Reg­is­tra­tion for En­trepreneur­ship Award open till Au­gust 22

Muscat Daily - - PRESS RELEASES -

The reg­is­tra­tion date for the third edi­tion of the En­trepreneur­ship Award has been post­poned un­til Au­gust 22, giv­ing po­ten­tial ap­pli­cants an ex­tra month to par­tic­i­pate in the award.

The ap­pli­cants can ap­ply for the awards through its of­fi­cial web­site theaward.riyada.om. Thus far, over 255 ap­pli­ca­tions have been re­ceived and con­tinue to flux. Aim­ing to in­spire small, mi­cro and medium busi­nesses, the En­trepreneur­ship Award seeks to en­rich the com­pe­tence of SMEs and en­trepreneur­ship to be one of the ma­jor bene­fac­tors to an evolv­ing econ­omy, based on tech­ni­cal ap­ti­tude, re­search, lat­est skillsets and in­no­va­tion.

“Due to the vig­or­ous se­lec­tion process, it is im­por­tant to read the con­di­tions and an­swer all ques­tions in the on­line ap­pli­ca­tion form. Ap­pli­cants are re­quested to reg­is­ter in the right cat­e­gory, en­sure that they meet all cri­te­ria and at­tach all nec­es­sary doc­u­ments us­ing the pro­vided tem­plate. Com­plet­ing these steps suc­cess­fully will have a pos­i­tive im­pact on the as­sess­ment of to­tal re­sults,” said Badriya al Hi­nai, project man­ager of the award.

There will be 15 awards di­vided into three main cat­e­gories: En­trepreneur­ship Award, which in­clude Best En­tre­pre­neur, Best Ed­u­ca­tional Ini­tia­tive, Best Me­dia Ini­tia­tive and Best SME De­vel­op­ment Ini­tia­tive. En­trepreneur­ship Award for SME in­cludes eight awards: Best Home Busi­ness, Best Mi­cro Busi­ness, Best Small Busi­ness (in­dus­trial, trad­ing and ser­vice) and Best Medium Busi­ness (in­dus­trial, trad­ing and ser­vice). For those in­ter­ested in sup­port­ing en­trepreneur­ship and SMEs, the third cat­e­gory of­fers three awards: Best Sup­port from Large Com­pany, Best Sup­port from a Gov­ern­ment In­sti­tu­tion and Best Fi­nan­cial Sup­port.

In align­ment to Oman’s ef­forts to broaden its econ­omy and sup­port both pub­lic and pri­vate sec­tors, the award fo­cuses on in­cul­cat­ing the spirit of en­trepreneur­ship in the so­ci­ety. It also seeks to so­lid­ify ca­pa­bil­i­ties of mi­cro, small and medium en­ter­prises by pre­par­ing them to step into a com­pet­i­tive mar­ket.

The ini­tia­tive was de­vised to en­cour­age com­pet­i­tive­ness of SMEs and dis­tin­guish in­sti­tu­tions and in­di­vid­u­als of­fer­ing their sup­port to them through ap­pre­ci­a­tion and de­liv­er­ance of an op­por­tune en­vi­ron­ment to net­work.

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