Sharakah and Beehive Partner to Support Small and Medium Enterprises in Oman – A Comprehensive Guide to the Startup World
Small and medium enterprises (SMEs) are the backbone of any economy. They create jobs, drive innovation, and contribute to economic growth. However, starting and running a successful business is not an easy task. It requires a lot of hard work, dedication, and support. This is where Sharakah and Beehive come in.
Sharakah is a leading provider of funding and support services for SMEs in Oman. It was established in 1998 with the aim of promoting entrepreneurship and supporting the growth of SMEs in the country. Over the years, Sharakah has helped hundreds of businesses to start, grow, and succeed.
Beehive, on the other hand, is a peer-to-peer lending platform that connects investors with SMEs looking for funding. It was founded in 2014 in Dubai and has since expanded to other countries in the region, including Oman. Beehive’s platform allows SMEs to access funding quickly and easily, without the need for traditional banks.
Recently, Sharakah and Beehive announced a partnership to support SMEs in Oman. The partnership will provide SMEs with access to funding, mentorship, and other support services. This is great news for entrepreneurs in Oman who are looking to start or grow their businesses.
So, what does this partnership mean for SMEs in Oman? Here’s a comprehensive guide to the startup world in Oman:
Access to Funding
One of the biggest challenges facing SMEs is access to funding. Traditional banks are often reluctant to lend to small businesses, especially those that are just starting out. This is where Beehive comes in. Its platform allows SMEs to access funding from a pool of investors who are looking for opportunities to invest their money.
Through the partnership with Sharakah, SMEs in Oman will have access to Beehive’s platform, which means they can access funding quickly and easily. This will help them to start or grow their businesses without having to worry about the challenges of traditional bank lending.
Mentorship and Support
Starting and running a successful business requires more than just funding. It also requires mentorship and support. This is where Sharakah comes in. Its team of experts provides mentorship and support services to SMEs in Oman.
Through the partnership with Beehive, SMEs in Oman will have access to Sharakah’s mentorship and support services. This will help them to navigate the challenges of starting and running a business, and increase their chances of success.
Networking Opportunities
Networking is an important part of any business. It allows entrepreneurs to connect with other like-minded individuals, share ideas, and learn from each other. This is where Sharakah’s network comes in.
Through the partnership with Beehive, SMEs in Oman will have access to Sharakah’s network of entrepreneurs, investors, and other stakeholders. This will provide them with valuable networking opportunities that can help them to grow their businesses.
Conclusion
The partnership between Sharakah and Beehive is great news for SMEs in Oman. It provides them with access to funding, mentorship, support services, and networking opportunities. This comprehensive guide to the startup world in Oman shows how this partnership can help entrepreneurs to start and grow successful businesses. If you’re an entrepreneur in Oman, this partnership is definitely worth exploring.
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- Source: https://zephyrnet.com/sharakah-and-beehive-to-help-grow-smes-across-oman-my-startup-world-everything-about-the-world-of-startups/