{"id":2932,"date":"2024-08-12T10:58:13","date_gmt":"2024-08-12T10:58:13","guid":{"rendered":"https:\/\/new.strategytools.io\/?page_id=2932"},"modified":"2024-08-12T12:39:13","modified_gmt":"2024-08-12T12:39:13","slug":"boosting-bahrains-startup-ecosystem","status":"publish","type":"page","link":"https:\/\/www.strategytools.io\/case-studies\/boosting-bahrains-startup-ecosystem\/","title":{"rendered":"Boosting Bahrain\u2019s Startup Ecosystem"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f5f6fe&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;#e0e0ff 0%|#ffffff 100%&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;1000px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;2%||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; header_2_text_color=&#8221;#404fe6&#8243; header_2_font_size=&#8221;19px&#8221; custom_margin=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\"><span>CASE STUDY | STARTUPS<\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;&#8211;et_global_heading_font|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_text_color=&#8221;#060815&#8243; header_font_size=&#8221;70px&#8221; header_line_height=&#8221;1.2em&#8221; header_2_font_size=&#8221;35px&#8221; max_width=&#8221;82%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; custom_padding_tablet=&#8221;0px||0px||false|false&#8221; custom_padding_phone=&#8221;0px||30px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; animation_direction=&#8221;bottom&#8221; header_font_size_tablet=&#8221;67px&#8221; header_font_size_phone=&#8221;35px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: center;\">Boosting Bahrain\u2019s<br \/>Startup Ecosystem:<br \/>Falak Innovation<br \/>x Strategy Tools<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|off|off&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||-300px||false|false&#8221; custom_margin_tablet=&#8221;||-300px||false|false&#8221; custom_margin_phone=&#8221;||0px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture36-scaled.jpg&#8221; title_text=&#8221;Picture36&#8243; align=&#8221;center&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;75%&#8221; max_width_tablet=&#8221;75%&#8221; max_width_phone=&#8221;100%&#8221; max_width_last_edited=&#8221;on|desktop&#8221; module_alignment=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;59%&#8221; module_alignment=&#8221;center&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"et_pb_blurb_description\">\n<p>How can the Bahrainian startup ecosystem successfully grow and develop? How can we develop more scaleable startups?\u00a0<\/p>\n<p>Strategy Tools and Falak Innovation recently collaborated to conduct Bahrain\u2019s first-ever Scale Up Masterclass, supported by the government agency Tamkeen.<\/p>\n<p>The masterclass was a remarkable success, marking a significant milestone in Bahrain\u2019s entrepreneurial landscape. The partnership brought together innovative methodologies and local expertise to provide an in-depth learning experience for Bahrain\u2019s startup ecosystem.<\/p>\n<\/div>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; background_enable_image=&#8221;off&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; custom_padding_tablet=&#8221;0px||120px||false|false&#8221; custom_padding_phone=&#8221;0px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; custom_margin=&#8221;250px||||false|false&#8221; custom_margin_tablet=&#8221;250px||||false|false&#8221; custom_margin_phone=&#8221;0px||||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;|20px|0px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture34.png&#8221; title_text=&#8221;Picture34&#8243; align=&#8221;center&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;30%&#8221; max_width_tablet=&#8221;30%&#8221; max_width_phone=&#8221;62%&#8221; max_width_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">About Falak Innovation<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"et_pb_blurb_description\">\n<p><a href=\"https:\/\/www.falakinnovation.com\/\" target=\"_blank\" rel=\"noopener\">Falak Innovation<\/a><span>\u00a0<\/span>is a values-based, purpose-driven strategy and innovation consultancy.<\/p>\n<p>Founded by<span>\u00a0<\/span><a href=\"https:\/\/www.linkedin.com\/in\/suhail-algosaibi-54958352\/\" target=\"_blank\" rel=\"noopener\">Suhail Algosaibi<\/a>, Falak Innovation focuses on three core areas: innovation, strategy, and execution. Falak Innovation is committed to building stronger economies and happier societies by unlocking business and human potential.<\/p>\n<p>Suhail Algosaibi is also a certified Strategy Tools Master Trainer from the 2022 cohort.