This program is designed to encourage the growth of existing enterprises through targeted support solutions for objectives such as overseas market expansion, franchising, new product/service line, local expansion, and export expansion.
Financing Cap:
- SMEs: 50% of BHD 300K Facility cap
- Large: 30% of BHD 1 Mn Facility cap
Businesses Eligibile:
Financing Incentive:
SMEs:
Large:
- 50% of the Profit rate capped at 2%; whichever is lower
Eligibility Criteria:
- Beneficiary holds an active CR/license
- Beneficiary is based in Bahrain
- Beneficiary has been operating for more than 2 years since CR registration
- 30% Bahraini ownership for overseas expansions
- Remains locally operational
- Demonstrates year on year revenue growth and/or operating profit growth
- Beneficiary has 2 consecutive years audited financials (latest not older than 2 years)
- Beneficiary must not have an overseas branch or a shareholding stake in any overseas branch with similar business activities in the target market
- Must be registered with the National Bureau for Revenue (NBR) if eligible
Items Covered
Machinery & Equipment
Marketing and Branding
Technology:
Quality management systems (only for manufacturing under export track)
Working capital (Limited – through financing support only)
Tenor of the facility