VC999 Incubator Program
VC999 is Sharakah’s flagship incubator program designed to support early-stage startups, home-based businesses, and SMEs with high-growth potential. Named to reflect both venture capital (VC) and the urgency of support (999), the program offers tailored mentorship, financial facilitation, and a collaborative workspace — all aimed at accelerating innovation and long-term success.
Incubation Period
1 - 1.5 years
Supports entrepreneurs aligned with
Program details:
- With a focus on sustainable growth, VC999 provides:
- 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
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 National Finance
Imtidad SME growth program
7 Years
Imtidad is a joint initiative by Sharakah and National Finance Company, supporting Omani SMEs through specialized advisory and training services for sustainable growth and development.
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.
840+ Participants
45 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
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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
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
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