<\/p>\n<\/div>\n<p>[\/et_pb_text][et_pb_image _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; custom_margin=&#8221;50px||||false|false&#8221; custom_margin_tablet=&#8221;250px||||false|false&#8221; custom_margin_phone=&#8221;0px||||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;|20px|0px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture33-2.png&#8221; title_text=&#8221;Picture33&#8243; align=&#8221;center&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;30%&#8221; max_width_tablet=&#8221;30%&#8221; max_width_phone=&#8221;62%&#8221; max_width_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">About Tamkeen<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"et_pb_blurb_description\">\n<p><a href=\"https:\/\/www.tamkeen.bh\/\" target=\"_blank\" rel=\"noopener\">Tamkeen<\/a>, established in 2006, is a key driver in Bahrain\u2019s economic development, aiming to support the Kingdom\u2019s private sector growth.<\/p>\n<p>It focuses on providing financial assistance, skill development, and advisory services to Bahraini enterprises and individuals. Tamkeen\u2019s initiatives span various industries, fostering innovation and entrepreneurship to enhance the competitiveness of Bahrain\u2019s economy.<\/p>\n<p>Through strategic partnerships and programs, Tamkeen strives to empower Bahrainis with the necessary tools and resources to succeed in a dynamic market, thereby contributing to the sustainable economic progress of the nation.<\/p>\n<\/div>\n<p>[\/et_pb_text][et_pb_image _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f5f6fe&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\"><span>Background<\/span><\/h2>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture32.jpg&#8221; title_text=&#8221;Picture32&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px|20px||20px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Bahrain\u2019s startup ecosystem is rapidly evolving, driven by a combination of governmental support, strategic location, and a growing community of entrepreneurs.<\/p>\n<p>The government of Bahrain has made significant strides in creating a business-friendly environment through initiatives such as the Bahrain Economic Vision 2030, which emphasizes diversification from oil and gas into other sectors, including technology and finance.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture31.jpg&#8221; title_text=&#8221;Picture31&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px|20px||20px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"color: #808080;\"><em>Suhail Algosaibi (left) &amp; Christian Rangen (middle) exploring the Bahrain startup ecosystem with H.E. Mr. Abdulla bin Adel Fakhro (right), the Minister of Industry and Commerce<\/em><\/span><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Bahrain\u2019s startup ecosystem is rapidly evolving, driven by a combination of governmental support, strategic location, and a growing community of entrepreneurs.<\/p>\n<p>The government of Bahrain has made significant strides in creating a business-friendly environment through initiatives such as the Bahrain Economic Vision 2030, which emphasizes diversification from oil and gas into other sectors, including technology and finance .<\/p>\n<p>As part of the Labour Fund (Tamkeen\u2019s) ongoing efforts to develop the entrepreneurial ecosystem in Bahrain,<span>\u00a0<\/span><a href=\"https:\/\/www.tamkeen.bh\/en\/tamkeen-and-falak-consulting-introduce-the-scaleup-program-to-empower-bahraini-startups\/\" target=\"_blank\" rel=\"noopener\">Tamkeen has partnered with Falak Consulting<\/a><span>\u00a0<\/span>to launch the Scale Up! Masterclass. The goal was\u00a0to empower emerging Bahraini enterprises with strategic business development skills.<\/p>\n<p>With this in mind, we partnered with Strategy Tools Master Trainer and Falak Innovation founder Suhail Algosaibi to develop a 3-day Scale Up Masterclass designed to enhance the capabilities of Bahraini startups, helping them grow, attract investors, and develop exit strategies.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; max_width=&#8221;1188px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_testimonial author=&#8221;Participant&#8221; job_title=&#8221;Scale Up Masterclass Bahrain April 2024&#8243; quote_icon=&#8221;off&#8221; quote_icon_color=&#8221;#FFFFFF&#8221; portrait_width=&#8221;150px&#8221; portrait_height=&#8221;150px&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;22px&#8221; background_color=&#8221;#f5f6fe&#8221; text_orientation=&#8221;center&#8221; border_style_all=&#8221;none&#8221; border_color_all_portrait=&#8221;#FFFFFF&#8221; border_style_all_portrait=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: center;\">\u201cAwesome, really enjoyed the masterclass. All founders should go through this masterclass before getting into the startup journey to understand the know-hows.