Mashroo3i is an entrepreneurial development program in Bahrain, organized by Tamkeen and powered by Brinc. It aims to foster innovation and support local startups. It provides aspiring entrepreneurs with the resources, training, and mentorship they need to turn their business ideas into reality. This initiative is part of Bahrain’s broader efforts to stimulate the local economy through innovation and the development of a robust entrepreneurial ecosystem.
The ten-week program encompasses three major parts: the ideation phase, the advisory phase, and a demo day to pitch and showcase their service or product to Tamkeen for investment opportunities.
Innovation in Bahrain has surged in recent years, driven by government policies, investments in technology, and initiatives like Bahrain’s Economic Vision 2030, which promotes diversification away from oil. The Kingdom has positioned itself as a hub for FinTech, ICT, and startups, offering a friendly regulatory framework, free zones, and support programs for digital and sustainable ventures.
Joining Mashroo3i offers several key benefits and has transformed the lives of early-stage entrepreneurs.
Mohammed Abdulelah, Founder of InnoTaqa and former Mashrooo3i participant, commented: “Mashroo3i was a transformative journey that reshaped my understanding of startups. This program became my compass, steering me through the intricate world of entrepreneurship, and illuminating pathways I never knew existed. The program helped me acquire invaluable knowledge and build connections with various passionate individuals. The experience broadened my perspective, unveiling the complexity of building a successful startup while nurturing my skills and enhancing my entrepreneurial mindset. Mashroo3i isn’t just a program; it’s a gateway to a thriving community and a catalyst for personal and professional growth.”
Here are a few compelling reasons why to join Mashroo3i:
- Comprehensive Support for Entrepreneurs
Mashroo3i provides entrepreneurs with end-to-end support, including business training, mentorship, networking opportunities, and access to resources that help turn ideas into viable businesses. It also offers business planning, strategy, financial management, and guidance.
- Tailored Mentorship
Participants gain access to experienced mentors who offer personalized advice and expertise across various industries. This mentorship can help entrepreneurs navigate challenges and make informed decisions as they develop and grow their businesses.
- Access to Funding Opportunities
Mashroo3i connects entrepreneurs with investors, venture capitalists, and other financial resources. This is crucial for startups looking to raise seed funding or scale their operations. Additionally, participation in the program can increase credibility and attract investment. The winners receive a financial grant from Tamkeen to help scale their business models.
- Networking and Collaboration
The program fosters a community of like-minded entrepreneurs and business professionals. Participants have the opportunity to network with peers, industry leaders, and potential partners, creating valuable relationships that can support their business journey.
- Business Exposure
Entrepreneurs in Mashroo3i often receive visibility and exposure through program-related events, media coverage, and public showcases. This helps them build brand awareness and market their products or services to a broader audience.
- Support for Innovation
As part of Bahrain’s drive towards innovation and economic diversification, Mashroo3i is aligned with national policies that support entrepreneurship, particularly in emerging sectors like technology, sustainability, and digital transformation. Startups focused on innovative solutions can find additional support and opportunities.
- Cultural and Regional Relevance
Mashroo3i is tailored to the Bahraini market, ensuring that entrepreneurs receive regionally relevant guidance that takes into account the local business landscape, market conditions, and cultural factors.
By joining Mashroo3i, entrepreneurs can accelerate their startup journey with a solid foundation, access to essential resources, and the backing of a reputable program that has a track record of fostering successful businesses in Bahrain.
Through these initiatives, Mashroo3i has helped Bahrain transition toward a more diversified, innovative, and inclusive economy, positioning the country as a forward-thinking business hub in the Middle East. Brinc, a global venture capital and accelerator firm, and Tamkeen have played pivotal roles in shaping budding Bahraini entrepreneurs to become successful and scale.
For more information on Brinc and the Mashroo3i program, please visit the website.
