Applications are now open for season 3 of entrepreneurship-themed reality television show Beban.
Show producer Hope Ventures, the investment arm of Hope Fund, announced entrepreneurs looking for an opportunity to raise funds can register and participate in the show through the website: hopefund.bh/beban.
Beban aims to matchmake promising businesses with strategic regional investors who can help businesses scale and expand beyond borders, as well as provide opportunities for business growth to the show’s participants.
Through its first and second seasons, Beban has facilitated the co-investment in local and regional opportunities by the public and private sectors alongside one another, with total investments raised exceeding $6 million.
Beban season 2, which is currently being aired on Shahid platform, Bahrain TV, AlRai TV, and Dubai TV, saw the show’s expansion to the UAE to feature entrepreneurs and opportunities from that country.
Additionally, this season witnessed the introduction of Beban Crowdfunding, a platform that aims to ease access to funding for businesses and empower investment in equity-based opportunities.
The new season is anticipated to expand to more countries as part of Hope’s mission to co-invest alongside the private sector in high-potential, scalable businesses and strategically accelerate their business growth into international markets while simultaneously shedding light on their journeys and their merited founders.
Inviting startups to apply for season 3, Fajer Al Pachachi, general manager at Hope Ventures, said: “Beban is an investment platform that connects entrepreneurs with strategic investors across the region. The show has resulted in the growth and expansion of local businesses regionally, capitalising on investors’ know-how, expertise, and business network to successfully enter new markets.”
Entrepreneurs will be selected through an evaluation process comprising five stages, starting with screening businesses for viability based on certain criteria, followed by an evaluation stage led by experts and specialists in the business sector.
Candidates will then be nominated to take part in an intensive training bootcamp stage, which will begin towards the second quarter of the current year.
The final stage will announce the eligible finalists, who will then go on to film the production’s episodes.
Applications can also be made by sending an email to hello@hopefund.bh.
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