Greater collaboration between corporates and start-ups urged

MANAMA: Corporates and start-ups need to work together to achieve greater collaborative success is the unanimous view of eminent figures within Bahrain’s entrepreneurial ecosystem.

This follows a panel discussion hosted by Nest, a Hong Kong-based corporate innovation accelerator that has regional offices in Bangkok, Bahrain and Nairobi.

The panellists included: Simon Galpin, managing director of Economic Development Board; Amal Kooheji, managing director at the Human Capital Development Advisory; Alharith Alatawi, chief operating officer of Skiplino and chief executive of ONEGCC.

In alignment with Nest’s goals, the panel discussion was part of Global Entrepreneurship Week (GEW) in Bahrain, said Nest chief executive Lawrence Morgan, adding that Bahrain has proven to be a strategic location of tremendous potential.

“Nest has built an innovation ecosystem to connect the fast-growing markets of Asia, the Middle East and Africa,” added Mr Morgan.

Nest and American Express Middle East are together running the first corporate accelerator programme focused on delivering innovative digital solutions to customers and business partners in the Middle East.
The Accelerate ME programme will scale up to seven local and international start-ups with innovative solutions to cater to deliver unique customer engagement, automated payments, and alternative physical and digital platforms for merchants.

Nest has also been awarded the Tamkeen tender, an initiative by the government to create opportunities for Bahrainis in the labour market and for enterprises to develop and flourish.

An initiative of the Global Entrepreneurship Network (GEN), the GEW was supported by Tamkeen, a semi-government organisation that has been working to advance entrepreneurship for more than 10 years.

In that time, it has launched more than 200 programmes and initiatives focused on areas such as funding and financing, skill and career progression, customised employment schemes and entrepreneurship exposure, amongst others. 

Source: http://www.gdnonline.com/Details/431665/Greater-collaboration-between-corporates-and-start-ups-urged

 

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