NBC inks incubation deal with local firm

Business Sunday 30/June/2019 17:13 PM
By: Times News Service
NBC inks incubation deal with local firm

Muscat: The National Business Centre (NBC), which pertains to the Public Establishment for Industrial Estates (Madayn), signed on Sunday an incubation agreement with Ashal for Education and Business. The company will benefit from the incentives and services offered by NBC for small and medium enterprises (SMEs).
Ashal for Education and Business offers an e-learning application for students, teachers and parents. Designed to meet the needs of students from grade one to grade 12, the application features explanation lessons and training courses for the students, teachers and parents.
It is worth mentioning that the National Business Centre is an initiative launched by Madayn at the Knowledge Oasis Muscat (KOM) to offer promising Omani entrepreneurs a platform to develop their business ideas and advance them into growing ventures.
Objectives of NBC comprise facilitating and supporting the growth of investable ideas into successful businesses; building entrepreneurial skills through dedicated and focused training, coaching and mentoring; and providing business support facilities from office space, administrative support, financial support and consultancy services that are crucial in ensuring the success and survival of new ventures.