Entrepreneurs in Bahrain have been invited to apply for the Bahrain Award for Entrepreneurship, which is considered to be the kingdom’s largest entrepreneurship award.
Designed to recognise the contributions of entrepreneurs to Bahrain's economy, the award is held under the patronage of His Royal Highness the Crown Prince Salman bin Hamad Al Khalifa, First Deputy Prime Minister and Chairman of Bahrain Economic Development Board.
In addition to a People's Choice Award, which will take the public vote into consideration to honour long-standing entrepreneurial pioneers, the panel comprised of high-profile Bahraini and regional business figures will decide on the Micro-Enterprise of the Year, Start-up of the Year, Entrepreneur of the Year, and Sustainable Business Award.
All applicants are to be evaluated on the basis of their enterprise growth, economic impact, optimisation of talent and diversity, leadership and innovation, business responsibility and entrepreneurial spirit.
Speaking about the award, Kamal bin Ahmed, minister of transportation and telecommunications and acting CEO of the EDB, said: "These awards will help us identify and acknowledge a generation of innovators, who will grow to be leaders in their fields, and will help place Bahrain on the regional and global map of innovation."
Launched to coincide with the Bahrain Noor El Ain Festival, the award is supported by Tamkeen, the Bahrain Economic Development Board, the Bahrain Development Bank, and Knowledge Advisers BCCI, EY Bahrain and the Arab International Center for Entrepreneurship and Investment Training -- UN Industrial Development Organisation (UNIDO) Investment and Technology Promotion Office in Bahrain.
"The Bahrain Award for Entrepreneurship is the first collaborative initiative of its kind in Bahrain, and is absolutely key in supporting our continued efforts to grow small and medium businesses in the kingdom,” added Shaikh Hesham bin Mohamed Al-Khalifa, deputy general manager - development services.
The application process is open until 25 January.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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