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Oman’s Riyada launches 3rd edition of entrepreneurship scheme to boost SME growth

The Small and Medium Enterprises Development Authority (Riyada) launched a two-day workshop titled ‘Integrating Riyada Partners: Updating the entrepreneurship scheme – 3rd edition’.

Oman News Agency

info@thearabianstories.com

Tuesday, April 7, 2026

MUSCAT : The workshop, attended by partners from the public and private sectors, as well as entrepreneurs, aims to enhance integration among various stakeholders in the entrepreneurship sector and developing a uniform system that supports the growth and sustainability of small and medium enterprises (SMEs).



It also aims to raise awareness about the concept of the entrepreneurship scheme and highlight the Sultanate of Oman’s efforts in developing a roadmap for defining the roles of stakeholders and partners concerned.

The workshop will review existing international models for building a standard entrepreneurship scheme, as well as the advantages and challenges of the first and second versions of entrepreneurship launched in 2018 and 2021.

The workshop is a step forward in Riyada’s ongoing efforts to boost partnerships with various stakeholders and develop a more efficient and flexible entrepreneurship system in line with the objectives of Oman Vision 2040 in the field of supporting the national economy and diversifying sources of income.

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