Spring Venture Services, a management consulting firm based in Bahrain, has announced the launch of the eighth cohort of Rise: The Art of Fundraising, an intensive two-week training programme in collaboration with the kingdom's labour fund Tamkeen.

 

The programme is aimed at equipping startup founders with the skills and knowledge needed to secure investment and scale their businesses.

 

It is held under the supervision of Spring Venture Services and with the participation of Salica Investments, which provides founders with specialized funding and support, as well as access to a wide network of leading investors in the Mena region, enhancing the chances of success for startups.

 

Since its inception, Rise has successfully organized seven training batches in preparation for 15 Startup Bahrain events, enabling 104 Bahraini startups to enhance their readiness to invest and secure the necessary funding.

 

It will provide participants with a comprehensive learning experience through interactive workshops, conversations with industry experts, and one-on-one counseling sessions, giving entrepreneurs the necessary expertise in fundraising, presentation, and business strategy.

 

The events are organised through strategic partnerships with leading entities including the Ministry of Industry and Trade, Tamkeen, the Economic Development Board, the Bahrain Development Bank and Startup Bahrain. 

 

Its strategic objectives, as well as additional funding opportunities and ongoing advisory support from the programme's network of partners to ensure accelerated growth and success in the market.

 

Below are the startups participating in the eighth batch of the program by sector:

 

*In technology and AI, du's platform offers an innovative experience to enhance customer engagement using AI technologies, helping businesses deliver more efficient and personalised services. 

*Tamam is an advanced AI-based order management system designed to support small businesses in improving their operations. 

*Cruise Technology offers an innovative safe driving rewards programme, which relies on telematic technology to track and analyze drivers' behavior and motivate them to drive responsibly.

*In the field of e-marketplace and e-commerce, Byspay provides an integrated digital platform that connects buyers, sellers and investors, enhancing business opportunities and economic growth. 

*Cardio facilitates car care services through a digital platform, allowing customers to access advanced maintenance and repair solutions with ease. 

*On the other hand, Tahdaa offers an innovative model that integrates gifts and charitable donations, allowing users to present gifts in a way that has a positive social impact.

*In finance and business services, Safar offers flexible travel financing solutions, making it easier for individuals to achieve their travel experiences without immediate financial burden. At the same time, *Rantat streamlines property management processes through an integrated digital system, making it easier for landlords and tenants to manage operations smoothly and transparently.

*In the field of consumption and lifestyle, Kalani offers cutting-edge esports event management solutions, creating the perfect environment for competitive gaming enthusiasts. 

*Jalees provides a flexible on-demand childcare platform that connects parents and trusted care providers with ease and safety and 

*Finally, Seera offers a meal subscription service that supports local vendors, allowing individuals to access diverse food options while supporting entrepreneurs in the food sector.

 

The RISE program continues to play a pivotal role in supporting entrepreneurship in Bahrain, giving startups access to industry leaders, investors and potential partners, enhancing their opportunities for sustainable growth and business expansion, said the statement from Tamkeen. 

 

The program reflects its commitment to empowering entrepreneurs by providing them with the tools and resources to transform their ideas into successful projects that can compete and develop, it added.-TradeArabia News Service