HH Shaikh Mohammed bin Isa Al Khalifa, Chairman of Tamkeen, announced increasing the budget for Business Continuity Support Program as a continuous encouraging step that continue providing support opportunities to the economic sectors most affected by the pandemic.
He announced that within the framework of this increase, the amounts of support for institutions in the most affected sectors will be doubled for another three months, as these sectors include clubs, gyms, beauty salons, restaurants and cafes, training institutes, and travel and tourism offices.
He added that the requests of these institutions, which previously registered in the program and were not covered by the support in the first stage, will be considered as well, and that the disbursement of the support dues will be started retrospectively for the past three months, as of next week.
During the meeting, the board of Tamkeen reviewed the most prominent results of the first phase of the Business Continuity Support Program, during which support was provided to more than 15,600 small and micro enterprises, in addition to providing support to taxi and bus drivers, driving trainers and kindergarten workers, by allocating two special portfolios to support these.
The Council stressed the need to continue support for these sectors and double the budget directed towards them in order to achieve the objectives of their continuity Under the current circumstances.