Surge in number of enterprises supported by Tamkeen in Autumn Fair 2012

Press release

Published January 30th, 2012 - 05:47 GMT

Al Bawaba

35 Bahraini enterprises supported by “Tarweej” – one of Tamkeen’s Enterprise Development Support Programme schemes - are exhibiting in the Autumn Fair 2012 which is currently being held at the Bahrain International Exhibition and Convention Centre.

The 35 enterprises mark a five-fold increase in the number of Tamkeen beneficiaries compared to the 7 who benefited in last year’s event. The surge came as a result in a significant spike in demand from enterprises wishing to take part in the Autumn Fair this year and showcase their products and services.

“Tarweej” is one of the many schemes available to private sector enterprises under Tamkeen Enterprise Development Support Programmes, and aims to enhance the performance of Bahraini enterprises to make them more productive, efficient and competitive in line with the objectives of Bahrain’s 2030 Economic Vision. The scheme covers 80% of the participation costs in trade fairs, exhibitions, and other events.

“Tamkeen contributed nearly BD54,000 in support to business enterprises to participate in this year’s Autumn Fair,” said Tamkeen’s Private Sector Support Senior Manager, Mohamed Bucheery. “To date, Tamkeen has contributed more than BD 1.6 million to enable more than 800 enterprises to be present in leading local, regional, and international events through the “Tarweej” Scheme. This milestone is testimony to the programme’s success, and fuels our commitment to enable even more enterprises to find new growth opportunities through this and other Tamkeen enterprise support programmes.” Says Mr. Bucheery

Mr. Mohammed Al Sagheer, owner of Labelle Shop, which specializes in selling weight-loss products, said he has enrolled in several Enterprise Development Support Programmes and is very pleased with the outcome it has on his business, but this is his first time participating in the Autumn Fair through the “Tarweej” scheme. He further noted that he reaped many benefits from his participation, including a having larger exhibition area, discovering new products, trends, and business opportunities, and promoting his brand in general.”

Owner of Malaya Fashion, Ms. Zahra Hassan, who is participating for the first time in this event, commended the support extended by Tamkeen, saying the event has enabled her to market her products and network with her counterparts and clientele, and urged all business owners in Bahrain to take advantage of Tamkeen’s programmes as she has.

Another business owner, Mr, Mohammed Fakhri owner of Fakhri Travel and Tourism Centre said his participation in this year’s Autumn Fair enabled him to have a broader platform by which he can offer his services to a wider audience, especially considering the huge volume of footfall the event has attracted thus far, and said he looks forward to take part in other exhibitions abroad through the support of the “Tarweej” scheme.

Enterprise Development Support schemes and other Tamkeen enterprise support programmes are open to all business owners in Bahrain.

Background Information

Tamkeen

Tamkeen is a public authority established in August 2006, tasked with supporting Bahrain’s private sector and positioning it as the key driver of economic growth and development. Tamkeen is one of the cornerstones of Bahrain’s national reform initiatives and Bahrain’s Economic Vision 2030.

Tamkeen has two primary objectives - firstly, foster the development and growth of enterprises, and second provide support to enhance the productivity and training of the national workforce. To achieve these objectives -Tamkeen’s 2018-2020 strategy focuses on Diversifying offerings, Accelerate delivery and Sustaining Impact.