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Program Overview

Twice a year, we run a 16 week MENA Hardware & IoT Accelerator Program in Bahrain. We believe that by connecting and unlocking the world's data, that we can profoundly improve our lives.

Our Offer:

USD $30,000 - $60,000 in exchange for 8 - 13% equity of your startup

In addition to our funding, we provide free co-working space, mentorship, investor networking, a customized curriculum, technical onsite training, an international startup perks package, and on-going support to help get the early stages of your startup setup correctly.

  • Funding - Focused on helping you prototype & market validate a finished Hardware / IoT product with speed, coupled with follow on funding opportunities.

  • Bahrain Ecosystem Support - Our local partners and supporters: Batelco, the Economic Development Board, Tamkeen and Startup Bahrain will instantly help plug you into the local ecosystem.

  • Co-Working Space - We provide 6 months of free co-working space at our state of the art facility in Manama.

  • Mentorship - Our in-house experts and a mentor network will guide you through all the essentials of starting a business: branding, legals, fund raising, manufacturing, marketing, production, and sales.

  • Network - As your business begins to scale, we’ll begin to introduce you to our international network of startups, investors, and partners to support your business growth.

  • Customized curriculum - The curriculum is catered to your startups specific needs. Wherever your business needs support, we’ll step in to provide guidance.

  • Technical onsite training - During our 1 month on-site training, our international experts will be onsite to teach you about everything required to bring a product to market.

  • Startup perks package - Global partners have offered their tools and services at a discounted rate for our portfolio companies.

  • Weekly 1:1 office hours - The Brinc Accelerator team will host open office hours to provide continuous support to your business development needs and help push you towards yours goals.

  • Monthly founder hour - Our international portfolio teams dial in for a monthly Founder Hour where they share their progress, challenges, and future plans.

  • On-going support - Upon completion of the program, the Brinc team will continue to supporting your business development and growth. We will always be there to help!

Application Requirements:

  • Startup focused on creating a product that fits within one of our Hardware & IoT investment categories.

  • Must have a working prototype or show technical capabilities of being able to produce your product.

  • At least 2 co-founders with relevant industry experience.

  • Scalable business model with high growth potential.

Program Requirements:

  • Startups successfully accepted into our accelerator program will need to:

    • Be present in Bahrain for 6 weeks of the program for on-site training. The other 10 weeks of the program can be done remotely.

Applications are currently CLOSED. Sign up below to get notified when applications open.


Program Timeline


Our Partners


Brinc Perks

As part of the Brinc portfolio, you get more than an investment and hands-on program, you also get access to perks from service providers that are critical to your success. Our perks package is worth more than $500,000 USD and becomes more valuable every day. And even after you graduate, you still get all new perks over time, so you'll always have access to the latest and greatest that the Brinc family has to offer.


Top FAQ

What are the commercial terms for the program?


 

Teams joining the full acceleration program give 8-13% in common shares for up to 60,000 USD for regional teams and 25,000 USD for local teams, for the full support of the accelerator.

We invest in teams tackling a wide variety of problems from all over the world, coming from different markets with different economics and benchmarks. We therefore allow for some flexibility in the % exchanged.


Why do we need to register our business in Bahrain?

 

Bahrain makes a lot of sense for hardware in the MENA region.

There are several reasons incorporating in Bahrain makes sense for hardware businesses:

  • 100% Foreign Ownership and Management

  • 0% Corporate Taxation

  • Low cost base

  • Active and supportive startup community

  • Active investor community with numerous pitch and networking events

  • Government support available for startups set up in Bahrain (employee salary subsidies, technology and equipment subsidies, marketing subsidies, consultancy subsidies, etc.)

  • Easy company setup and operation

  • The ideal test bed for your product or service ahead of regional expansion

  • Strategic and cost effective location within the Gulf

  • Ranked 2nd in MENA in Ease of Doing Business Index (2017)

For more information about the benefits of moving to Bahrain, get in touch with our partners at Startup Bahrain.


What can I expect after the program?


 

After we've completed the 16 weeks, you'll still be a part of the Brinc family.

This means the Brinc founder network, vendors, perks, quarterly meetings with our entire team, and access to hosted events  when you're in town. This is why we take equity - so we can be with you through scale.


Apply to our next accelerator program

Applications are currently CLOSED. Sign up below to get notified when applications open.


Speak to a member of our accelerator team

Every week we’re hosting webinars to answer all your questions regarding our accelerator programs.


If you have any questions, feel free to talk to us now.