nogaholding Affirms its Support of Bahraini Entrepreneurship through Beban TV Show Sponsorship
Beban, Bahrain’s first entrepreneurship-themed reality television show, produced by Hope Ventures, is pleased to announce that its highly anticipated second season is powered by The Oil and Gas Holding Company B.S.C (closed) (“nogaholding”) to be aired in January 2023.
Beban revolves around entrepreneurs pitching their businesses before a panel of regional investors for investment and strategic business development opportunities. The show aims to shed light on success stories and facilitate the co-investment of high-potential businesses alongside the private sector to strategically accelerate their business growth to regional and international markets. Season 1 resulted in a commitment of 5 deals worth over USD 1,000,000 in total and USD 120,000 worth of advance orders.
Season 2 will be bigger, louder, and more exciting as it expands to include entrepreneurs and strategic business opportunities from Bahrain and the United Arab Emirates. Season 2 will also comprise an exciting new element to the show; a crowdfunding platform that will allow the public to invest in the opportunities presented on the show from the comfort of their homes. The introduction of the platform, which is licensed by the Central Bank of Bahrain, makes Beban TV show the first interactive reality TV show in the world with a crowdfunding element to it, further giving businesses the opportunity to raise investment from numerous investors.
Mr. Mark Thomas, Group Chief Executive Officer of nogaholding, commented: “We are proud to partner with Hope Ventures on such an ambitious initiative that supports and encourage rising entrepreneurs. This partnership aligns with nogaholding’s commitment as an active contributor and growth catalyst in the local economy as we progress in driving energy development and delivery in the Kingdom under the leadership and guidance of His Highness Shaikha Nasser bin Hamad Al Khalifa, His Majesty’s Representative for Humanitarian Works and Youth Affairs, Chairman of nogaholding.”
Commenting on the occasion, General Manager at Hope Venture, Ms. Fajer Al Pachachi, shared: “I am excited to announce the partnership with nogaholding, which is a testament to nogaholding’s efforts toward creating unique, alternative, and more sustainable energy sources that generate wealth for the Kingdom of Bahrain, and entrepreneurship is, without a doubt, a viable resource. We look forward to our joint efforts to further boost promising entrepreneurs and their businesses that will ultimately shape the new economic landscape for Bahrain.”
Hope Ventures thanks His Highness Shaikh Nasser bin Hamad Al Khalifa, representative of His Majesty the King for Humanitarian Works and Youth Affairs, for His guidance and unwavering support that led to the creation and development of Beban, which contributes to the shaping of a robust, regional investment ecosystem.
To stay up to date with all-things-Beban, make sure you follow the show’s social media accounts at @bebanme.