\u201d<\/p>\n<p>[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px|0px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">Experience the Founder\u2019s Journey in Three Days<\/h2>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture29-2.png&#8221; title_text=&#8221;Picture29&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The Masterclass was designed to take founders through the \u201cFounder\u2019s Journey\u201d, a 3-day experience from idea to successful exit.<\/p>\n<p>Participants navigated through critical stages such as market need analysis, problem-solution alignment, product-market fit, and business model optimization. They also experienced raising up to 12 rounds of financing, from pre-seed to Series K, while effectively managing team dynamics, revenue growth, and competitive pressures.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture23.jpg&#8221; title_text=&#8221;Picture23&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"et_pb_module et_pb_text et_pb_text_11  et_pb_text_align_left et_pb_bg_layout_light\">\n<div class=\"et_pb_text_inner\">\n<p>When co-designing the masterclass together with Suhail Algosaibi from Falak Innovation, we focused on three key objectives:\u00a0<\/p>\n<h4>Educational Depth<\/h4>\n<p>The masterclass aimed to provide an in-depth understanding of the funding process, including cap tables, dilution, and investor terms.<\/p>\n<h4>Practical Application<\/h4>\n<p>Through simulations and interactive sessions, participants could apply their learning in real-world scenarios.<\/p>\n<h4>Networking and Collaboration<\/h4>\n<p>The event facilitated networking among Bahrain\u2019s entrepreneurs, fostering a collaborative environment for future business growth.<\/p>\n<\/div>\n<\/div>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture28-scaled.jpg&#8221; title_text=&#8221;Picture28&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The masterclass was led by Suhail Algosaibi from Falak Innovation, supported by Christian Rangen from Strategy Tools.<\/p>\n<p>Centered around the Scale Up! Simulation, the masterclass immersed participants in the complete founder\u2019s journey from idea to exit. They worked on company pitches, explored company valuation methods, built deal syndicates and tackled advanced cap tables.<\/p>\n<p>[\/et_pb_text][et_pb_video src=&#8221;https:\/\/www.youtube.com\/watch?v=w1_T5SPKB_w&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_video][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>Teams used specially designed visual canvases to grasp complex concepts quickly, creating an electrifying atmosphere as they competed to deliver the best exit routes.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture27-scaled.jpg&#8221; title_text=&#8221;Picture27&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>\u201cWe really need more workshops like these which really enrich our knowledge and scale up our mentality, way of work for our startup projects,\u201d commented a participant in an anonymous feedback from after the masterclass.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; max_width=&#8221;1188px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_testimonial author=&#8221;Suhail Algosaibi&#8221; job_title=&#8221;CEO of Falak Innovation&#8221; portrait_url=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture22.jpg&#8221; quote_icon=&#8221;off&#8221; quote_icon_color=&#8221;#FFFFFF&#8221; portrait_width=&#8221;150px&#8221; portrait_height=&#8221;150px&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;22px&#8221; background_color=&#8221;#f5f6fe&#8221; border_style_all=&#8221;none&#8221; border_color_all_portrait=&#8221;#FFFFFF&#8221; border_style_all_portrait=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>\u201cThis masterclass exceeded all our expectations, the level of expertise and hands-on approach brought by Strategy Tools and Chris was exceptional.\u201d<\/p>\n<p>[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">Impact<\/h2>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture26.jpg&#8221; title_text=&#8221;Picture26&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Learning &amp; Impact<\/h4>\n<p>Participants gained valuable insights into the intricacies of fundraising, including practical tools and strategies for engaging with investors. The hands-on approach, including simulations and group presentations, allowed participants to internalize complex concepts effectively.