Business Growth Program
Empowering enterprises to diversify and grow both locally and globally
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About the Program
This program supports the growth of existing enterprises by providing them with dynamic support solutions to achieve business objectives such as local or overseas market expansion, launch of new products and services, franchising, and export expansions.
In addition, the program will encourage enterprises to be more sustainable, productive, and to create more job opportunities for Bahraini talent.
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Eligibility Criteria
- Enterprise holds an active Commercial Registration (CR) from MOIC or an active license from the relevant regulatory authority
- Enterprise must not have violations from Tamkeen, LMRA, or any other relevant government entity
- Enterprise must hold a Commercial Registration (CR) that has been active for more than 3 years
- Enterprise must not have the activity of a Holding Company as the only activity
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Support Mechanism
We will provide co-matching grants of up to 50% of the total amount required by the enterprise for items in scope up to the approved grant amount for the following areas:
- Machinery and equipment
- Technology including software, services, and hardware (support is applicable to large enterprises only, Micro, Small or Medium enterprises can benefit through the Digital Solutions Program)
- Marketing and branding including products/services
Frequently Asked Questions
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How can my company benefit from this program?
Enterprises can apply to this program through Tamkeen’s online portal
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What information and documents do I need to prepare before applying?
Mandatory Documents:
- Latest Management Accounts
- Main Business Account Bank Statement (Up to 6 Months)
- Pictures of the Current Business Setup
Additional Documents (Upon Request):- 2 Year Audited Financials (Not Older than 2 Years)
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Can I add or edit the items and services after my application has been approved?
Yes, you can by logging into the portal, clicking on your approved application then navigating to the approved support section and submitting an amendment request.
Once submitted, your request will go through the assessment process, and you will receive an update accordingly.
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My enterprise is classified as Micro, Small, or Medium. How can I benefit from this program ?
Micro, Small or Medium Enterprises can benefit from this program by applying through the Tamkeen Portal in the following areas:
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Machinery and equipment
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Marketing and branding including products/services
For the following support areas:-
Technology
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Technology Hardware
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Advisory Services
Your enterprise can apply through the Digital Solutions Program and avail up to 60% of the support through Tamkeen’s online portal -
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How do I inform Tamkeen of any changes to the Commercial Registration details?
Business owners should inform Tamkeen formally if there are any changes to the Commercial Registration during the validity of the contract. He/she may write an email or attach a letter to his/her relationship manager to formally inform of this change.
If unable to reach the relationship manager, the business owner may send an email to support@tamkeen.bh
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Can I apply for support for different branches of my business?
Yes, you can apply for Enterprise Support Programs for different branches under the same Commercial Registration subject to the program’s terms and conditions and the activities of the branches.
You can get in touch with our team through any of our customer service channels for more information.
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If I don't have a security check for the same branch, what can I submit to Tamkeen?
If you are unable to provide a security cheque, you may submit a Notarized Declaration letter to the Customer Service Center to proceed with your application approval.