BisB signs agreement with Flat 6 Labs Bahrain

Manama : Bahrain Islamic Bank (BisB) recently signed a Memorandum Of Understanding (MOU) with Flat 6 Labs Bahrain to provide support to young start-ups in the community. The partnership will introduce accelerator programs to attract start-ups in the Kingdom of Bahrain with interest in innovation in the financial sector.

Flat 6 Labs Bahrain, the leading start-up accelerator program in Bahrain, is part of Flat 6 Labs that manages more than one accelerator in Cairo, Jeddah, Abu Dhabi and has created over 75 companies backed up by more than 300 entrepreneurs.

“This MOU supports the digital vision of the bank to be among the leaders in the field of Fintech. It aspires to attract joint programs and initiatives that invest in brighter and passionate entrepreneurs. The partnership will be supporting the institution’s entrepreneurship and innovation programs by connecting them to venture capitalist, angel investors and mentors,” Hassan Amin Jarrar, the CEO of BisB said.