NBC helps empower entrepreneurship in Oman through incubation

Merge 104.8  |  21 May 2020

Oman’s National Business Centre (NBC), which pertains to the Public Establishment for Industrial Estates (Madayn), has signed an incubation agreement with Omani company True Build Technologies which specializes in building and construction, oil- and gas-related services, and import and exports services.

Cover photo credit: Oman News Agency

As Oman News Agency (ONA) reports, the agreement, which was signed on Wednesday [May 20], will see True Build Technologies Company benefit from the various services and incentives offered by NBC, which include counseling and guiding services, intensive training, coaching and mentoring. 

These services aim at building entrepreneurial skills of incubated companies and help contribute to their development through enhancing business networking, forming partnerships, and getting access to business mentors.

As per ONA, NBC is an initiative launched by Madayn at the Knowledge Oasis Muscat (KOM) to offer promising Omani entrepreneurs a platform to develop their business ideas and advance them into growing ventures. The centre offers a premier platform for Omani entrepreneurs by providing business development support and guidance, training and mentoring, access to markets and industry experts, and a state-of-the-art, fully equipped office space, meeting rooms, and presentation facilities.

Source: ONA

(Also read: Oman: Madayn signs agreement with PDO to establish Industrial City in Marmul.)