MANAMA: A food pick up solution, developed by a trio of students from Bahrain Institute of Banking and Finance (BIBF), has won first place in a workshop-cum-contest organised by Hope Ventures.
The workshop titled ‘Build Your Business with Less Than BD1,000’, saw students from the BIBF, University College of Bahrain, Ahlia University, Royal University for Women, Bahrain Polytechnic, and University of Bahrain take part in multiple training sessions over two days, designed to enable entrepreneurs to start businesses using minimal funding.
The universities entered teams of three to four students, who worked together to develop a business concept that can be launched with less than BD1,000 in funding. The teams pitched for an opportunity to win BD500 and a seat at the concept refinement phase of Bidaya, Hope’s recently launched entrepreneurship programme.
The pitches delivered by the students showcased their creativity and strong problem-solving skills, presenting a wide range of solutions that included a micro-financing platform, marketplace for home repairs, restaurant table booking app, social learning platform for students, and a solution to invest safely in real estate abroad.
The activity was also a part of Hope Ventures’ participation in the Manama Entrepreneurship Week, where the company’s general manager Fajer Al Pachachi gave a talk on championing Bahraini entrepreneurship.
Hope Ventures is the investment arm of Hope Fund.
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