Muscat: Occidental of Oman (Oxy Oman) said it will support the 2016 edition of Injaz Oman’s entrepreneurial training initiative, paving the way for increased SME prosperity through partnership after signing a Memorandum of Understanding (MoU) with the non-profit organisation.
Steve Kelly, president and general manager of Oxy Oman and Khawla Al Harthi, executive director of Injaz Oman were signatories for their respective organisations.
Oxy Oman further said that fueling the company programme and its ‘Sharikati’ competition as a platform of importance for youth driven businesses in the Sultanate, signing the MoU with Injaz Oman will pledge to invest in young peoples’ entrepreneurial development
“The cooperation between Oxy Oman and Injaz Oman is enhancing the learning delivered on setting up a company and creating a strong foundation for sustainable operations and growth. It will help entrepreneurs when reflecting on their own businesses and hopefully improve their entrepreneurial tool kit, contribute to their strategic planning, and enhance service output and operational efficiency,” said Steve Kelly, president and general manager at Oxy Oman
“The youth are the business leaders of tomorrow, and thus their aspirations need to be empowered as a means of driving quality, growth and increased competitiveness within the SME sector. By supporting local talent as the bedrock of the national economy, we are creating a more dynamic and diverse landscape for local, regional, and international investors,” sid Khawla Al Harthy, executive director of Injaz Oman.
“The company programme inspires a more profound and creative emergence of young people by infusing their entrepreneurial endeavours with valuable experiences, insight and knowledge; all in our mutual contribution to the vision of the Omani Renaissance and its Grand Architect His Majesty Sultan Qaboos bin Said,” she added.
Whilst offering thanks to Oxy Oman for its support, Al Harthy covered what is being delivered under the terms of the MoU, noting the cost of training, premises for workshops and scientific teaching materials, as well as marketing and management fees.
This MoU falls under the umbrella of strategic partnerships and continuous collaboration with key stakeholders and is part of Oxy Oman’s endeavour and long-term commitment to support programmes that enhance economic growth and sustainable development, whilst having a positive impact on neighbouring communities.