Muscat: The Ministry of Commerce, Industry and Investment Promotion started to implement incubators for resolving challenges facing the start-ups sector.
The five-day programme is undertaken through cooperation with Oman Vision 2040 Implementation Follow-up Unit and the Industrial Innovation Academy.
The incubators deal with three main themes: infrastructure and public services; laws and legislation; and investment and financing.
More than 60 people representing various government and private establishments are taking part in the tasks of the programme.
Sami al Sahib, Director-General of Industry at the Ministry of Commerce, Industry and Investment Promotion, stressed the role of the incubators in addressing challenges related to projects of the start-ups sector, since government and private establishments concerned are fully represented in the programme and are capable of forging solutions.
Al Sahib added that the incubators aim at realising a number of objectives. These include reviewing all the results of the projects implemented in various sectors related to the industrial sector; analysing, studying and coding the challenges related to projects and investment opportunities resulting from the previous laboratories; and devising practical solutions in cooperation with the authorities concerned to secure licenses required by the projects. — ONA
