Bahrain is keen to keep pace with the latest developments in the field of entrepreneurship and to boost partnership between the public and private sectors to achieve the goals of the kingdom’s Economic Vision 2030.
This is according to Bahrain’s Industry and Commerce Minister Abdullah bin Adel Fakhro, who inaugurated the Global Entrepreneurship Conference, organised by the Bahrain Entrepreneurship Foundation, from February 5 to 6, a Bahrain News Agency (BNA) report said.
The minister affirmed Bahrain’s support to entrepreneurs and SME development.
Five main pillars
He said the SMEs’ development council was formed on five main pillars that facilitate the access of startups and SMEs to the necessary support and access to markets, by simplifying the business environment, developing skills and promoting innovation. There have been a total of 43 approved initiatives, of which 20 have been implemented so far.
Bahrain Entrepreneurship Foundation Chairwoman Feryal Abdullah Nass said the conference aims to achieve the sustainable growth of SMEs.
She stressed the need for national efforts by promoting a culture of creativity and innovation and exchanging experiences in economic affairs, in a way that contributes to the development of the economy.
The conference includes a panel discussion with Fakhro, BCCI Chairman Sameer Nass, Nass and several high officials.
The discussion will highlight investment, access to finance in the world of innovative startups, global women leaders, innovative and sustainable media entrepreneurship, innovation and business opportunities, and a strategic direction towards digitalisation.
It also features several international entrepreneurs and speakers to discuss business developments and entrepreneurship, investment opportunities and identify challenges and how to overcome them.
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