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Bahrain showcases startup ecosystem

Bahrain Business
Thu, 12 Jul 2018

MANAMA: Bahrain’s experience in providing a fertile, supportive environment that empowers start-ups and stimulates their growth has been showcased by a high-level business delegation at the Asia RISE Hong Kong Summit.

The four-day event that ends today has brought together more than 350 speakers from the world’s largest companies, including Microsoft and Amazon, as well as startups from around the world, along with 15,000 entrepreneurs from more than 100 countries.

The Bahraini delegation was led by the Startup Bahrain initiative, Economic Development Board (EDB), Tamkeen, Industry Commerce and Tourism Ministry, as well as startup accelerators Brinc and C5 and the Nest.

The event also featured a special pavilion devoted to Bahrain’s entrepreneurial ecosystem.

Economic Development Board ICT executive director John Kilmartin, who was a part of the delegation, said “Conferences such as RISE Hong Kong are great platforms to promote Bahrain’s startup ecosystem and the milestones achieved in attracting and supporting startups in the kingdom.”

Startup Bahrain in co-operation with Tamkeen also sponsored the participation of five Bahraini startup founders in the event with the objective of growing their businesses.

According to Tamkeen’s chief operations officer Qusay Al Arayedh, attending such global event would give Bahraini startups the opportunity to learn from best practices as well as showcase the Bahraini model of startup ecosystem and exchange expertise.

“The five startups were selected by a committee of ICT specialists,” said Mr Al Arayedh.

While in Hong Kong, the delegation has also taken part in two other events, the first organised by startup accelerator Brinc and the second one by Hong Kong-based corporate accelerator Nest.

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