Tamkeen supports Bahraini enterprises’ in international trade fairs

Press release

Published May 6th, 2012 - 06:30 GMT

Bahrain Smart eSolution

Tamkeen has supported nearly 50 Bahraini Business Entrepreneurs to participate in key international trade fairs and exhibitions from held during the first quarter of 2012.

The events covered a wide range of sectors and industries including ICT, construction, technology, safety & health, beauty products, and fashion.

The support is part of “Tarweej” Scheme, one of the schemes under Tamkeen’s Enterprise Development Support Programme. Since its launch in November 2009, Tamkeen has contributed nearly BD 1.5 million through this scheme which has enabled nearly 800 companies to showcase their products and services at leading local, regional and international trade fairs and exhibitions.

The exhibitions included the British and International Franchise Exhibition 2012, Dubai International Boat show 2012, Doha Trade Fair 2012, Bride Show Abu Dhabi, Buildex 2012 in Saudi Arabia, ChocoFlora in Ryiadh and QITCOM Conference and Exhibition in Doha.

Tamkeen’s Private Sector Support Senior Manager, Mohammed Bucheery said commenting on the programme “Prominent events held abroad provide an ideal platform for Bahraini private enterprises to penetrate foreign markets and become more sustainable. We currently have a further 95 enterprises which have registered to take part in upcoming key expos and International trade fairs, reflecting a strong push by Bahraini-based businesses to enhance their international footprint,” added Bucheery

Mr. Ahmed Khalfan, owner of Scubamaster Dive Shop, said the support has positively impacted his business through his participation in events such as the recently-held Dubai International Boat Show 2012 by opening up a new growth opportunity for him.

Ms. Huda Khalil, proprietor of Abayati, said her participation in the Bride Show 2012 in Abu Dhabi enabled her line of designer abayas to reach new clients, and she on taking part in the upcoming “Heya” Expo 2011 in Doha after her successful participation last year.

Tamkeen’s “Tarweej” Scheme is a co-financing Scheme designed to support Business Enterprises achieve sustainability by expanding the outreach of their products and services through local and regional exhibitions. Tamkeen subsidises 80 percent of the total costs of Bahraini companies participating in flagship trade exhibitions up to a maximum of BD 15,000 for small enterprises, and BD 20,000 for medium and large enterprises

For international events, the support also covers travel, accommodation, and shipping costs.

Business owners in Bahrain wishing to benefit from Tamkeen’s Tarweej scheme in international events must apply at least one month prior to the event, while local events only require 10 days.

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.