2027 edition / 14 SMEs
Imtidad SME Growth Programme
Twelve years of advisory and training that help Omani SMEs grow.
Imtidad is a joint initiative between the Fund for Development of Youth Projects (Sharakah) and the National Finance Company. It promotes the growth and development of small and medium enterprises in the Sultanate of Oman by providing specialised advisory and training services.
Editions
SMEs supported
2022 / 25Growth Programme
26
2026Fifth edition
12
2027Signed 20 Sep 2026
14
In collaboration with National Finance:
Imtidad SME growth program
The Imtidad program is a joint initiative between Fund For Development of Youth Projects (Sharakah) and the National Finance Company. It aims to promote the growth and development of small and medium enterprises in the Sultanate of Oman by providing specialized advisory and training services.
12 Years
840+
Participants
45
SMEs
Program objectives:
- Empowering small and medium-sized enterprises (SMEs) to achieve sustainable growth.
- Supporting enterpreneurship and enhancing project readiness for financing.
- Improving institutional performance through clear evaluation tools and development plans.
- Improving governance and financial and administrative compliance among participating institutions.
Calculate – it – Right Workshop Program Series
25 workshops targeting entrepreneurs in all governorates of the Sultanate
2017 - 2022
Calculate – it – Right
10 workshops conducted in a combination of physical and virtual workshops
2nd Year 2019 – 2020
5 workshops conducted and 5 SME development programs
3rd Year 2021 – 2022
Imtidad SME Growth Program
26 SMEs
2022 - 2025
Our Program
In collaboration with Mohammed Al Barwani Charity Foundation.
usrati program
6 Months
Support for families and home-based businesses, giving single mothers and family entrepreneurs the tools to build a sustainable income.
Program objectives
- Empower productive families and home-based entrepreneurs toward sustainable income
- Support women and youth within households
- Strengthen financial awareness and operational readiness
- Build entrepreneurial and management capability
- Improve product presentation, branding, and market access
- Move participants toward sustainable, self-run businesses
Family Empowerment
Home-based Businesses
In collaboration with National Bank of Oman (NBO)
NBO SME Growth
12 Months
Empowers Omani entrepreneurs and SMEs through practical business, financial, and operational training to strengthen sustainability, improve decision-making, and enhance financing readiness for long-term growth.
Program objectives
- Theme: Financial and business readiness
- Financial-literacy enhancement
- Simulation-based and applied business exercises
- Practical business-development workshops
- Strategic operational training
- Improved decision-making and long-term growth planning
SME Capacity Building
300 Target participants
In collaboration with Bank Muscat
Bank Muscat
1 Months
Specialized entrepreneurship and SME development programme by Sharakah with Bank Muscat. Empowers Omani entrepreneurs and SME owners through practical training, mentorship, and advisory support to strengthen business sustainability, operational excellence, and long-term growth.
Program objectives
- Equip entrepreneurs and SME owners with practical business and leadership skills
- Build long-term growth capability
- Enhance sustainability and operational excellence
- Provide mentorship and advisory support throughout the programme
SME Capacity
30 SMEs
In collaboration with OQGN
Tasaud 2.0 (OQGN)
6 Months
Empowers Omani SMEs to become capable, compliant, and competitive suppliers in energy and industrial sectors through assessments, workshops, mentorship, and operational development support.
Program objectives
- Enhance SME readiness for energy and industrial sectors
- Clarify vendor requirements, certification standards & HSE expectations
- Improve operational, financial & compliance capabilities
- Strengthen governance, documentation & reporting practices
Vendor Readiness
SME Development
In collaboration with bp
Khazzan Program
4 Years
Helping local suppliers around the Khazzan gas field grow into competitive, self-sustaining businesses that can compete for wider contracts.
Program objectives
- Allows SMEs from various sectors to participate in the program.
- Supports through consultancy services to develop their skills in business analysis
- Guides them to bring improvements in their businesses.
- Year 6 we are going to select 12 projects which will be benefiting from bp Khazzan program this year.
Vendor Readiness
SME Development
In collaboration with Development Bank:
Economic Gardening – Musandam
6 Months
Supports 10 Musandam-based SMEs through specialized advisory, mentorship, and business development support to strengthen competitiveness, sustainability, job creation, and economic diversification.
Program objectives
- Deliver specialized workshops and capacity-building sessions tailored to SMEs across the targeted sectors.
- Provide one-on-one mentorship and advisory support to participating enterprises.
- Support businesses in improving operational efficiency, branding, customer engagement, and market positioning.
- Assist SMEs in identifying business opportunities, partnerships, and growth strategies.
- Develop customized action plans to enhance sustainability and scalability potential.
- Encourage networking and knowledge-sharing among entrepreneurs and sector stakeholders.
Musandam
10 SMEs
In collaboration with Development Bank:
Tanmo
6 Months
is an after-care portfolio management program with 360 assessment with a follow-up meeting post-action plan delivery for DB SME client portfolio.
Program objectives
- Program specially designed for Development Bank SME beneficiaries
- Allows SMEs from various sectors to participate in the program
- Provides support through consultancy and capacity building services
- Provides guidance to attain business improvements
BMPT
10 SMEs
In collaboration with Al Izz Islamic Bank:
Al Izz Islamic Bank
1 Year
Sharakah, in collaboration with Al Izz Islamic Bank, has officially launched an SME growth program supporting 8 selected projects.
Program objectives
- Enables SMEs across diverse sectors to join the program and benefit from targeted growth support, capacity-building sessions, and strategic guidance to enhance their business performance.
- Provides consultancy services to enhance their business analysis skills.
- Assists in implementing improvements within their businesses through guidance and support.
BMPT
8 SMEs
Learn more →
In collaboration with Sohar International
Sohar International
6 Months
Empowers women-led Omani SMEs through advisory, operational, financial, and digital support, strengthening business performance, sustainability, innovation, and opportunities for inclusive long-term growth.
Program objectives
- Strengthen performance and sustainability of women-led SMEs through advisory and operational support
- Build internal capacity in finance, marketing, and risk management
- Support digital transformation to boost efficiency, reach, and innovation
- Introduce innovative practices to enhance existing SME support
- Promote inclusive, sustainable growth by integrating women into Oman’s business landscape
- Create job opportunities for women and youth by supporting scalable businesses
10 SMEs
VC999 Incubator Program
1 - 1.5 years
Empowers early-stage startups, home-based businesses, and high-growth SMEs through tailored mentorship, financial facilitation, and collaborative workspace to accelerate innovation and sustainable growth.
Program objectives
- Business evaluation & capacity building
- Technical and strategic mentorship
- Preferential access to funding post-incubation
- Shared facilities and operational support
- Access to Sharakah’s extensive network
Supports entrepreneurs aligned with
Sustainable Development goal
All Rights Reserved. Muscat, Sultanate of
