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The graduation ceremony of the fourth batch of Brinc MENA IoT Accelerator Program was conducted late last week. The Ministry of Industry, Commerce, and Tourism, represented by the SME Development Department participated in the event, held in partnership with Tamkeen, Batelco, Bahrain Economic Development Board (EDB), and Oqal.

The fourth cycle of Brinc MENA’s Demo Day also took place under the theme of “IoT: Enabling Digital Transformation in the MENA Region.”

The startups to have participated in the Demo Day are also focused on IoT and connected hardware solutions. Their objective is to tackle some of the world’s most pressing challenges using the power of these nascent, but fast-growing technologies. 

With Bahrain as the launchpad for their future ventures, the event played a key role in helping the Kingdom establish itself as an emerging power in the domain of IoT and related technologies. 

Among other perks, the Demo Day also underscored the ever-strengthening cooperation between Bahrain and China and how it is helping IoT startups in the Kingdom to benefit from the massive connected hardware manufacturing capabilities in the Asian economic powerhouse.

The five Brinc portfolio companies to have graduated the fourth cycle are — ANSER, Freepark, WASCO Lab, Linkers IoT, and Crowd Powered. 

In addition to highlighting the four different verticals that collectively constitute Brinc’s Investment Thesis, the event also focused on giving the five portfolio companies access to a wide range of regional, local, and global investors.

Keep checking our page and stay tuned as Brinc MENA has some exciting news to share.