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture25.jpg&#8221; title_text=&#8221;Picture25&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Participant Engagement &amp; Feedback<\/h4>\n<p>The masterclass attracted a diverse group of participants, including experienced entrepreneurs, tech startup founders, traditional business owners, and novices eager to learn. Despite varied backgrounds and some language barriers, all participants stayed engaged throughout the three-day event. The feedback was overwhelmingly positive, with participants rating the masterclass an average of 9.8 out of 10.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture24.jpg&#8221; title_text=&#8221;Picture24&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Effective Partnership<\/h4>\n<p>Working with Strategy Tools was a seamless and productive experience for Falak Innovation.<\/p>\n<p>\u201cThe collaboration between Strategy Tools and Falak Innovation has been instrumental in making this event a success,\u201d said Suhail in a recent interview.<\/p>\n<p>Tamkeen, the labour fund of Bahrain and the event\u2019s sponsor, was also highly impressed with the masterclass. Representatives who attended praised the innovative approach and the significant impact on participants. The high participant ratings and detailed feedback reports provided to Tamkeen underscored the masterclass\u2019 success.<\/p>\n<p>Given the success of this initial masterclass, there are plans to continue this collaboration. Both ST and Falak Innovation see great potential in expanding the program, possibly including participants from outside Bahrain in future iterations.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; max_width=&#8221;1188px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_testimonial author=&#8221;Suhail Algosaibi&#8221; job_title=&#8221;CEO of Falak Innovation&#8221; portrait_url=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/08\/Picture22.jpg&#8221; quote_icon=&#8221;off&#8221; quote_icon_color=&#8221;#FFFFFF&#8221; portrait_width=&#8221;150px&#8221; portrait_height=&#8221;150px&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;22px&#8221; background_color=&#8221;#f5f6fe&#8221; border_style_all=&#8221;none&#8221; border_color_all_portrait=&#8221;#FFFFFF&#8221; border_style_all_portrait=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>\u201cWe look forward to continuing this partnership to further empower entprepreneurs in our region.\u201d<\/p>\n<p>[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||80px||false|false&#8221; custom_padding_tablet=&#8221;0px||120px||false|false&#8221; custom_padding_phone=&#8221;0px||50px||false|false&#8221; bottom_divider_color=&#8221;rgba(64,79,230,0.05)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; 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header_line_height=&#8221;1.1em&#8221; image_icon_custom_margin=&#8221;1px||0px||false|false&#8221; image_icon_custom_padding=&#8221;0px||0px||false|false&#8221; custom_margin=&#8221;||7px||false|false&#8221; custom_padding=&#8221;20px||0px||false|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;45%&#8221; animation_speed_curve=&#8221;ease&#8221; animation=&#8221;off&#8221; custom_css_main_element=&#8221;display:inline-block;&#8221; custom_css_blurb_title=&#8221;margin-left:-28px;&#8221; custom_css_blurb_content=&#8221;margin:0px;&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_blurb][et_pb_text _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#060815&#8243; header_2_font_size=&#8221;50px&#8221; header_2_line_height=&#8221;1.2em&#8221; custom_margin=&#8221;0px||14px||false|false&#8221; 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How can we develop more scaleable startups?\u00a0 Strategy Tools and Falak Innovation recently collaborated to conduct Bahrain\u2019s first-ever Scale Up Masterclass, supported by the government agency Tamkeen. The masterclass was a remarkable success, marking a significant [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":648,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2932","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/2932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/comments?post=2932"}],"version-history":[{"count":4,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/2932\/revisions"}],"predecessor-version":[{"id":3033,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/2932\/revisions\/3033"}],"up":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/648"}],"wp:attachment":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/media?parent=2932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/categories?post=2932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/tags?post=2932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}