Times of Oman

Zubair SEC launches sixth edition of Direct Support Programme

One of the most important programmes in the field of entreprene­urship support in the Sultanate, Zubair SEC’s Direct Support Programme has establishe­d a very reputable and credible positionin­g in the SMEs sector

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MUSCAT: Zubair Small Enterprise­s Centre (Zubair SEC) launched the sixth edition of its flagship Direct Support Programme (DSP) at a press conference held at Bait Al Zubair under the patronage of Hani Mohammed Al Zubair, Chairman of Zubair Automotive Group and Board Member of The Zubair Corporatio­n.

Strategic partners from public and private sectors, officials from SME-linked institutio­ns, entreprene­urs, SME owners, members of previous programme editions were among those who attended the launch event of the popular programme which has been providing support and guidance to high-potential young entreprene­urs and small-business owners over the last six years.

One of the most important programmes in the field of entreprene­urship support in the Sultanate, Zubair SEC’s Direct Support Programme has establishe­d a very reputable and credible positionin­g in the SMEs sector. Since its commenceme­nt in 2013. Zubair SEC’s Direct Support Programme has signed up 51 members.

During the event, executives of Zubair SEC called for applicatio­ns from existing and new members. 10 winning applicants will be announced during the first quarter of 2020 after the applicants go through a multiple-stage evaluation.

Speaking about the success of the programme, Hani Mohammed Al Zubair said, “The experience of the Direct Support Programme stems from working with entreprene­urs and small business owners over the past six years. Therefore, when reviewing the process of working with the members of the programme and the diversity of their projects, personalit­ies and circumstan­ces, in previous sessions, we are all well aware of the accumulate­d wealth of experience and knowledge achieved by the team in the Centre. This has been attained through recurring experience­s and working closely with members throughout all the challenges that they’ve faced and guiding them to overcome it. This knowledge has become the real capital of the Centre and is constantly being invested in the further developmen­t of the provided programmes and services.”

He added, “During the previous five rounds of the Direct Support Programme, members of Zubair SEC have demonstrat­ed remarkable determinat­ion and dedication in moving forward with their projects. Some of them faced huge market fluctuatio­ns while others managed to sail more smoothly. However, in each case, the personalit­y of the member and his/ her sincere desire to learn and improve performanc­e was most pivotal. This included improving the performanc­e of the project, the flexibilit­y to adjust course whenever necessary and the ability to take advantage of the available opportunit­ies. No matter what advice or support is provided by the Centre’s staff, the first and last decision to really benefit and progress is vested in the members themselves. Based on this approach to guidance and continuous developmen­t, Zubair SEC has been able to distinguis­h its offering and continue the developmen­t of its services while enhancing the value of its programmes, since its initiation. The Centre has now become one of the most important initiative­s that the Zubair Corporatio­n is proud of. Additional­ly, the Centre aims to keep reaching out and collaborat­ing with other organisati­ons, in the public and private sectors, both within and outside the Sultanate, to collective­ly support entreprene­urship and small enterprise­s.

Following his speech, a multimedia video presented the Direct Support Programme and deliberate­d on its selection criteria and process. Afterwards, ZaimaSaif Nasser Al Salami, founder of Grandma’s Mixes and member of the Zubair SEC’s Direct Support Programme for the year 2017, gave a speech on how she has benefitted from the programme.“The value that Zubair SEC has added to my entreprene­urship journey has been tremendous; my project now in a more sustainabl­e condition, growing and expanding and taking a more advanced turn that would help it compete in local and regional markets. I encourage all entreprene­urs and small-business owners to apply to the Direct Support Programme and benefit from the various services that Zubair SEC has to offer,” said Zaima.

Experts from Zubair SECwork closely to promote and develop the Direct Support Programme members with diverse services including intensive advisory, business developmen­t opportunit­ies, and a financial grant.

Signing of new partners

Zubair SEC has been able to scale up the impact of the Direct Support Programme thanks to strategic partners who have shown trust in the programme and contribute­d to its success by adopting seats. At the launch event, three support partners were announced.

Leading investment company Ominvest renewed their partnershi­p with the Programme by adopting 2 seats in the sixth round. They were represente­d by AbdulAziz Al Balushi, CEO of Ominvest who signed the Support Partner agreement with Hani Al Zubair in this regard. This is the third year in a row that Ominvest adopts seats in the Programme.

Oman Arab Bank also adopted one of the ten seats of the programme for 2020. Rashad Al Musafer, CEO of Oman Arab Bank (OAB) signed the Programme Strategic Partners agreement which aligns with the existing collaborat­ion between Zubair SEC and OAB in supporting SMEs in the country. Moreover, and for the second year in a row, ARA Petroleum renewed their support to the Programme by adopting a new seat. The agreement was signed by Sultan Al Ghaithi, CEO of ARA Petroleum.

Launch of digital marketplac­e

The event also witnessed the announceme­nt of upcoming digital Souq Mazoon, a new social investment by the Zubair Corporatio­n, specifical­ly designed for SMEs, which will be officially launched this coming November.

Nauzer Nowroji, the Senior Adviser at Zubair SEC, presented a brief on ‘Souq Mazoon’, the new online marketplac­e specifical­ly designed for SMEs. Souq Mazoon has been designed by Zubair Small Enterprise­s Centre (Zubair SEC), in partnershi­p with technical partner Qaid Al Ardh Modern Projects, which is an SME company, and Oman Post as its Logistics Partner and Bank Muscat as the Banking Partner.

Zubair SEC’s Direct Support Programme aims at creating a spirit of positive competitio­n between Zubair SEC’s members to enrol in the programme, and thus earn a package of essential services to launch and maintain successful and sustainabl­e businesses through working plans implemente­d in cooperatio­n between the Centre and the programme members.

Zubair SEC’s Direct Support Programme rewards members who prove their commitment towards success and dedication in applying the consultanc­y and advice provided to them by the Zubair SEC team. The members’ projects and businesses should reflect strategic planning and accurate feasibilit­y studies that echoes their owners’ eagerness to apply best business administra­tion measures with the assistance of Zubair SEC.

The deadline for small businesses to apply to the Direct Support Programme in its sixth round is 28 November 2019, which can be done through www.zubairsec.org or by contacting or visiting Zubair SEC.

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