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  • Rowad Incubation Application Form

  • Applicant Details

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  • Project Details

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  • Project Owners

  • Shareholder No. 1

  • Shareholder No. 2

  • Shareholder No. 3

  • Shareholder No. 4

  • Shareholder No. 5

  • Incubation Program Request Details

  • General Requirements:

    • An Entrepreneur looking for a space/location to establish or grow your business
    • If your business is facing challenges and you are looking for a support to strengthen the business
    • Looking for an ideal environment that provides all the suitable supporting tools to establish or grow your business

  • Art Cluster Requirements:

    • The business must be art related (e.g. music, art, dance... etc.)
    • Applicant must be Bahraini

  • Rukn Requirements:

    • The business must be withtin the ICT sector or enabled through ICT
    • The business must be based in Bahrain
    • Applicant does not have to be Bahraini, Rukn is open to all nationalities

     

  • Riyadat Requirements:

    • The business must be owned by a bahraini woman (Equity ownership of at least 51%)
    • The main promoter of the business must also be a bahraini women

  • Retail Incubation Requirements:

    • Applicant must be a rowad member for a period of 6 months at least
    • Applicant must have gone through 6 coaching sessions at least
    • Applicant must be Bahraini

  • BBIC Requirements:

    • Applicant must be bahraini
    • BBIC is open to businesses active in all sectors

  • Entrepreneur Background


  • Team Details

  • Team Member No. 1

  • Team Member No. 2

  • Team Member No. 3

  • Team Member No. 4

  • Team Member No. 5

  • Business Summary

  • Incubation Plan

  • Project Cost

  • Source of Funding

  • Economic Parameters

  • Job Creation

  • Year 1
  • Year 2
  • Year 3

  • Export Promotion

    Total value of sales made through the export of products and services other countries

  • Foreign Currency Earning

    Value of sales generated in foreign currency

  • Import Substitution

    If any of your products/services replace an imported product/service, specify the value of your sales that reflects this

  • Value Addition

    Calculated as follows: Gross Profit of Y2 - Gross Profit of Y1

  • Operational Requirements

  • Supporting Documents

  • After filling in the Incubation program application form, please submit the following documents to your assigned coach:

    • Business Plan
    • Filled Business Canvas
    • CV of the Entrepreneur and each Team Member
    • 2 Official IDs of all Business Owners
    • Source of Finance: e.g. Past 6 Months Bank Statement, Loan Approval Letter, Tamkeen Approval, Fix Deposit Slip... etc.
    • Quotations of required equipment and machinery (if available)

    Notes on the Business Plan

    Do make sure that your business plan has all the necessary elements in order to provide us with an adequate understanding of your business goals and route of action. The length and sections of the business plan depend on the nature of the business. However, make sure that your plan has these important sections:

    • Description of Your Business
    • Target Market
    • Main Products and Services
    • Marketing Strategy
    • Business Milestones (3 to 5 years)
    • Breakdown of Startup Costs (Include working capital)
    • Breakdown of the Working Capital of the 1st Year
    • Projected Statement of Profit & Loss (3 to 5 years)

    Notes on the Business Canvas

    The business canvas is a management tool meant to assist entrepreneurs and businesses leaders to develop their business models. The model is built on 9 building blocks which describe each main element of a business.

    Supporting Documents

    Click here to access resources which can help you in your application process 

    Please visit our website rowad.co for everything Rowad

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