Welcome

Sharakah was established by Royal Decree (76/98) in 1998 to continue the government`s commitment and support towards entrepreneurs and entrepreneurship in Oman. We are a closed joint stock company which specifically encourages and supports the development of entrepreneurs and SMEs in the sultanate.

The generous donation by His Majesty Sultan Qaboos bin Said along with those from the business community and private individuals have created the share capital that enables us to operate and render our services.

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Vision and Mission

Vision The SME supporting organization which everybody is proud to be associated with.
Mission Offer Financial support and guidance to SME`s, help build local entrepreneurial capability, advocate policies related to the SME sector and spread more awareness about entrepreneurship.

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Objectives

Our vision, mission and objectives underpin our activities in supporting SMEs during their start-up and early period of activity.

Indeed, our mission, vision and objectives recognize the importance of entrepreneurship to society, its key role in economic development and the benefits that flow from it.

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Entrepreneurship Fuels the Economy

In recent years there has been increasing recognition of the pivotal role played by the entrepreneur in economic development. According to the respected economist William Baumol the entrepreneur is “an indispensable component of growth and prosperity.”

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Outlook and View

Many of today`s business giants were once start-ups. And in their start-up phase they encountered issues as every other small business - finding the financing to start and grow their business and bring their product or service to market.

While not every start-up becomes a multinational, many do grow and prosper, creating jobs, skills and opportunity, providing much needed products and services and making real differences to people`s lives every day.