Tamkeen, on Feb 21 (Sunday), resumed the rollout of its support programs under the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.
The labor fund had temporarily halted its main business development programs last year so it could redirect vital resources and funds to businesses hit by the COVID-19 pandemic. As StartUpBahrain has reported extensively over the past several months, Tamkeen’s Business Continuity Support program to help out pandemic-affected organizations throughout the Kingdom has yielded impressive results.
Tamkeen announced earlier last week that the relaunch of its main programs would start with the opening of the application window for the Business Development Program (BDP) on Feb 21, 2021. For the uninitiated, the BDP is a flagship initiative to support private sector enterprises while simultaneously helping boost the human capital of the country.
H.E. Shaikh Mohammed bin Essa Al Khalifa, the Chairman of Tamkeen, took this opportunity to highlight the changes implemented in the revamped support programs.
He noted, “The improvements came as part of the recently announced strategy during Tamkeen’s Consultation Forum. According to the feedback received from the Forum, it emphasized the need to add more flexibility to the support programs while also increasing the quality and performance of the services, and to encourage enterprises to adopt more digital and innovative solutions to achieve further expansion and sustainability.”
Tamkeen has also assured all stakeholders that the labor fund has fine-tuned all the programs and processes to further enhance their efficiency and impact across all sectors including small and medium enterprises, as well as the micro sectors.