More than 1,000 inspired self-starters and innovators explored their potential this year
Tenmou, Bahrain’s first ‘Business Angels’ organisation, have concluded this year’s Global Entrepreneurship Week (GEW), in the Kingdom of Bahrain. The event had kicked off on Sunday, 15th November 2015 at an inaugural ceremony which was held at the Bice Restaurant at MODA Mall. Hosted by Tenmou, the GEW took place from 16th–22nd November 2015 and also featured the Startup Weekend.
Throughout the GEW week, a series of Signature events took place which included Start-up Weekend, the Global Start-up Battle and the Creative Business Cup. Participants attended workshops and mentorship sessions which helped them to learn a step-by-step process in setting up successful businesses. More than 1,000 potential and existing entrepreneurs attended making it the most successful event to-date.
Mr Sami Jalal, Chairman of Tenmou said: “We are proud to have again hosted the Global Entrepreneurship Week and join more than 160 countries around the world to celebrate this global endeavour. GEW is a celebration of the innovators and job creators who bring ideas to life, drive economic growth and expand human welfare.”
“I would like to thank our strategic partners for extending their support to bolster the next generation of enterprising talent to help them pursue their dreams and further strengthen Bahrain’s entrepreneurial ecosystems.”
Commenting on the GEW announcement, Hasan Haider Chief Executive Officer at Tenmou, said: “Our strategic objective is to be the catalyst which brings potential entrepreneurs and business leaders together to engage, connect, mentor, build and develop their confidence and ambitions through a series of activities hosted by partner organisations. Global events such as this provide the right platform for Bahraini entrepreneurs to connect and build their regional and international entrepreneurial network. We look forward to next year’s event.”
The GEW partners included Tenmou, Bahrain Small and Medium Enterprises Society (SMEs), Bahrain Chamber of Commerce and Industry (BCCI), 4 Spots, Suhail Al Gosaibi, Bahrain Businesswomen’s Society, Hasan Al Doy, Rowad, Jasper Frumau, Startup Bahrain, and Zain.
Startup-Weekend was hosted by Tenmou, in strategic partnership with Tamkeen, ALBA, Microsoft, Batelco and Coca-Cola Bottling Company and took place from 19th to 21st November 2015.
On this occasion, His Excellency, Shaikh Mohammed bin Essa Al Khalifa, Chairman and Acting Chief Executive said, “The significance of this initiative aligns with Tamkeen’s efforts and vision in supporting private sector entities, fostering business and enterprise development, providing support to enhance productivity and continuing the country’s economic growth. As these objectives are achieved and implemented for the enhancement of innovation and performance we can ensure further growth moving forward and jointly contributing to the national economy. ”
Global Entrepreneurship Week is a worldwide movement of entrepreneurial people, stimulating the economy by unleashing their enterprising talents and turning their ideas into reality. It aims to inspire the next generation of future potential entrepreneurs and business leaders by engaging, connecting, mentoring, building and developing their confidence and ambitions through a series of activities hosted by partner organisations.
Launched in 2011, Tenmou aims to support entrepreneurs with valuable business assistance, including financial investment, mentorship, advice and guidance. Tenmou recognizes that for many entrepreneurs, mentorship programmes can be as valuable as financial investments. Each project receives practical advice and training from the company’s board members, who bring with them a wealth of business experience. These training sessions expose the entrepreneurs to real business situations and are conducted in the form of regular workshops
Established with a start-up capital of BD1 million (US$2.7 million),Tenmou invests an average of BD20,000 – 30,000 for a stake of on average 20% – 30% in each project that meets its criteria, and will provide a three-month mentorship period, including support services, at no cost to the entrepreneurs.