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The ambition of minds needs the intelligence to perform it
with creativity, CH9’s expertise trigger the right decisions and focus on creating balance by providing diversity of which results in trust for the brand to the long run of success.
Ambitionto motivatethe business
Intelligenceto navigate wellthrough the business
SuccessAmbition to motivate
the business
Creativityto create a unique idea that makes the business succeed stand out
Trustto believe in your goals
and your potential
Expertiseto guide the ambition towards making the best decisions
Diversityto keep your mind open
for different choices
Focusto put the goal ahead and strive to reach it
Balanceto keep up with all the
aspects and manage them simultaneously
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CH9s Journey to Ignitethe Entrepreneurial Ecosystem www.chnine.com
The story started in 2016 when 3 entrepreneurs who have scaled up billion dollar plus entities with successful IPOs came together and decided to set the first privately owned accelerator in Bahrain. Their vision was focused on enhancing the entrepreneurship ecosystem in the region by providing a platform that supports, teaches, encourages and inspires entrepreneurs to take bold and necessary steps to innovate, create and share prosperity in their respective countries. CH9 now is a world class space in Bahrain that will be starting the journey to accelerate both startups and scale ups.
Beginning
CH9s Vision is to work with key players such as governments, industry bodies, educational institutions and entrepreneurs to make the MENA region a fully developed place for entrepreneurs to flourish.
Vision
CH9s mission is to focus on setting up CH9 hubs in 25 MENA cities by 2025 to foster economic, entrepreneurial and social development in those countries.
Mission
+1 Billion Total Available MarketThere will be more than 1 billion people who will see a change in their vocation due to 4th Industrial Revolution within the next five years.+108 Million Serviceable Available MarketMore than 28% of the population of the MENA Region is aged between 15 and 29, representing over 108 million young people.+10,000 Shares Of the MarketCH9s target it to reach out 10,000 entrepreneurs from MENA in the community by 2025.
Market Size
There are more than 70 co-working hubs in the MENA region, however none of them provide an engaging development experience to the entrepreneurs or the local communities and most struggle with local rulesand regulation.CH9 is dedicated to creating a sustainable economy in Bahrain and GCC countries. We strive in our mission of unlocking entrepreneur’s innovation and bridging the business gap between entrepreneurs and investments.
Concerns & Approach
CH9 and Iris Capital have been partners in which Iris Capital has an active presence in Bahrain in the CH9 facility. Iris Capital was a pioneer in MENA venture capital by being the first international fund manager that is regulated by the CBB. Iris Capital can contribute to the Bahrain innovation ecosystem by being in regular interactions with the startup community, other accelerators and investors as well as the technology business community. In addition, Iris Capital is willing to play in active mentorship role and provide increased direct financing for Bahraini Startups.
First VC Fund in Bahrain
A one stop entrepreneurial hub for people who want to become job creators by leveraging on new technologies to start micro enterprises.Bring all the stakeholders of the startup ecosystem together to collaborate and enable micro entrepreneurs.
Solution
In the MENA region it is projected that 40% of the workforce will be freelancers, temps, independent contractors and solopreneurs. In an annual survey, those that work in co-working spaces were happier, healthier and more productive.
People surveyed at co-working spaces
Co-working Space Impact
CredentialsUSD 4.5 Million Total Fund RaisedThe team has led a number of fundraising for Forums & Bootcamps pitching events over the past 3 years with global Partners for benifiting starups. A large number of local & international corporations took part in the opportunities that was presented by CH9.
We have been making waves across the region with the likes of Seedstars, Microsoft, Amsterdam Center for Entrepreneurship (ACE), SIA Partners, European Business Angel Network (EBAN), Iris Capital, ECDC and Yostartups selecting us as their partners for Bahrain andthe GCC region.
Current Traction
Homiez is an innovative, comprehensive by e-commerce platform established in 2018 that was created by Digispheres soultions. It is one of the first platforms that focuses on vender visibility offering easy access to daily related services and products within the same reach.
Strategic Hospitality Services is The human face of technology. They specialize in online branding, positioning and pricing. They also engage with potential clients for hotels, restaurants and other service Industry Businesses.
Careem is MENA’s #1 car booking app for a safe, reliable and affordable ride. Careem’s transportation service is available 24/7 in major cities around MENA, such as Manama, Dubai, Lahore, Karachi, Riyadh, Jeddah, Cairo, Beirut, Islamabad, Istanbul and many more.
Quick Link offers testing services to Banking and Insurance sectors including Digital Channel baking products, web and mobile applications, Business Intelligence Solutions and Incident Management Support for various industries. They now have more than 150 employees working in our offices in UK, Republic of Ireland, India, Kingdom Of Bahrain and UAE, servicing customers across Europe, Asia and the Middle East.
by Digisphere Solutions
Startups - Successful Journeys
Scaleups - Successful Journeys
Business Module
Acceleration Program with Tamkeen(Strategic Partner)
Monthly Services - 40% of generated revenue
On Demand Services - 35% of our business module represents custom services made for startups and scaleups that would like to expand to the Kingdom.
Pay as you go Service - 5% income for day to day members services such as printing and branding.
Premium Services - 20% of finance is gained from working with government bodies and large corporate to rev up the entrepreneurial spirit in their communities and make them failure proof.
This acceleration program is run by
USD 30K Seed Funding
Support Services &Business Mentoring
Intense 6 MonthService Package
Networking & Exposure
Technological Resourcesa & Support
Workshops and Coaching
Co-Working Space
Business CommunicationSupport
Access to Investors & VCs
ClientsWe attracted clients
from diverse industries including a Unicorn
Social MediaPresence
Total RevenueWithin 3 months of
launch, our seats are 50 % full
Monthly GrowthWe are seeing a month on month increase in
queries
CH9 Founders Dr. Nazar AlbaharnaAn academic, entrepreneur and former Government Minister of Bahrain with considerable expertise in the areas of education, training, energy management and technology. Experienced in managing projects & change initiatives from initial concept through to completion.
Mohamed AltawashWith a global portfolio and over 20 years of experience in the private and public sector, Mohamed built the companies from its roots. His success allowed stock market entry via IPO. Mohammed currently runs a wealth management firm based in Bahrain and London which provides alternative investment vehicles.
Dr. Abdulmalek AljaberA full time angel investor, believing that Arab Youth can contribute to global innovation. Invested in more than 20 start-ups and focused on building an innovation friendly Eco-system in MENA. He was leading the two most prominent telecom operators in MENA.
Maryam AlsaeghExecutive Director Maryam oversees the programs,strategic planning as well as handling day to day operations for CH9.
Ali SetaihMembership ManagerSetaih oversees the membership salesof CH9 co-working space and members relations.
•Seedstars MENA Summit
•Eban Congress 2019
•Food Ideathon•Building a Business Incubator & Startup Ecosystem by ACE Incubator
•Al Tamimi & Co Legal Clinic
•Aramco ThinkTank 2017
•Console Gaming Bootcamp
•Global Entrepreneurship Congress
•#Shabab2030 by MBC
•Mashroo3i Youth Business Awards
Ann CordovaAdministrative AssistantAnn facilitates the day to day adminduties for CH9.
Ahmed MalallaFinancial Controller Ahmed handles all financial operationsin CH9.
Events & Participation
CH9 Team
+973 16011999 corporatehub9@ www.chnine.com [email protected] Amwaj Islands | Bahrain