EID helps new and startup companies to develop by providing services such as management training or office space.
Entrepreneurship and innovation are one of the components of the Fourth Industrial Revolution (Industry 4.0), and that is why the University pays great attention to entrepreneurship by providing incubators for student projects and supports students to innovate and be creative in projects that will have a significant impact in the future.
The role of the department is to empower students through feasibility studies, innovation in business models, and creativity in economically feasible projects.
Mr. Talib AlBalushi
Head of Entrepreneurship and Innovation Department.
To become a leading partner of the business sectors by transforming students’ innovative ideas into projects or models and fostering a culture of innovative entrepreneurship within the college and community, contributing to Oman’s national development.
To create a generation of students who can develop their innovation and entrepreneurial capabilities by providing guidance and support in developing business plans for projects.
To establish a cooperative relationship between the College and business sectors
with the aim of providing guidance, support and entrepreneurship experience for the students in a real business environment.
To assist the students in the preparation of their business plans and assist interested students in starting their own business ventures by applying the entrepreneurship concept learned in the classroom to real life business environment.
EID Duties / Responsibilities
This workshop covers various topics related to establishing and running a startup business in the community. The workshop includes topics such as building and assessing startup communities, Entrepreneurial mindset development for your startup community, establishing and running business incubator/accelerator programs for your startup community, and teaching your startup community entrepreneurs.
Representative from Injaz and Sharkah and other partners shall provide academic interaction with the students on topics relevant to current industry.
A step-by-step plan of action for profitably operating the business in a specific marketplace statement of what a company offers in the form of goods or services that is of value to potential customers or clients, ideally in a way that differentiates the company from its competitors. The projected startup costs and sources of financing, the target customer base for the business, marketing strategy, competition, and projections of revenues and expenses are included.
Comprises of investing clubs along with individual investors from college that provides education on a variety of topics from investing basics, mutual funds, stocks and personal finance. It also strongly emphasizes learning through a group by helping develop investing clubs and facilitating group discussions online.
the applicability of the project in the local Omani Market.
Terms of Reference: