To create and grow young businesses and promote the growth of successful Startups in the logistics sector, ‘Ibhar’, an incubator programme which will help aspiring startups to explore business opportunities in the logistics sector has been launched. The incubator which has been launched by ASYAD, will provide the accepted start-ups and ideas with a comprehensive and integrated range of support.

Ibhar incubator will offer incubator space, business support services and clustering and networking opportunities for startups.  The unit aims to counsel, guide and support startups by providing them with focused support needed to grow their business and sustain the jobs created. It proposes to develop a supportive environment with strong industry linkage and with possibility to capitalize on available business opportunities within ASYAD group in particular and the logistics sector in general.  

The incubator will offer a nurturing environment for the startups to flourish. It will accelerate the successful development of start-ups through an array of business support resources and services. The initiative aims to build a strong SME ecosystem to help accelerate the growth of the logistics sector in the country.

A significant aspect of long-term success of any start-up is the appropriate support and guidance they receive through the early stages of their development. To address this requirement, ASYAD decided to launch this incubator programme. The programme will create a vibrant entrepreneurial scene across Oman and encourage more local start-ups to explore opportunities in the logistic sector and help them sail for their success.

The framework of Ibhar is structured around core components. It aims to utilize a combination of pre-incubation services to create awareness and better business propositions for incubation. It proposes to establish an environment that enables startups to focus on the core value added activities and support them through active incubation services. Ibhar intends to differentiate through specialization on logistics and to be the incubator of choice for start-ups. It plans to provide strong industry linkage for the incubator tenants and work with partners for resources and services to build on the available synergies.

The programme will offer increasing opportunities to entrepreneurs to launch innovative businesses related to logistics sector.