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Zubair SEC incubates entrepreneurial projects with social impact

Date: October 30, 2014

Zubair Small Enterprises Centre (Zubair SEC) has signed a memorandum of understanding (MoU) towards supporting four Omani entrepreneurs who have designed an innovative mobile application designed to meet social needs.

The project “OTaxi” – standing for Omani Online Taxi Services – is carefully designed to cater for the needs of multiple stakeholders; it would solve a common challenge for people requiring a taxi drive or need to prepare for their lift in advance. “OTaxi” would also help subscribed taxi drivers to increase demand on their services, save on fuel spent while driving empty, and become more time efficient.

The four Omani young men – Faisal Al Munthiri, As’ad Al Breiki, Sameer Al M’amari, Hasan Al Kamzari – are members of SAS Centre for Entrepreneurship, which is established by the Information Technology Association (ITA). They have recently won the SAS 48H competition for the mobile application developed within 48 hours. They have proven remarkable performance and dedication, as commended by SAS team, which encouraged Zubair SEC to extend special incubation and business advisory services to further help the masterminds of OTaxi achieve their goals.

We have been very encouraged to become members at Zubair SEC and benefit from all special incubation and acceleration services that the Centre has been well known of. As entrepreneurs, we especially value the support extended to us in the Sultanate through such reputable programmes and initiatives and we will put all effort to capitalize on the provided supporting ecosystem towards achieving remarkable success”, said Faisal Al Munthiri, representative of the OTaxi team.

As part of the MoU, Zubair SEC will incubate OTaxi team and extend to them all needed business advisory, coaching, and mentorship. While OTaxi team will enjoy the many benefits of Zubair SEC’s membership, special attention will be given to them through the Centre’s ecosystem to help them materialize their project and run it on the desired scale.

Since the establishment of Zubair SEC, we have been very keen on building a supporting ecosystem for our members and collaborating with different initiatives and programmes in the Sultanate that share with us the mission of developing entrepreneurship. As such, we are delighted to join SAS Programme in assisting innovative dedicated entrepreneurs such as the OTaxi team by extending our business advisory arm in support”, said Adel Hubaishi, Business Advisory at Zubair SEC.

Zubair SEC is one of the initiatives which emanated from The Zubair Corporation’s Social Responsibility strategic vision towards the Omani society. The vision reflects the corporation’s belief in the importance of small enterprises (SEs) in enhancing the national economy and contributing to sustainable socio-economic development. The centre comprises a team of socially engaged and business savvy advisors who put all effort to contribute to leveraging the Omani community through equipping and enabling entrepreneurs and start-ups to grow with their businesses in a sustainable and responsible manner. Since its launch in 2013, Zubair SEC has joined to its membership 200 small businesses and around 220 entrepreneurs from all sectors of the economy to benefit from its services and support.

About Zubair Small Enterprises Centre (Zubair SEC)

Established in June 2013, the Zubair Small Enterprises Centre (Zubair SEC) is one of the initiatives which emanated from The Zubair Corporation’s Social Responsibility strategic vision towards the Omani society. The vision reflects the corporation’s belief in the importance of small enterprises (SEs) in enhancing the national economy and contributing to sustainable socio-economic development. The centre extends business mentorship and guidance to Oman’s promising member entrepreneurs as well as financial support to selected entrepreneurs every year, to help them succeed and grow in a sustainable manner.

For more information on Zubair SEC, please contact the Communications Office at info@zubairsec.org