Tenmou, Bahrain’s first business angel company is hosting the very first MENA Angel Investors Conference at The Ritz- Carlton Hotel on 19th April 2012. The conference will focus on an exchange of experiences in seed and early stage investments between the MENA region and the rest of the world. The conference will comprise a number of presentations including a review of international case studies form France and Germany.
The conference is a one of a kind in the region and will enable angel investors and venture capitalists from Bahrain and around the MENA region including Jordan, Egypt and Saudi Arabia to be involved in panel-based discussions. Additionally, companies from around the region will be pitching for funding.
Tenmou provides mentorship and capital investment to the next generation of high-potential, innovative Bahraini entrepreneurs from the seed stage through a number of locally established businessmen and successful entrepreneurs. So far, Tenmou has assisted four innovative start-up businesses to make their ideas a reality.
CEO, Hasan Haider comments “We are delighted to be taking the lead in hosting the first MENA Angel Investors Conference here in Bahrain, and it’s in no small measure thanks to our conference’s strategic partners EDB and Tamkeen for their sponsorship of this worthwhile initiative. It is a privilege to spread awareness in the region on the potential of entrepreneurship and to give the next generation opportunities for success. We are proud of this initiative and to be aligning ourselves with one of the goals of the Bahrain Economic Vision 2030, namely to increase the diversity of careers throughout the Kingdom.”
The ambition is that the conference will be a rewarding experience for all and act as a catalyst for further business learning and initiatives.
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About Tenmou
Tenmou (www.tenmou.me) is the only entity in Bahrain that provides seed stage funding to entrepreneurs in a non-loan/non-credit form. Tenmou will own a percentage of shares in the start-up companies while the young entrepreneurs will own the rest of the shares.
There will be a three-month mentorship period for each project and an average investment of BD 20,000 (over US$ 50,000), excluding the additional services and advice from Tenmou and Tenmou partners, which will incur no additional cost.
The unique aspect of Tenmou is this mentorship programme that will involve some of Bahrain’s top and most experienced CEOs and entrepreneurs, who will deliver key sessions.
Unlike several similar organisations that support start-up growth, Tenmou believes that its main differentiating factor is its understanding of entrepreneurs, as well as the unique private sector approach and willingness to take a risk.