Start Your Business Program
Providing early-stage businesses with the support they need to innovate and grow
-
About the Program
This program provides early-stage businesses with tailor-made solutions that cater to their requirements with the aim of fostering entrepreneurship and increasing productivity and innovation.
-
Eligibility Criteria
- Bahrain-based enterprises with an active CR/license
- Enterprise has been operating for less than 3 years since CR registration
- Enterprise must not have violations from Tamkeen or LMRA
- Enterprise must not have the activity of a Holding Company as the only activity
-
Support Mechanism
We will provide Co-matching grants covering up to 50% of the total amount required by the enterprise for items in scope up to the approved cap amount for the below areas:
- Machinery and equipment
- Technology including software/services/hardware
- Marketing and branding including products/services
Frequently asked questions
-
How can my company benefit from this program?
Enterprises can apply to this program through Tamkeen’s online portal
-
What information and documents do I need to prepare before applying?
- Pictures of the current business setup
- Identity card
- Electricity and water bill
- Main business bank account statement up to 6 months
- 1 year audited financials – not older than 2 years (optional)
- Latest management accounts (optional)
- Business plan/feasibility study (optional)
- Articles of association (optional)
- Authorization letter (optional)
- Business quality certificate (optional)
- Offtake agreements/contracts (optional)
-
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
-
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 from your relationship manager.
-
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.
-
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.