Press Release
Under the patronage of the Central Bank of Bahrain, Startup Weekend Bahrain has announced its strategic partners for its new edition. Startup Weekend will be hosted by Bahrain FinTech Bay in Strategic Partnership with the National Bank of Bahrain, the Economic Development Board and Tamkeen.
Additional partners include Knowledge Partner Google Developers Group Manama, which is a platform offered by Google Developers to support community-run developer groups. Supporting Partner Batelco and educational partners; University of Bahrain and Bahrain Polytechnic. Startup Weekend is scheduled to happen on 21st – 24th November, 2019 from 6:30 pm onward.
With the support of local community partners, Startup Weekend allows participants to dive into the entrepreneurial mindset with access to vast resources, a lineup of industry experts and mentors, a dedicated workstation and the opportunity to meet potential partners from a diverse group of people. Bahrain’s startup ecosystem is thriving alongside governmental initiatives and support for entrepreneurs. The public sector has 300+ initiatives, a network of investors, and innovative regulatory reforms.
Startup Weekend is an intense 54 – hour event which focuses on building a web or mobile application which could form the basis of a credible business over the course of a weekend. Participants will be challenged to create a prototype of their minimum viable product (MVP) that should set out to solve, and address FinTech challenges within the Kingdom of Bahrain, and the GCC region. The 3-day event will present the current Fintech landscape, and outline how customers’ expectations are changing, with the ever increasing demand for services and goods to be provided through digital channels. Education and Knowledge partners will provide workshops and mentorship sessions to support the teams in all the stages of creating an idea from forming the team, building an actual product, and pitching their ideas.
3 teams with the best pitches will be selected and rewarded for their efforts with cash prizes, free co-working space for a set period and access to mentorship. Cash prizes will be for 1st, 2nd and 3rd place winners ranging from BD500 to BD 1500.
Startup Weekend is the world’s largest community of passionate entrepreneurs with representation in over 1,475 cities in 156 countries around the world, running for a decade with 410,000 participants and 7,000+ Startup Weekend events. The Startup Weekend Bahrain 2018 report highlights the 60 participants, their experience building a startup over the course of 3 days and the top 3 applications that were selected. To register: https://www.bahrainfintechbay.com/fintech-startupwnkdbh-2019
