Bahrain's Tamkeen Launches Support Program for Small Firms

Bahrain’s Labour Fund Tamkeen has announced the launch of the kingdom’s Business Continuity Support Program, providing financial grants to small and micro enterprises with an active CR or a valid licence. The program is launched with the aim of providing adversely affected enterprises with the liquidity to help them continue their operations during this time, said Shaikh Mohammed bin Essa Al Khalifa, the Chairman of Tamkeen. The program follows the Royal Directives of His Majesty King Hamad bin Isa Al Khalifa to unite national efforts to combat the repercussions of the Coronavirus and also the government's decisions led by the Prime Minister His Royal Highness Prince Khalifa bin Salman Al Khalifa, and supported by the orders of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister.

The program, with the applications open from Sunday (April 12), will be available for two weeks to evaluate submitted applications. He further added that this program comes as part of Tamkeen’s ongoing national efforts to support the private sector, alongside other ministries and public authorities, and as part of the economic stimulus packages announced by the Government of Bahrain.

According to Shaikh Mohammed, Tamkeen will strengthen its efforts during this period of time to support the private sector, especially the adversely affected enterprises which will be given a priority. Tamkeen is working towards providing the utmost support to those enterprises to ensure their needs are directly addressed. This program invites affected enterprises in the private sector to take advantage of the Business Continuity Support Program as it will help them continue their operations amidst the current crises.

Interested enterprises can apply to this program through Tamkeen’s website www.tamkeen.bh or by contacting it through its virtual and voice channel which includes the call center 17383333 and email support@tamkeen.bh, Tamkeen said.