Jul 10 2011 |
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Tamkeen supports 80 enterprises at the Bahrain Shopping Festival
Tamkeen
supports 80 enterprises at the Bahrain Shopping Festival
The initiative is part of Tamkeen 's Growth Assistance Scheme and will see each beneficiary get assistance of up to BD 225 (or 90%) of the stall cost so that SMEs can participate in the festival and develop their business and get valuable exposure.
" Tamkeen is delighted to support the Bahrain Football Federation's Bahrain Shopping Festival and this initiative, which is part of our Growth Assistance Scheme will directly benefit small traders and businesses which felt the brunt of recent market turbulence," said Tamkeen 's VP for Enterprise and Human Capital Development, Dr. Ahmed Abdul Ghani Al Shaikh.
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Tamkeen is a semi-autonomous yet independent authority which formulates strategic and operational plans to use the fees collected by the LMRA in order to enhance the overall prosperity of Bahrain by investing in Bahraini employability, job creation, and social support.
Tamkeen 's main objectives are to support Bahrainis to become the employees of choice, and to support high quality private sector job creation and helping the private sector cope with the impact of labour market reform.
To achieve these objectives, Tamkeen will invest in the cost and quality competitiveness of Bahrainis (e.g., reduction of cost of employing Bahrainis relative to expatriates, investment in skill and attitude improvement programmes of Bahrainis) and tackle employment barriers on both employer and new market entrants sides through a combination of financial incentives and capability building; and in supporting the private sector's adjustment to new cost structures by providing access to capital to alleviate short-term cash constraints or improve productivity, and in know-how initiatives that support improvements in productivity and decreased reliance on expatriate labour through spreading management and technical knowledge.
Tamkeen has invested more than BD 140 million in more than 70 projects that targeted more than 50,000 Bahraini nationals and organisations.
The development of programmes is continuing as Tamkeen 's strategy to increase the number of beneficiaries on an ongoing basis, which reflects the kingdom's economic development in general.
For more information about our programmes, please call:
Marketing Communication department
Tamkeen
Telephone: 17383326 / 17383327
Fax: 17382352
Email: info@tamkeen.bh
Website : www.tamkeen.bh
http://www.facebook.com/TamkeenBahrain
http://twitter.com/TamkeenBahrain
http://www.youtube.com/TamkeenBahrain
© Press Release 2011
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