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More than 3,500 Bahrainis got training and employment support from Tamkeen during the first two months of the year when 1,217 enterprises also got a boost, the government agency has announced.
Key performance indicators were revealed after Tamkeen’s first board of directors meeting for 2023, where the progress of the digital transformation plan was reviewed and the financial accounts for 2022 were approved.
The percentage of startups exceeded 51pc of the total number of supported enterprises.
During the meeting, chairman Shaikh Mohammed bin Isa Al Khalifa emphasised Tamkeen’s commitment to implementing its current strategy cycle which is in line with national priorities and the economic recovery plan.
The latest strategy focuses on incentivising high-potential enterprises that offer greater opportunities for growth and expansion, while also contributing to the creation of high-quality jobs for locals.
Maha Mofeez, chief executive of Tamkeen, said that Tamkeen will continue to build on the positive results of the past year, which contribute to achieving the desired impact of the support programmes and lead to sustainable economic growth.
During the first quarter, the agency launched several initiatives aligned with its objectives, including supporting the employment of Bahraini doctors in private sector institutions by providing training and employment support initiatives, in addition to providing incentives for institutions with high Bahrainisation rates amongst their medical staff.
As for entrepreneurship support initiatives, Tamkeen announced its partnership with several creative hubs as part of its support for the high-potential creative industries sector, which also includes support tracks within programmes.
Also announced during the quarter was the official relaunch of the Startup Bahrain platform, which will continue to empower and enhance the startup ecosystem in the kingdom. The relaunch includes an updated vision and new perks for startups.
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