In a big boost to Bahrain’s thriving startup ecosystem, YoStartups and CH9 joined forces earlier this year to help entrepreneurs with their newly founded businesses. The two organizations are conducting multiple sessions of their flagship ‘My Startup Bootcamp’ in the Kingdom this year, the second of which recently wrapped up successfully.
The second batch of the bootcamp had more than 120 applicants, of which only 20+ individuals from 18 startups were shortlisted for the three-day program that went live on April 28. The shortlisted startups included 12 Bahraini firms, and six global startups from India, Egypt, Hong Kong, Slovenia, and Saudi Arabia.
The bootcamp is not industry-specific and includes startups from many different sectors such as FinTech, Medtech, alternative energy, e-commerce, and Edtech.
Based on the concept of lean startups, the second edition of My Startup Bootcamp educated the participants on how to build on their initial concept, refine their ideas, and come up with an impeccable business model and strategy.
“Using our step by step approach, early-stage startups can test the hypothesis and avoid scaling up premature ideas. Premature scaling is one of the biggest reason for startup failure,” said Jappreet Sethi, CEO of YoStartups.
If you’re also an entrepreneur with an early-stage startup that could use a program such as My Startup Bootcamp, the third edition of the program is coming later in Oct 2018 (during Bahrain Technology Week). The application window for the third edition of the bootcamp will open sometime later this month.