The Entrepreneurship Card, issued by the Small and Medium Enterprises Development Authority, offers numerous benefits to its holders across various sectors. Its primary objectives revolve around supporting small and medium enterprises by providing a range of privileges through collaborations with both governmental and private entities.
Conditions and regulations:
That the institution be registered with the Small and Medium Enterprises DeveloPMent Authority.
That the Foundation's main headquarters be within the Sultanate’s borders.
The institution should not be affiliated or a branch of a large institution.
The Foundation should not have previously obtained an entrepreneurial card during the two years before the date of submitting the application and was assigned to any means
The owner of the institution to be extracted from the entrepreneurial card has previously obtained a business card for another institution owned by him or for an institution in which he is a partner during the past two years.
That the institution be fully owned by full -time Omani individuals to manage the institution and registered in the Public Authority for Social Insurance, and the retirees are excluded.
That the full -time owner/owners of the Foundation are registered in social insurance as an employer, and the retirees or those who exceed the age of (60) sixty years are excluded from the registration requirement
The entrepreneurial card may be issued to government employees who benefit from Resolution No. 2/2016 regarding the regulations for allowing government employees to devote himself to establishing and managing their own institutions issued by the Ministry of Labor, during the period of benefiting from the decision only.
The mentoring program is to create a bilateral relationship between the mentor who is a specialist and the entrepreneur, and it is based on guidance and the transfer of experience and knowledge in order to empower Omani entrepreneurs
Conditions and regulations:
Standards for entrepreneurs:
The project should be at least one operational year.
That he has passed the work of the work of the pioneer of the work.
To be registered in the body system.
Priority for spectators to manage their projects.
Standards for the Committee:
To have personal and professional experience in the field of entrepreneurship, with awareness of the challenges facing small and medium enterprises.
To have the method and ability to direct and develop small and medium enterprises.
He must have knowledge in managing small and medium enterprises or has an existing commercial institution or previously.
Training programs aimed at developing, enhancing and qualifying the capabilities of entrepreneurs and small and medium enterprises. They may be general or specialized programs and are implemented in cooperation with the competent authorities (governmental or private).
Conditions and regulations:
The applicant must be Omani nationality.
Registered in the authority’s database.
Completion of the requirements of the training program according to the specialization of the program
The program caters to small and medium enterprises, aspiring entrepreneurs with creative ideas and innovative projects, as well as those on the verge of establishing their businesses. It offers a comprehensive package of essential resources and technical services to foster project growth and establishment. These include consulting, training, marketing, as well as support for incubated projects during their initial launch stages.
Conditions and regulations:
• To be Omani nationality
• Passing the applicant to meet the Committee to accept the usufruct requests in the commission's incubators.
• The owner of the institution or all partners in the company to manage the project is completely free.
• The applicant should not be the owner of an institution or partner in another company.
• The number of employees in the company should not exceed 4 employees, including the applicant.
• The applicant should not be beneficial or previously obtained from one of the incubators of other government agencies.
• The employer's commitment to attend the programs attached to the service, such as training, guidance and consulting.
• The request and the signing of the use contract are considered null in the event that it is proven that it is contrary to any of the previous conditions.
Offering usufruct lands to small and medium enterprises in coordination with the Ministry of Housing and Urban Planning.
Conditions and regulations:
The lands are granted the right to use for small and medium enterprises based on the Ministry of Housing Decision No. 12/2016 in accordance with the following conditions:
1- That the institution be fully owned by an Omani citizen
2- That the Foundation's main headquarters be in the Sultanate of Oman
3- That the owner of the institution be free to its departments
4- That the institution is registered with the Small and Medium Enterprises DeveloPMent Authority
5- All partners must be emptied in the event of partnership
6- Not holding government land with the right to use.
Sectors
Business & Finance
Fees
Without the service provision fees
Determine according to the area granted after obtaining the ground.
An administrative commitment is registered on the commercial registration after obtaining the entrepreneurship card. If the cardholder wishes to make any updates to their commercial registration data, they must submit a request for lifting the commitment
Conditions and regulations:
- The pledge not to sell the record to non -full -time people
- In the event that new partners enter, they should be full -time.
- Settlement of obligations on the commercial registry in case of requesting the service.
Providing appropriate opinions and proposals that guarantee improving and developing work in the project and providing possible solutions to confront the difficulties and challenges that the project may face, whether through a direct request from the beneficiary of this service or from the departments and other departments in the authority or on the initiative of the Consulting Department to organize consulting sessions to develop entrepreneurs projects .
Conditions and regulations:
1. The applicant must be registered with the authority and whoever meets the conditions of the beneficiary groups.
2. Provides all the information and data required by the work pioneer.
3. Commitment by the pioneer of work on the conditions of service and implementing recommendations and proposals for consulting.
