MANAMA: Hope Ventures, the investment arm of Hope Fund, has launched Bidaya; a bootcamp for Bahrainis with unique ideas that they are looking to develop into viable businesses.
The programme will allow future entrepreneurs to gain access to knowledge, industry expertise, networking opportunities and extend the fundamental working tools required for their business’s success.
Bidaya will be facilitated by the accelerator Brinc Mena and will comprise two phases designed to empower participants and hone their budding entrepreneurial skills and ambitions.
The programme will start with a seven-day concept refinement phase, from which a group of the participants will graduate and proceed to a three-week long entrepreneurship focused phase.
Opportunities
By the end of the programme, participants will be ready to pitch their business ideas to Hope Ventures for potential equity investment opportunities.
Commenting on the initiative, Youth and Sports Minister Aymen Almoayyed, who is also chairman of Hope Fund, said: “Bidaya serves as the start for young ambitious Bahrainis in their entrepreneurial journey. It is part of Hope’s overall strategy to cultivate an entrepreneurship culture in the kingdom by empowering Bahraini youth to launch and grow their business concepts.”
Also commenting was Fajer Al Pachachi, general manager of Hope Ventures, who said: “Whether they are founders that require investment or individuals with unique and scalable business ideas, we are looking for people who are dedicated and objective-driven and have the ability to capitalise on mentorship opportunities that will ultimately help them excel at their business of choice.”
Applications for Bidaya will be accepted on www.hopefund.bh till October 7, and the programme will begin on November 1.
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