Small business, big plans in Bahrain
It’s no surprise that the Kingdom of Bahrain has big plans for its entrepreneurship ecosystem. The small Gulf island has historically punched way above its weight in terms of its service and knowledge industries, with a strong heritage in financial services. Bahrain is now one of the most diversified economies in the region, with the hydrocarbons industry representing less than fifth of the kingdom’s annual GDP.
While the long-established Tamkeen is the kingdom’s best-known government SME support programme, Bahrain has more recently put the spotlight on women’s SMEs with the establishment of Riyadat – the island’s first female-focused business incubator centre.
“The purpose of the incubator is to offer entrepreneurs a holistic platform of products and services under one roof,” says Marwa Hejairi, senior officer, tenant relations at Riyadat. “We function as a catalyst that promotes and encourages leadership, innovation and entrepreneurship among all women within the Bahraini community.”
Source Credit: Wamda
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