The Mashroo3i program is designed to foster entrepreneurship among Bahrainis by helping individuals with strong business ideas turn them into sustainable ventures. It offers training, workshops, and hands-on learning to refine business concepts, develop essential skills, and gain access to funding and networking opportunities. The program focuses on providing the tools and knowledge needed to succeed in the startup world |
- Develop competencies and skills in entrepreneurship.
- Encourage and support innovation and marketing of ideas.
- Provide consulting services to early-stage startups for market validation and risk reduction.
- Create pathways for startups to access venture capital and incubators.
- Promote the emergence of new industries in the local market.
|
Duration of the Initiative:
The initiative is held annually and includes 2-3 groups (10 weeks each group) |
The duration of the initiative for one group (10 weeks) is divided as follows:
- Idea Development Camp (3 weeks)
- Idea Acceleration and Consulting Camp (7 weeks)
- Demo Day (1 day)
Mentorship and Consulting Program after graduating from the initiative (10 months).
Positive Impact:
- Transform approximately 20 out of 60 entrepreneurial ideas per group into registered companies within 10 months, totaling 60 ideas per year.
- Provide financial and advisory support from the Labor Fund to help reduce startup challenges during launch.
- Indicators and Positive Impact:
- Increase the number of promising startups, boosting the private sector’s contribution to Bahrain’s GDP.
- Promote the growth of innovative companies across various sectors.
|
Preparation Phase:
1. Program Conception
- Objectives & Outcomes: Define the initiative’s purpose, expected impact, and participant goals.
- Target Audience: Identify eligible participants (e.g., startups, entrepreneurs) and selection criteria.
- Agenda & Stages: Structure the program into key phases such as workshops, mentoring, and final presentations.
2. Partnerships
- Needs & Objectives: Determine partnership areas (e.g., funding, expertise, logistics).
- Selection Criteria: Assess partners based on reputation, alignment, and added value.
- Engagement & Evaluation: Communicate with potential partners, negotiate agreements, and monitor effectiveness.
3. Organizing Committees
- Define roles, responsibilities, and job descriptions.
- Assign team members and align expectations through meetings.
4. Program Timeline
- Structure the program into clear stages with defined timeframes.
- Develop a detailed schedule, ensuring logical progression and dependencies.
5. Media & Outreach Plan
- Pre-registration: Social media campaigns, paid ads, email marketing, and outdoor ads.
- Program Launch: Press releases, influencer marketing, workshops, and events.
- Demo Day (Closing): Live media coverage, networking opportunities, and investment pitches.
6. Resource Allocation
- Human: Identify key roles (managers, mentors, trainers) and assess staffing needs.
- Financial: Review budget, expected costs, and financial sustainability.
- Material & Technical: Procure necessary equipment and digital tools to support program delivery.
7. Participant Selection Process
- Define clear eligibility criteria and application procedures.
- Implement a structured evaluation system for fair selection.
- Notify selected participants and provide onboarding support.
|
Implementation Phase:
1. Program Registration
- Define selection criteria and required participant information.
- Develop registration questions (personal details, project idea).
- Select a suitable registration platform (e.g., Typeform, Google Forms, Airtable).
- Create and launch the registration form.
2. Initiative Management & Performance Monitoring
- Establish Key Performance Indicators (KPIs) to track success.
- Develop an action plan with activities, timelines, and assigned responsibilities.
- Conduct weekly review meetings and evaluations to monitor progress.
- Track participant performance through assignments and direct feedback.
3. Documentation
- Define monitoring and evaluation requirements.
- Ensure compliance with internal standards for data management.
- Identify key documentation areas (e.g., project plans, attendance records, training materials).
- Develop data collection tools for analysis and reporting.
|
Post-Initiative Phase:
1. Evaluating the Initiative
- Assess key areas: training content, quality, program structure, and organization.
- Design evaluation forms to gather feedback from participants and mentors.
2. Preparing the Final Report
- Identify data requirements and build the report structure.
- Collect, organize, and analyze relevant data.
- Assign writing and analysis tasks with clear deadlines.
- Draft, review, and approve a comprehensive final report summarizing results and lessons learned.
|