MUSCAT, OCT 14 - The 2017 edition of BP Khazzan’s Project for SME Development officially came to an end last week with a ceremony presided over by Talal al Rahbi, Deputy Secretary- General of the Supreme Council for Planning.
The project is sponsored by BP Oman as part of its Social Investment Programme and is executed by Sharakah. Also present at the ceremony were Sharakah’s Chairman Hani M Al Zubair and BP Oman President Eng Yousuf al Ojaili.
As many as 24 SMEs participated in the project representing various sectors mostly related to manufacturing. The SMEs underwent a thorough business analysis process to identify areas for improvement and received a handholding consultancy services for a period of 12 months.
Shabib al Mamari, Communications and External Affairs Manager said: “We are delighted to see that the project has achieved its objectives which are benefiting SMEs from different governorates according to their needs. We do believe in the importance of supporting entrepreneurs towards the social economic development and this is one of BP Oman’s Social Investment Programme pillars.”
More than 420 SMEs applied for the programme. The application and selection process was conducted online and preference was given to SMEs who were committed to improve their business performance and scale up.
Ahmed al Ajmi, founder of ThuriyaBiz, presented a brief about his business and highlighted what he gained from the project saying: “My business was amongst the businesses that were accepted to enrol in this year’s programme. I have learned a great deal about the importance of having a clear administrative and governance structure in my business. “