Be’ah Eco-Innovate Oman to support entrepreneurs
MUSCAT: be’ah strongly believes in the importance of sustainability and the creation of a circular economy ecosystem in Oman. In support of this, be’ah is partnering with Inspired Solutions, an SME consultancy firm, to launch EcoInnovate Oman (EIO).
This acceleration programme is considered to be the first in Oman designed to support innovative entrepreneurs that are working to implement creative and sustainable solutions to today’s environmental resource challenges.
Dr Farah Al-Barwani, Research & Development manager at Environmental Centre of Excellence in be’ah stated, “The Eco-Innovate Oman (EIO) platform will select few local startups at various stages of development that demonstrate high potential within field of environmental sustainability such as waste management, agriculture, water aquaculture/marine, biotechnology, eco-tourism, and other environmental sectors. With a team of local and international experts and the support of the relevant local stakeholders, these startups will be driven through targeted training programmes to prepare the SMEs to become investment-ready.”
He added, “Our local team includes of Omani entrepreneurs with a deep and extensive history of business formation in Oman and other countries. Our international partners include several specialists in resource management, circular economy and impact investment, including Fraunhofer (Germany), Deltares (Netherlands), STRIDE (USA), Vito (Belgium) and the Polsky institute for entrepreneurship and innovation (USA).
The range of different expertise provided by our local and international partners will support our aims to provide effective targeted development for each SME.”
Inspired Solutions, an SME consultancy firm that runs many SME accelerator programmes facilitated the development of over 130 Omani SMEs.
The Sultanate of Oman understands the importance of developing the waste management sector, which had resulted in establishing Oman Environmental Services Holding Company (be’ah).
Royal Degree No. 46/2009 granted be’ah the mandate and the legal entity responsible for solid waste management. be’ah works to implement the best environmental strategy, developing the sector with the best international standard, and cooperate with the private sector and civil society to reduce waste and conserve the environment of Oman.