siliconindia | | November 20195developing and supporting startups. It is also establishing new connections to bring all investors, accelerators, incubators and the Government at one place. No wonder, Bahrain is currently home to a wide range of promising startups, while this ecosystem in particular comprises of over 119 new businesses. A lot of these startups have strived extensively to bag impressive funding over the recent times, while holding the capability to transpire into billion-dollar companies. Some of the outstanding tech startups among them include Inagrab ­ a technology-based retail platform, Skiplino ­ a customer queue management system, Malaeb ­ an app for local football players to organize matches, and Rain ­ a licensed cryptocurrency platform. Besides Startup Bahrain, Tamkeen, a semi-government agency involves keenly in developing & bolstering Bahrain's private sector, while moulding it into a chief driver of economic growth and development. Its two chief objectives are fostering the development and growth of enterprises and rendering support to enhance the productivity and training of the national workforce. In order to achieve the above objectives, Tamkeen's 2018-20 strategy emphasizes on diversifying offerings, accelerating delivery and sustaining impact. So far, this prestigious body has promoted some of the best startups in the MENA region, especially in the technology realm, and in tandem trained and aided entrepreneurs. Leveraging the best might of powerful bodies like these at Bahrain, a horde of startups have already grown and benefitted significantly from their resources. On the other hand, these bodies have also been contributing volumes towards the escalation of Bahrain's technology-driven, knowledge-based, globally competitive, and sustainable economy. Coming to the investment part, there has been a burgeoning rise in the number of opportunities in in-vestment at Bahrain due to the nation being a major trade hub in the GCC and its dense population. Today, it holds enormous potential for attract-ing investors and businesses, there-by greatly enhancing the easiness of doing business and also reinforcing the environment of investment. Yet, a huge scope exists in the nation with respect to attracting more funds for experimental and early-stage efforts, thus transforming into a robust and innovative startup ecosystem. In-vestors, on the other arm, are in the lookout for true efforts as well as real & saleable innovations among the emerging as well as established businesses. In a nutshell, Bahrain is outclassing as a bustling destina-tion brimming with interests, ac-tivities and experimentation, while simultaneously striving to become the Silicon Valley of the Middle East region.
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