Bahrain continues to strengthen its support for local businesses with a fresh move. Al Salam Bank has signed a new agreement to empower Bahraini startups and SMEs through the Open Innovation Programme. This initiative receives backing from the Labour Fund, Tamkeen and is managed by Brinc MENA.
The program’s goal is simple. It connects startups and SMEs in Bahrain with large companies to solve real-world business problems. By working closely with these enterprises, smaller companies can offer unique solutions that improve efficiency and reduce costs.
Bahrain’s push to empower Bahraini startups and SMEs is gaining momentum. With Al Salam Bank on board, the program now gains even more credibility. The bank brings strong financial support and a deep understanding of Bahrain’s business landscape.
Through this partnership, the program will help create innovative ideas that meet the needs of larger firms. These ideas can improve operations, introduce new technology, and even support eco-friendly goals. Startups and SMEs will also gain valuable experience by working directly with big businesses.
Bahrain aims to become a hub for innovation in the region. The decision to empower Bahraini startups and SMEs reflects a larger national vision. This vision focuses on entrepreneurship, digital growth, and sustainable development.
Al Salam Bank believes in this vision. It sees great potential in startups and SMEs as key drivers of change. By supporting the Open Innovation Programme, the bank takes action that matches its mission of economic progress.
This move not only helps young companies grow but also benefits larger enterprises. Everyone wins when experience meets innovation. Bahrain shows that true growth comes from teamwork, ideas, and strong partnerships.
Bahrain’s focus on empowering Bahraini startups and SMEs brings hope for a stronger economy. It also highlights the country’s trust in its rising entrepreneurs and their power to drive change.
