FINDING THE RIGHT INVESTOR FOR YOUR STARTUP
Finding the right investor for your startup could be challenging at times, especially when you want to scale your business with minimum loss. Applying for a loan could be the easiest way out but what about having a business expert involved as well in every step of the way rather than just having capital with no clear vision. Is it possible to have both? Certainly it is: such an orginization exists in Bahrain and they call themselves Business Angel Investors.
Tenmou is Bahrain´s first Business Angels Company to invest in high potential, innovative Bahraini entrepreneurs who have reached the stage of viability in their business journey. Through the support and mentorship provided by their Angel shareholders, all of whom are reputable and established businessmen and entrepreneurs, who look not only to fund startups but also to provide the proper mentorship and strategies to ensure the success and scalability of these startups in every step of the way, they have been able to support some pretty awesome startups since its inception.
Some changes in management took place in early 2018, with Nawaf Mohamed AlKoheji as CEO of Tenmou. Nawaf has a vast entrepreneurial expertise after establishing a career in Tamkeen and is an entrepreneur himself, launching a catering company known as the Culinary Company. So far Tenmou has invested in 23 startups from media, technology, food and the entertainment industry between 2011 to 2016. Some of the companies they have invested in may sound familiar such as Eat app, Malaeb, Fish Transporter, Mealprep, Impossible Source and uTrack TV. Most recently, Tenmou announced its partial exit from Eat app with an earning of 20x ROI on its initial investment, which is recognized as one of the first exits in Bahrain.
The year 2019 seems very promising, since Tenmou announced that it is moving its headquarters to The Terminal building in the heart of block 338 in Adliya, where the first Investors and Startups Hub is going to come alive. This hub will serve both parties immensely from having closed offices, co-working spaces, mentorship courses and much more to support the startup ecosystem in Bahrain and the MENA region. Also, Tenmou is working to revamp its investment model and brand with innovative vision. Later this year, Tenmou will be announcing the opening of startup applications and hosting the 8th edition of the MENA Angel Investors Summit. So stay tuned for what Tenmou has to offer!
Nawaf AlKooheji
CEO Tenmou
For more information:
Tel: +973 17 820 827
E-mai: info@tenmou.me
website: www.tenmou.me