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Feb 13 2013

Tamkeen Backs Enterprises in Bahrain Boat Show 2013

Wednesday, 13 February 2013: As part of its ongoing efforts to enhance and develop private sector enterprises in Bahrain, Tamkeen is once again come on board to support the exhibitors of Bahrain Boat Show International (BBSI) through the "Tarweej" Scheme, one of the schemes under Tamkeen's flagship Enterprise Development Support Programme.

In 2011, Tamkeen supported 30 exhibitors through the scheme, which enables enterprises to participate in local and international exhibitions and trade fairs. Following the outpour of interest in the previous event held in 2011, this year's support is expected to double to reach up 60 exhibitors in all.

"Given the remarkable success of the previous shows, we decided to provide an opportunity for even more exhibitors to participate in the Bahrain Boat Show 2013. The prestigious event offers enterprises in the marine sector a great platform to showcase their products and services, find out about the latest technologies and developments, and build relationships with new customers and other companies from the region and beyond," said Tamkeen's Private Sector Senior Manager Mohammed Bucheery.

Enterprises interested in exhibiting in the event may visit Tamkeen's Enterprise Development Support Agency at Meral Building located in Seef area, or call the toll-free number (80008001), or email (edsa@tamkeen.bh).

Wael Juju, CEO and Organiser of Bahrain Boat Show said, "I am immensely proud of the success of BBSI. Each year, the show has become larger with more exhibiting brands, greater entertainment for our visitors, and has resulted in more exposure for our participants in particular and Bahrain in general. The Bahrain Boat Show International has become an event that showcases the brands, participants, and our island on a global level. I cannot express my gratitude and honour to have received this level of support and cooperation from Tamkeen."

The Bahrain Boat Show International 2013 will take place at Amwaj Marina on 28th, 29th and 30th of March 2013 from 3 pm to 10 pm every day. Tickets will be available shortly.

Please visit www.bahrainboatshow.com for more information.

About Knotika Boat Shows
Knotika Boat Shows is a regional exhibition company headquartered in Bahrain. It is a dynamic group of interconnected business interests focused on servicing and developing the growth of the marine leisure industry in Bahrain and across the region.

Media Contact:
Claire Jackson
PR and Media Coordinator
M: (973) 35316602
E: pr@bahrainboatshow.com

About Tamkeen
Tamkeen is an initiative funded by the private sector for the private sector, tasked with developing Bahrain's private sector and positioning it as the key driver of economic development. Established in August 2006, Tamkeen is one of the cornerstones of Bahrain's national reform initiatives and Bahrain Economic Vision 2030.

Tamkeen has two primary objectives: Firstly, fostering the creation and development of enterprises, and secondly, providing support to enhance the productivity and growth of enterprises and individuals.

Under each of those objectives, certain mechanisms and innovative support initiatives have been put in place by Tamkeen to address current and future gaps for individuals and enterprises in the private sector that have been identified by thorough studies of the labour market landscape. To date, Tamkeen has created 180 such support programmes.

For Bahrainis, Tamkeen's programmes range from developing the skills and capabilities of Bahrain's human capital, to promoting sound workplace ethics and training on leadership and management best practices, among others. For enterprises, Tamkeen provides programmes which offer enterprises with subsidised business support services, facilitate access to financing to bridge the enterprise financing gap, and enable entrepreneurship, to name a few.

As of end of 2012, Tamkeen's programmes have benefited 66,000 Bahrainis and enterprises in the private sector, and allocated more than BD 292.5 million to the sector for its ongoing and completed programmes. In all, more than 100,000 beneficiaries are expected to benefit from these support programmes.

Tamkeen's human capital development programmes have benefited more than 47,000 Bahrainis, including funding training for nearly 30,000 Bahrainis. In addition, they enabled a further 3,500 Bahrainis to find gainful employment, and more than 2,000 Bahrainis to obtain professional certifications in their respective fields.

For enterprises, nearly 19,000 enterprises have benefited from Tamkeen's support programmes, including enabling more than 4,900 enterprises to get low-cost capital through its BD210 million financing portfolio, and more than 4,500 enterprises to enhance their performance through its subsidised business support services.

In parallel, Tamkeen's programmes have played a key role in institutionalising new concepts within Bahrain's private sector, including SME and micro-financing, entrepreneurship as a viable career path, women empowerment, modern accounting and auditing systems within SMEs, and many other paradigms needed for a vibrant sustainable private sector.

Tamkeen's funds come from 50% of the fees collected from the Labour Market Regulatory Authority.

© Press Release 2013


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