Oman: Industrial Innovation Centre supports startup firms in promising industrial sectors such as marble, mining and technologies

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The report of the Industrial Innovation Centre (IIC), established as an outcome of the National Program for Bracing the Economic Diversity (Tanfeedh), showed that the centre has provided 72 investment opportunities at several promising industrial sectors such as fisheries, marble, food and beverages, mining and technologies. The IIC made this achievement by creating and financing economically viable industrial products, as well as qualifying the national cadres who develop such products.

The report demonstrated that the IIC sought to create an appropriate ecosystem for Omani innovators and national cadres through its finance, technical support, guidance and advice. It also indicated that the centre strived to enhance the competitiveness of Omani factories, improve its operational efficiency and qualify human resources who are the main pillar and sustainable component for leading national innovation.

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The report illustrated that the IIC has made significant achievements during the past four years by carrying out 128 technology transfer operations along with the companies benefiting from its services. In addition to providing 56 job opportunities, the centre has contributed to innovating 167 products. Furthermore, 566 young men and women benefited from its services. The ICC has also enabled 64 male and female students to innovate industrially in the food, fisheries, mining and technology sectors.