Equilibria Digital Solutions recently completed the C5 Accelerator Program that was specifically designed for Bahrain based Cloud-Based businesses. The program was driven by Tamkeen Bahrain, Amazon Web Services (AWS), C5 Capital and Bahrain Economic Development Board in an attempt to support the local tech companies and help them grow and become more scalable.
A cohort set of 8 qualifying businesses were invited to work from the Cloud Accelerator premises in Bahrain for three months. We have been fortunate to benefit from the program by engaging with the cohorts, get trained on key elements focusing mainly on growth and scalability. The program was broken down in “sprints” covering aspects of the business such as strategy, business principles, business development and have gained alot of hands-on experience through mentoring from C5 Accelerate and its network of global business leaders.
Mohamed Bastaki, Founder & Managing Director of Equilibria Digital stated: “In the recent years, Bahrain and the broader MENA region has been experiencing a rise in cloud based businesses that are ready to scale up and expand beyond the MENA region and we have been pleased to have completed the program and gained the knowledge and best practices of scaling up such firms”. He also added, “Furthermore, with Bahrain recently announcing a $100 Million fund to be created to finance scalable start ups, we at Equilibria are optimistic that the forthcoming years are very promising for Bahrain’s Tech industry.”