Tamkeen’s Enterprise Development Support Agency recently reached a significant milestone, having served more than 750 enterprises since the start of the Enterprise Development Support Programme’s second phase nearly two years ago. Nearly BD 2.8 million was contributed by Tamkeen in support over that span.
The enterprises represent a broad cross-section of sectors and industries within Bahrain, with the majority coming from the wholesale/retail, manufacturing, ICT, construction, and tourism, and agriculture sectors, respectively. Nearly one-third of the beneficiaries were businesswomen.
The enterprises were distributed amongst the five main Enterprise Development Support schemes which are as follows:
“Istishara” which helps business owners map out a clearly defined business strategy and growth plan
“Techania” which helps procure equipment relevant to the enterprise’s main business activities
“Jawda” to design and implement accredited quality systems and procedures
“Tarweej” which helps enterprises participate in local and international events and exhibitions
“Tasweeq” to devise and execute a comprehensive marketing plan.
In addition, nearly 2,400 business owners attended the orientation sessions held five times a week at the Agency’s offices in Seef. The sessions clarify how businesses work and common challenges that may face them, as well as detailing the wide array of tools offered through the schemes to avoid these challenges and put the enterprise on the right track towards growth and prosperity.
Moreover, the Agency’s representatives conducted more than 850 site visits to the enterprises’ premises to assess their current standing and track their progress to ensure the proper implementation of the recommendations given to them.
Tamkeen’s Enterprise Development Support Programme experienced a significant jump in signups since the updates to the programme’s benefits and eligibility criteria went into effect on June 1st.