Thursday 14 / November / 2024
The University of Technology and Applied Sciences in Al-Mussanah hosted a symposium titled “Enhancing In-Country Value to Support Innovative and Entrepreneurial Projects—A Strategic Partnership Towards Achieving Oman Vision 2040” with sponsorship from the Development Bank. The event featured participation of the General Secretariat of the Tender Board, the Ministry of Energy and Minerals, the National Employment Program, and the Small and Medium Enterprises Development Authority.
The symposium began with the University speech delivered by Mr. Masoud Sulaiman Al Salmani, Head of Partnership and Entrepreneurship Section, which emphasized that the university has launched initiatives supporting scientific research, innovation, and entrepreneurship, as well as competitions and training to enhance creative skills. Business incubators and advisory programs were also established to support student projects and engage them in local and regional competitions. Strategic partnerships with the private sector were prioritized to boost technology transfer and foster innovative commercial projects.
Various programs and investment opportunities were then presented, starting with a video presentation from the General Secretariat of the Tender Board on national policies for local content, and another from the National Employment Program on employment pathways. Additionally, the SME Development Authority highlighted support programs for entrepreneurs, while the Development Bank presented financial support options. The Ministry of Energy and Minerals introduced investment opportunities through the Makeen platform.
The presentations concluded with a showcase of successful investments, including the Four Dimensions (Al Noor Farm) as a leading example of a successful business model. The event ended with a discussion led by Dr. Ali Al-Ghoneimi, covering topics related to the roles of the participating entities.
Finally, the participants, contributors, and sponsors were honored, and the Development Bank presented incentive awards to students.
