Bahrain: Over 10,000 Small Businesses Supported by Tamkeen

Angela May 11, 2020

1 minute read

The Chief Executive of Labour Fund ‘Tamkeen’ Dr. Ebrahim Mohammed Janahi announced that more than 10,000 small and micro enterprises have been supported through the Business Continuity Support Program so far. He noted that today, Monday 11 May, is the last day for small and micro enterprises to apply for the program.

Dr. Janahi stated that applications are currently under review and Tamkeen will evaluate the extent to which each applicant meets the program’s criteria, as well as assessing the initial impact of COVID-19 containment measures on business activity. Tamkeen will expedite payments to businesses operating in heavily impacted industries.

On this note, Dr Janahi explained that the evaluation process is conducted on a regular basis to meet the various needs of eligible small and micro enterprises, with enterprises entitled to receive an economic impact payment between BHD 1,050 and BHD 12,000, depending on the number of employees.

Payments will be disbursed over three consecutive months, provided that each enterprise completes the requirements for each monthly payment by logging into the electronic portal and uploading receipts for their expenses on a monthly basis.

Tamkeen has extended its budget coverage to include taxicab, public transport and bus drivers, driving instructors, and kindergarten workers.