Oman’s Public Establishment for Industrial Estates, Madayn, has launched the Sur Oasis Incubator at Sur Industrial City to attract innovators, entrepreneurs, and SMEs and connect them with the industrial sector.

 

The incubator, under the patronage of Dr Yahya bin Badr Al Maawali, Governor of South Al Sharqiyah, and launched in the presence of Hilal bin Hamad Al Hasani, CEO of Madayn, comes in line with efforts made to enhance the business climate in Madayn’s industrial cities through the establishment of incubators and accelerators.

 

Sur Oasis incubator, represented by Industrial Innovation Academy and in collaboration with Oman LNG, reflects Oman LNG’s relentless efforts to boost the in-country value by supporting the aspirations of youths and entrepreneurs alike through such initiatives, and consecutively contribute to enhancing the national economy. 

 

Focusing on innovation

Moreover, the incubator embodies Oman LNG’s efforts to align with Oman Vision 2040 by focusing on innovation, entrepreneurship and keeping pace with Industry 4.0 goals.

 

The inauguration ceremony also marked the graduation of 30 participants from the Industrial Innovation Programme, financed and supported by Oman LNG, that took place last October in Sur Industrial City and targeted entrepreneurs and innovators in South Al Sharqiyah in the food and beverage industry.

 

Commenting, Eng Abdulqadir bin Salim Al Balushi, Director General of Sur Industrial City, said: “This incubator will serve as a leading centre for entrepreneurs, innovators and owners of SMEs in South Al Sharqiyah, and we will ensure to link the incubated projects with the companies and factories operating in Sur Industrial City to expand their business opportunities.”

 

Second edition

He added: “Sur Industrial City is currently working on launching the second edition of Industrial Innovation Programme before the end of the year, in cooperation with Industrial Innovation Academy. The forthcoming edition will focus on one of the strategic sectors related to technology."

 

Dr Amor bin Nasser Al Matani, CEO of Oman LNG Development Foundation, commented: “The launch of this incubator reflects Oman LNG’s constant efforts to support the Omani youth, develop the skills and capabilities of entrepreneurs, and provide training, and advisory programmes to ensure the sustainability and long-term growth of the SMEs. Such cooperation is aligned with Oman LNG’s in-country value efforts. We are extremely privileged to work with Madayn in inaugurating such project, which will serve the nation, local youth and continue our efforts towards Oman Vision 2040.”-- TradeArabia News Service