KPMG Fakhro announces the inauguration of the new EDSA offices
As part of Tamkeen's Enterprise Development Support Programme, KPMG Fakhro inaugurated the new Enterprise Development Support Agency offices, located in Meral building in the Seef District.
KPMG Fakhro will be the Project Manager of the third and fourth year of the EDS programme, and will be in charge of the implementation of the Programme, running the day-to-day business and operational activities of the programme as well as providing services for Bahraini enterprises who submit applications to benefit from the various schemes. As part of Tamkeen's Enterprise Growth Management Strategy, the Enterprise Development Support Programme offers support for Bahraini enterprises in line with the Bahrain's economic development.
The new Enterprise Development Support Programme website was also launched (www.tamkeen.bh/edsa), and offers information on the available services, facilitates the application process, and allows applicants to follow up on the status of their applications.
The bi-lingual website will also offer general information about Tamkeen's Enterprise Development Support Programme and its schemes, allowing Bahraini businesses and entrepreneurs to apply to Tamkeen's schemes. The website, which will be updated daily, will also act as a tracking tool for applicants to monitor the status of their applications.
Commenting on the opening, Tamkeen's Chief Executive, Abdulellah Al-Qassimi said: "Tamkeen's Enterprise Development Support Programme is specifically designed to facilitate the growth of the private sector in Bahrain by providing the necessary support for entrepreneurs who are looking to improve the productivity and efficiency of their businesses. This comprehensive programme works on many levels to put enterprises on the fast track towards success by assisting companies in upgrading their technical facilities, verifying their business processes following the provision of specialised consultancy services, designing business plans, executing certified quality processes, and providing support in terms of obtaining international consultancy when needed."
Mr Al-Qassimi added "The appointment of KPMG Fakhro, internationally renowned for its' project management capabilities, as a partner in the Enterprise Development Support Programme will speed up the daily operations required to manage this ambitious programme. Our overriding goal is to enhance Bahraini enterprises and make them a driving force for Bahrain's Economic Vision 2030, and our partnership with a leading organization on the calibre of KPMG Fakhro reflects this long-term commitment to provide business owners with value added services and rapid returns."
"We are honoured to be working hand in hand with Tamkeen to support the development of Bahraini enterprises. This programme will provide Bahrainis with a tool to enhance and develop their businesses, thereby improving productivity of the private sector, improving the overall quality of life for business owners and entrepreneurs as well as their employees," said Jamal Fakhro, Managing Partner at KPMG Fakhro. "Through investing in Bahrain's human capital and encouraging cooperation between the public and private sectors, this programme will act as catalyst for helping achieve Bahrain's Economic Vision 2030. We are confident that we will be able to help effect a positive change in the way that small, medium and large enterprises operate here in Bahrain through participation in this new phase of the Enterprise Development Support Programme."
The new website will provide information about the Enterprise Development Support Programme, the requirements for joining the programme, and all needed documentation for applications. Applicants can submit their applications either through the website or by visiting the new Enterprise Development Support Agency offices in the Meral building, Seef District, during regular working hours which is from 7:30 am and 3:30 pm, Sunday to Thursday.
The third and fourth years of Tamkeen Enterprise Development Support Programme will accommodate an additional 1000 enterprises, this is in addition to the enterprises that participated in the first two years of the Programme which was run in partnership with Talal Abu Ghazaleh, who is tasked with managing and monitoring the first batch of benefiting enterprises for the next two years.
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About Tamkeen:
Tamkeen (Labour Fund) is an 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 aims to be the enabler and driver in promoting business growth and offering rewarding employment opportunities in order to attain prosperous living for Bahrainis. This will be achieved through investing in human capital, enabling enterprise growth and development, and collaborating with key policy makers and partners from the public and private sector.
The Tamkeen Enterprise Development Support Programme was conceived to stimulate the growth of Bahrain's private sector. The Programme provides co-financing to business owners, integrated with consultancy and technical assistance, aiming to improve the productivity and efficiency of Bahrain's enterprises.
The Enterprise Development Support Programme is a set of professional tools designed to benefit those looking to create positive change and improve their businesses, putting enterprises on the fast-track towards a productive and prosperous future.
KPMG Fakhro has been appointed as the agency for the new phase of the Enterprise Development Support Programme. Established in 1968, KPMG Fakhro has extensive local experience combined with first rate international skills, making it the ideal partner to help fuel the growth of Bahrain's business community in line with Bahrain's Vision 2030.
For more information, please contact:
Afrah Faraj
Hill and Knowlton
Phone: +973 17533532
Fax: +973 17533370
Email: Afrah.faraj@hillandknowlton.com
© Press Release 2009
