Be’ah concludes the second edition of its SME Accelerator Program Eco-Innovate Oman (EiO) | Times of Oman

  • Date: 26-Jan-2023
  • Source: Times of Oman
  • Sector:Technology
  • Country:Oman
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Be’ah concludes the second edition of its SME Accelerator Program Eco-Innovate Oman (EiO) | Times of Oman

Muscat - The Oman Environmental Services Holding Company (be’ah) concluded its SME Accelerator, Eco-Innovate Oman (EiO), with a graduation ceremony and pitch event in which several EiO companies pitched for almost OMR 400,000 in growth funding. The event was held on Monday 23rd of January, at the Crowne Plaza Hotel in Qurum, Muscat. The event also included the graduation of be’ah’s second EiO cohort.

The pitch event provided the platform for the EiO small business owners to present their businesses and funding requirements in front of a wide variety of investors. Attending investors included Bank Muscat, Bank Sohar, the Sharakah Fund, and the Oman Development Bank, in addition to be’ah senior management and many other stakeholders. According to one of the SMEs which pitched, Ms. Sumaya Al Rawahi CEO of Green Universe Enterprise, the event was “an amazing opportunity to showcase the success of Omani SMEs like mine which operate in renewable solar energy and drone services. I am confident that we enhanced our market presence and will obtain the growth funding we presented in the pitch event.”

Speaking about the event, Dr. Mohab bin Ali Al-Hinai, VP - Sustainability and Circular Economy at be’ah said: “At be’ah, we view innovation as