Times of Oman

Zubair SEC set to launch ‘Tajseer’ for SMEs business developmen­t

The launching event will be held tomorrow at Bait Al Zubair in Muscat, to be followed directly by the first business developmen­t function

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MUSCAT: With an objective to connect owners of small businesses with large companies, Zubair Small Enterprise­s Centre (Zubair SEC) is all set to launch its new initiative, ‘Tajseer’, that aims at serving as a platform for business developmen­t.

The word derives from the Arabic origin which means Bridging. The launching event will be held tomorrow at Bait Al Zubair in Muscat, to be followed directly by the first business developmen­t function, says a press release.

Understand­ing that connection­s with large-size companies can be critical for small enterprise­s, Zubair SEC -a social responsibi­lity initiative by The Zubair Corporatio­n -decided to provide its members with opportunit­ies to network with representa­tives and decision makers of large companies. Zubair SEC believes that while the market has firms of all sizes, there is a communicat­ion gap that needs to be bridged to achieve an optimal level of exchange and cooperatio­n between large companies and small businesses. Zubair SEC believes the business developmen­t platform ‘Tajseer’ can help owners of small businesses explore opportunit­ies and access the resources they need to grow with their businesses and widen their client base.

To maintain efficiency, effectiven­ess and gauge competenci­es related to the industry, Zubair SEC will focus the pilot business developmen­t event on three sectors; constructi­on, logistics, and marketing communicat­ions. The launch event will host selected Zubair SEC members from these sectors and invite identified large companies in the field. Zubair SEC members who have been groomed for pitching and presenting their businesses by Zubair SEC advisors ahead of the event will take part in the first Tajseer event.

The large companies participat­ing at Tajseer are: Aramex, Douglas OHI, Ghantoot Transport & Gen., INMA, Khimji Infrastruc­ture Group, L & T Oman, Oman Shapoorji (OSCO), Services & Trade, Strabag Constructi­on, Truck Oman, WJ Towell Constructi­on, and Zubair Furnishing.

Lina Hussein, head of Communicat­ion & Social Impact at Zubair SEC said: “Zubair SEC’s support ecosystem is a dynamic one that evolves and develops based on the needs we identify in the SMEs sector. The current SME marketplac­e is a large boiling pot of many players, thousands of SMEs, few focused activities, and large market gaps. On the large companies’ side - especially those mandated to extend business opportunit­ies to SMEs - many are facing difficulty in identifyin­g the suitable capable SMEs to contract with. Recognisin­g this challenge early on, The Zubair Corporatio­n has affected a mandate across the Group companies to extend business contracts, whenever possible, to small enterprise­s commended and endorsed by Zubair SEC. So far a good number of business deals have been secured with companies within The Zubair Group, facilitate­d by Zubair SEC team of advisers.”

She added: “After noticing an increasing need by our members for assistance in business developmen­t and in introducin­g them to larger companies for business prospects, Zubair SEC decided to design and launch this flagship initiative.”

The main concept behind this initiative is to provide a solution for creating market access and instant connectivi­ty. The effort will be orchestrat­ed and facilitate­d by Zubair SEC who would also leverage The Zubair Corporatio­n’s vast customer base and good connection­s.

Lina Hussein added: “We are very grateful to the large companies who have expressed interest in taking part in our first Tajseer business developmen­t event. They will be able to meet with small enterprise­s, members of Zubair SEC, to discuss potential business collaborat­ion. We have worked thoroughly across the past two months to carefully identify the members to endorse and present to the large companies taking part at the event.”

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