HH Sayyid Belarab briefed on startups sector's development

Oman Monday 09/September/2024 18:51 PM
By: ONA
HH Sayyid Belarab briefed on  startups sector's development

Muscat: HH Sayyid Belarab bin Haitham Al Said, Honorary President of the “Programme of Promising Omani Startups” (POPS), on Monday chaired the third meeting of the programme’s Supervisory Committee during 2024.

HH Sayyid Belarab was briefed about the progress made in developing and empowering the startups sector, spreading the culture of entrepreneurship, utilising innovative solutions and exploring technical opportunities to accelerate the growth and sustainability of startups.

The briefing outlined methods of attracting talents and encouraging them to propose their ideas for establishing projects that enhance economic diversification.

The aim is to place the Sultanate of Oman on the map of attractive destinations for investors, including technology companies and venture capital investments.

The meeting also discussed the incentives offered to Omani startups that capitalize on technology and innovation and ways to enhance the progress of the initiative to implement startup accelerators.

The meeting also studied the outcome of “Future Pioneers” camps that were implemented during the summer vacation in coordination with the Ministry of Education in 11 governorates, targeting more than 500 students.

It is worth noting that the POPS is supervised by the Authority for Small and Medium Enterprises Development (ASMED), in cooperation with the Ministry of Transport, Communications and Information Technology, the Ministry of Higher Education, Research and Innovation, the Ministry of Economy, and ITCHA group.