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Entries in Start Ups (1)

Saturday
Jan072012

Angel Investors in Bahrain

 

I thought this Bahraini company called Tenmou was a really cool idea, its basically a company that helps start ups by providing them not only with the financing they need to start their business but with mentors (all who have real business experience) that will help them throughout the difficult early stages of starting their new venture.

If your idea gets accepted you get some start up capital on average 20,000 BD ( approx. 15,000 KD) and a 3 month mentorship program with experts from different fields to help you get your idea of the ground, then you get to present to a group of investors on specific "Investor Days" incase you need more capital to take your business venture to the next level. I would love to be able to attend one of those Investor Days and see all those presentations it would be like watching an episode of Dragon's Den :D

I think something like this would really work in Kuwait. We have methods for financing start ups like the Kuwait Small Projects Development Company, and a couple of banks have programs for small businesses. We have mentorship programs like The Proteges and Small to Big (both of which I think are awesome!). But we don't really have anything that mixes the two together in a cohesive way, at least none that I have heard of.

Phew, first real post done!

 

Mishaymish out!