Bahrain: A Champion and Catalyst for Entrepreneurs
A fertile landscape for startup growth
Bahrain may be a small market geographically, but it presents a strong value proposition to potential investors as the region’s test bed and innovation hub. Combining a liberal regulatory environment with excellent connectivity infrastructure, the Kingdom provides the perfect launch pad for ideas, products and services to be fine-tuned and scaled up across the region.
It comes as little surprise that over the past three years, the number of entrepreneurs choosing Bahrain as their base has increased at a Compound Annual Growth Rate (CAGR) of 50%, according to AngelList.
With startups and SMEs being the backbone of economies worldwide, the continued growth of the entrepreneurial ecosystem is integral to Bahrain’s prosperity. That’s why the Kingdom’s broad business community came together to launch StartUp Bahrain, a collaborative initiative focused on enabling and stimulating the country’s entrepreneurial culture. Six interconnected pillars underpin the startup ecosystem: community, incubators and accelerators, funding, education, corporate partners, and policy and regulation.
The launch of startupbahrain.com in September 2017 provided a single digital resource for entrepreneurs to network and learn across these same six pillars. The website also gives access to tools and resources for nurturing growth, as well as a bird’s eye view of the business and investor community plus information on news, features, and events. In short, startupbahrain.com represents the digital hub of the Kingdom’s collaborative, cohesive startup environment.