Company Information
The Arab International Center for Entrepreneurship & Investment Training (AICEI) was established under the banner of South-South Cooperation through the joint efforts of the United Nations Industrial Development Organization (UNIDO), the Bahraini Government and the Inter Regional Center the Bahraini Government and the Inter Regional Center for Entrepreneurship & Investment Training (IRC)-Government of India.
The Center functions with an objective of strengthening indigenous capacities of selected countries in the Arab, Asian and region in the areas of promoting domestic investments and facilitating foreign direct investments resulting in job creation, poverty alleviation and economic growth.
Business Activities
Business Description:
The development of Micro, Small and Medium Enterprises (MSMEs) has been recognized the world over as an effective mechanism to facilitate economic development. For, it is the MSME sector, which has the highest capital-employment ratio and it is this sector which provides opportunities for the youth and unemployed people to exhibit their entrepreneurial potential, by being job creators rather than job seekers. This assumes paramount importance in a situation when the unemployment levels are rising. It requires entrepreneurs who perceive opportunities, organize resources to set up and successfully run enterprises. One could argue in favor of supply driven support like availability of finance on favorable terms, consultancy support, policy support, concessions and subsidies, tax breaks etc. However, experiences have shown that finance, facilities and incentives could be necessary but not sufficient to ensure entrepreneurial response. For, entrepreneurial growth requires focus on human resources in addition to inducements by finance, subsidies, infrastructure etc.
Considering that promotion of entrepreneurship is a key to economic growth and primary engine for creating a country’s wealth, many governments of developing countries and economies in transition have renewed their focus on this vital factor of production. The Investment & Technology Promotion Office (ITPO) Bahrain in cooperation with the Ministry of Industry (MoI) and various entities in Bahrain concerned with development of MSMEs were trying to stimulate domestic as well as foreign investment into the country in order to boost the manufacturing sector. It has been concluded that the unavailability of qualified entrepreneurs as well as a cohesive set of support services posed as the major bottlenecks in Bahrain; accordingly, the issues were studied and discussed thoroughly, including an analysis of the experiences of other countries worldwide, with UNIDO.
Keeping the above in view, the Enterprise Development (ED) process had been initiated giving due considerations to the operational environment in Bahrain and the special needs of the Bahraini entrepreneurs. The process calls for:
- Availability of trained human resources to act as trainers and counselors, helping and guiding potential entrepreneurs.
- Networking with concerned institutions involved in facilitating MSMEs development.
Company's Departments:
Entrepreneurship and Investment.
Vacancies / Job Opportunities
Available now:
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Available after 3 months:
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Available after 6 months:
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