Ajyal funds new equipment for Zubair SEC member Uniboats
MUSCAT: As part of its efforts to leverage collaboration in supporting start-ups, Zubair Small Enterprises Centre (Zubair SEC) facilitated financing by WJ Towell’s Ajyal al Mustaqbal (Future Generations International) to its member Adel al Abri. Founder of Uniboats and winner of Zubair SEC’s Direct Support Programme for 2015, Adel al Abri utilized the financing to procure and launch new equipment for his water sports activities company located in Al Mouj Marina.
The new water sports equipment procured for the company include kayaks and paddle boats. Zubair SEC provided Adel al Abri with advisory and guidance towards his business development plans and facilitated negotiations with WJ Towell’s Ajyal Al Mustaqbal, as part of the existing collaboration agreement between the two SME-support entities.
The new fleet of kayaks and paddle boats is envisaged to help Uniboats expand its activities and cater to the increasing demand in the market, especially during the peak seasons of winter for water sports activities in the Sultanate. Since its establishment, Uniboats has managed to attract many sports enthusiasts and adventure lovers through top quality customer service.
Mujtaba Zafar, Administration & Business Development Manager at Ajyal Al Mustaqbal said, “Part of our objectives in Future Generations International (Ajyal Al Mustaqbal) is to support and nourish local entrepreneurs in as many ways possible and Adel al Abri is one of the perfect examples of an enthusiastic entrepreneur who is very focused in what he is doing, especially the fact that he is focusing on growing our tourism sector which is one of the most important sectors in the Sultanate. When we were approached by Zubair SEC to finance the project we were very delighted to be a part of it and ultimately due to the professionalism involved, the process finished rapidly”.
Nauzer Nowroji, Senior Adviser at Zubair SEC said, “In line with our strategy to support our members, Zubair SEC is delighted to have facilitated the procurement of new equipment for Adel’s company Uniboats.
Earlier this year we advised our member to get a fresh installation of new jet skis and other equipment and assisted him in making a business plan, which was presented to Al Raffd Fund. After the funding was approved, Uniboats acquired six brand new high-end jet skis through a company called OHI Marine. Once Adel reestablished his entire business space in the Al Mouj Marina we realised there was a demand for paddle boats and kayaks. Since we had already approached Al Raffd Fund, we made a special request to WJ Towell’s Ajyal Al Mustaqbqal to provide financing to our member so he can purchase the other equipment. Ajyal Al Mustaqbal were very cooperative and agreed to support Adel to obtain the paddle boats and kayaks.”