Bahrain FinTech Bay, in collaboration with Standard Chartered Bahrain, Launches the Fifth Cohort of Women in Tech Bahrain Incubation Program

Manama, Bahrain - Bahrain FinTech Bay, in partnership with Standard Chartered Bahrain (SCB) announces the launch of the fifth cohort of the "Women in Tech Bahrain Incubation Program," celebrating its 5-year anniversary of supporting women entrepreneurs in Bahrain. The program is held in collaboration with the Central Bank of Bahrain (CBB), Tamkeen, Supreme Council for Women (SCW), and the United Nations Industrial Development Organization Investment and Technology Promotion Office, in Bahrain (UNIDO ITPO Bahrain).

The Women in Tech Bahrain Incubation Program aims to offer valuable guidance and support to female entrepreneurs in Bahrain, enabling them to expand and prosper. To date, the program has supported over 40 local startups through mentorship, with 16 startups receiving prize money totaling over USD 230,000.

The program aims to assist 10 businesses led by women through an intensive eight-week incubation period. Participants will benefit from access to workshops, industry experts, and an alumni community, enabling them to refine their business strategies and capitalize on opportunities in the current business environment.

Winners of the program will receive prize money, with first-place winners receiving USD 35,000, second-place winners receiving USD 25,000, and third-place winners receiving USD 15,000. Additionally, all winning teams will be granted a 3-month residency at Bahrain FinTech Bay.