Organizing the participation of small and medium-sized enterprises in domestic and international events and exhibitions for marketing and promoting their products and services, as well as finding partnership opportunities to enhance their competitiveness and innovation. Providing support in building the corporate identity for small and medium-sized enterprises and startups.
Conditions and regulations:
1. The applicant must be registered in the authority’s database.
2. To have an existing project or under establishment.
Allocating business opportunities for small and medium enterprises in various promising economic sectors in collaboration with governmental and private entities and companies.
Conditions and regulations:
- Priority for small and medium enterprises with entrepreneurship card or registered in the authority’s database and working in the governorate available.
- Other conditions are determined by the donor authority, according to the available opportunity, its standards and the nature of its type.
To be a small and medium enterprise registered in the authority.
A training program aimed at enhancing the entrepreneurship culture for owners of small and medium-sized enterprises (SMEs) and startups, and developing the capabilities of the targeted groups across all governorates of the Sultanate. This program is mandatory to access certain services provided by the authority, such as financing, incubation, and others.
Conditions and regulations:
The applicant must have an idea
Or to be the owner of an emerging institution/list
Or to be the owner of an individual profession
Priority for entrepreneurship card holders
To be compatible with the financing requirements of the Omani DeveloPMent Bank
This service aims to provide support to craftsmen in various forms, such as providing tools and equipment, raw materials, training, participation in exhibitions, workshop preparation, restoration and maintenance, packaging, and marketing. These support services are offered by the authority to enhance the craftsmanship industries.
Conditions and regulations:
The individual craftsman is required for the following support:
To be Omani nationality
To be registered in the authority’s database.
To have a home license for a literal activity by the Ministry of Trade, Industry and Investment Promotion.
He has to join specialized professional training programs approved by the authority and successfully completed the course or has the practical experience that the authority appreciates.
To manage and supervise the craft industry in support.
Not to have previously been granted support during (2) two years before the application.
To have a specific location to practice the craftsmanship of support.
An electronic service through which information and details about granting commercial concessions are displayed. Small and medium-sized enterprises can also register on the Commercial Concession Page, enabling them to market themselves in local, regional, and global markets.
Conditions and regulations:
That the institution is registered with the Small and Medium Enterprises Authority
- That the brand is registered with the Ministry of Trade, Industry and Investment Promotion
- The brand is not less than three years old
- The brand must have a widespread and stable marketing power
- That the institution owns at least two branches, inside or outside the Sultanate, and that each of them has completed one year of operation
- Proof of the implementation of the excellence system for concession for a period of at least a year
Request to renew the entrepreneurial card after completion
Conditions and regulations:
- That the institution be registered with the Small and Medium Enterprises DeveloPMent Authority.
- That the Foundation's main headquarters be within the Sultanate’s borders.
- The institution should not be affiliated or a branch of a large institution.
- The Foundation should not have previously obtained a business card during the two years before the date of submitting the application, and it was waived by any means
- The owner of the institution does not to be extracted from the entrepreneurial card has previously obtained a business card for another institution owned by him or for an institution in which he is a partner during the past two years.
- That the institution be entirely owned by full -time Omani individuals to manage the institution and registered in the General Authority for Social Insurance, and the retirees are excluded.
- That the owner/owners of the Full Foundation be registered in social insurance as an employer, and the retirees or those who exceed the age of (60) sixty years are excluded from the registration requirement
The entrepreneurial card may be issued to government employees who benefit from Resolution No. 2/2016 regarding the regulations for allowing government employees to devote himself to establishing and managing their own institutions issued by the Ministry of Labor, during the period of benefiting from the decision only.
The service is concerned with submitting a request to cancel the entrepreneurship card
Conditions and regulations:
- There are no workers or licenses within the activities excluded by the Ministry of Labor for entrepreneurship card holders.
- Setting financial obligations to the applicant in the event of borrowing from the authority’s portfolio and waiving a third party according to the conditions.
The citizen applies to obtain a license to practice the Sanad Services Center activity.
Conditions and regulations:
1- To be Omani or an Omani company whose number does not exceed (4) four people.
2- To be one of the sons of the state in which he wants to open the center, with the exception of requests for Muscat Governorate.
3- The applicant must not be less than (18) eighteen years, and does not exceed (50) fifty years.
4- He should not have previously obtained a license during (3) the three years preceding the submission of the application.
5- To be non-workers in any of the governmental or private sectors.
6- He must abide by during the first five years of the date of granting the license, not to be an individual merchant, one person’s company or partner in one of the companies, or has a legal relationship with that institution, or the company except for the licensed commercial registry.