Bahrain's "Raise" Bootcamp Launches Cohort 8 to Prep Startups for Funding
Spring Venture Services in Bahrain has kicked off the eighth cohort of its intensive "Raise: The Art of Fundraising" bootcamp. This two-week program, supported by The Labour Fund (Tamkeen) and facilitated with global VC firm Salica Investments, is designed to equip Bahraini startup founders with the crucial skills needed to successfully secure investment and scale their ventures.
Equipping Bahraini Founders for Investment
The core goal of the "Raise" bootcamp is to make startups investor-ready, specifically preparing them for the ongoing StartUp Bahrain Pitch Series. Participants undergo intensive training focused on practical aspects of fundraising, including:
Crafting persuasive pitches.
Preparing effective datarooms.
Understanding valuation methodologies.
Developing sound business strategies.
Program Details & Structure
The two-week program offers a comprehensive learning experience through:
Hands-on, interactive workshops.
Fireside chats with industry experts and investors.
One-on-one office hours for tailored guidance.
A key highlight is the connection to the StartUp Bahrain Pitch events, where participants showcase their businesses to judges and potential investors, competing for cash prizes and further support.
Meet the Cohort 8 Startups
The latest cohort features startups across diverse sectors, showcasing the breadth of innovation in Bahrain:
DOO: (AI) AI-powered platform enhancing customer engagement.
Tamam: (AI/Business Automation) AI-driven order management system for small businesses.
BizBay: (Marketplace/E-commerce) Digital marketplace connecting businesses for buying, selling, and investing.
Cardue: (Marketplace/Services) Platform for digital car care services.
Ihdaa: (Marketplace/Social Impact) Gifting platform integrating charitable donations.
Safer: (Fintech) Innovative travel financing solutions.
Rentat: (PropTech) Digital solution for property management tasks.
Clany: (Consumer/Lifestyle/Esports) Specializes in managing esports events.
Jalees: (Marketplace/Services) On-demand childcare platform connecting parents with caregivers.
Seera: (FoodTech/E-commerce) Meal subscription service supporting local vendors.
Key Partners & Ecosystem Role
The success of the "Raise" program relies on strong ecosystem collaboration. Spring Venture Services (a subsidiary of Salica Investments focused on venture services in MENA) and Salica Investments facilitate the program, providing capital access and expertise. Tamkeen provides crucial support. Pitch events are organized with key stakeholders like the Ministry of Industry & Commerce, Bahrain Economic Development Board (EDB), Bahrain Development Bank (BDB), and StartUp Bahrain.
About "Raise: The Art of Fundraising"
Since its inception, the "Raise" bootcamp has run seven previous cohorts, helping over 100 Bahraini startups refine their investor readiness and secure funding. It plays a vital role in strengthening the local ecosystem by providing startups with access to industry leaders, investors, and potential partners, directly contributing to Bahrain's goals of fostering entrepreneurship and innovation.
Looking Ahead
The launch of Cohort 8 signifies continued commitment to empowering Bahraini entrepreneurs. The intensive training and subsequent pitch opportunities aim to accelerate the growth of these participating startups, helping them secure necessary funding and contribute to the Kingdom's dynamic economy.
Sources: GCC Business News