Bahrain backs SMEs and entrepreneurs

This came as the minister inaugurated the two-day Global Entrepreneurship Conference, organised by the Bahrain Entrepreneurship Foundation

Industry and Commerce Minister Abdulla bin Adel Fakhro affirmed Bahrain’s support to entrepreneurs and SMEs development.

This came as the minister inaugurated the two-day Global Entrepreneurship Conference, organised by the Bahrain Entrepreneurship Foundation.

The kingdom is keen to keep pace with latest developments in the field of entrepreneurship, and to strengthen partnership between the public and private sectors to achieve the goals of Bahrain’s Economic Vision 2030, he said.

He Indicated that the SMEs development council was formed with a plan based on five main pillars that facilitate the access of startups and SMEs to the necessary support and access to markets, by simplifying the business environment, developing skills, and promoting innovation with a total of 43 approved initiatives, up to 20 initiatives of which have been implemented so far.

Bahrain Entrepreneurship Foundation chairwoman Feryal Abdullah Nass said this conference aims to achieve sustainability growth for SMEs.

She stressed the need for national efforts, promoting a culture of creativity and innovation, and exchanging experiences in economic affairs, in a way that contributes to the development of the economy.

The conference will include a panel discussion with Mr Fakhro, BCCI chairman Sameer Nass, Ms Nass, and several top-ranking officials.

The discussion will highlight investment, access to finance in the world of innovative startups, global women leaders, innovative and sustainable media entrepreneurship, innovation and business opportunities, and a strategic direction towards digitalisation.

The conference will also feature several international entrepreneurs and speakers to discuss business developments and entrepreneurship, investment opportunities in this field, and identify challenges and how to overcome them.

Source: https://www.zawya.com/en/world/middle-east/bahrain-backs-smes-and-entrepreneurs-fn1ceb1e

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