hall, who is a global expert in finance, project management, cross-functional team leadership and organisational strategy, and has worked for several of the largest global companies such as Google, Hewlett and others.
“In the framework of the cooperation agreement between Tenmou and (CIPE), which the two sides signed in December 2021, for the purpose of expanding and growing, the programme focuses on evaluating companies, feasibility studies, identifying new growth horizons, and exploring investment opportunities and challenges locally, regionally, and globally in light of Industry 4.0,” said Tenmou CEO Nawaf Al Koheji.
Al Koheji affirmed that part of the agreement with (CIPE) includes identifying financing opportunities for Bahraini companies involved in the project, that’s which is why the programme aims at enlightening Bahraini investors about these rewarding investment opportunities.
Role of investors
“Through this programme, we promote the role of investors in stimulating the national economy by developing the SMEs sector and boosting its contribution to the GDP. This is with the framework of supporting Bahrain's entrepreneurship system, and in line with the economic recovery plan announced last November by the esteemed government,” Koheji added.
Bahrain Businesswomen’s Society (BBWS) Board Member Hala Sulaiman affirmed that the society's involvement in this awareness programme is part of its effort to educate Bahraini businesswomen about promising investment fields, and to enlighten their awareness of new potential opportunities on where and how to diversify their finances and investments.
“The programme keeps pace with the achievements of Bahraini women in the economic sphere, as demonstrated by the fact that 43% of all commercial records in Bahrain are owned or managed by women, 28% of all investors on the Bahrain Stock Exchange are women, and 39% of companies benefited from Bahrain Exports support are women-owned and managed,” Sulaiman added.
The Bahrain Businesswomen's Society continues to celebrate more than 21 years of innovation, mentorship development and women's empowerment, and was born out of a need for representation for the growing ranks of Bahraini businesswomen.
With increasing access to the highest education and specialised courses and a national economic vision which embraced the participation of women, more and more Bahraini women were entering the business league as entrepreneurs, CEOs and creators of opportunity.
The Society was founded with the aim of nurturing the expanding role of Bahraini women and promoting women's empowerment and entrepreneurship in local, regional, and international commercial and economic activities.
Through its activities such as workshops, seminars and conferences and international networking, the BBS endeavours to equip businesswomen with the knowledge and skills they need to develop their business, while facilitating their business platform locally and internationally.-- TradeArabia News Service