SOLUTION: BIS 202 University of Bahrain BahrAin Startup Ecosystem Essay

Attached.Running head: BAHRAIN STARTUP ECOSYSTEMBahrain Startup EcosystemNameInstitution Affiliation1BAHRAIN STARTUP ECOSYSTEMBahrain Startup EcosystemFor startup companies, it is essential to involve in extensive research in the market place.This enables business enterprises to determine the appropriate location where they can set uptheir businesses. Organizational leaders are interested in establishing an environment thatsupports the growth of small medium enterprises and one which does not entail strict governmentpolicies for foreign companies. In Bahrain, the government welcomes investors into the countrywho play a significant role in boosting its economy. The laws governing the entrepreneurshipenvironment also allow property ownership for foreigners, which have encouraged a majority toventure into the region. There are major players in Bahrain’s ecosystem who provide variousservices to startup businesses and the community at large. Also, startups stand to gain from theestablished systems, while Bahrain’s Economic Development Board plays a significant role insupporting business people. These factors are as discussed below.Major Players in the EcosystemCommunityThe community is a crucial aspect of a startup enterprise. It entails societal members whoare potential customers to the entity. Since this is a new environment, the institution ought tofocus on the gaps evident and identify ways to fill them. Also, a startup company needs toidentify a …

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