GulfBase Live Support
23/06/2016 07:04 AST
Student Companies’ exhibition 2016, which is being organised by Injaz Oman, commenced last week at the Shangri-la Resort and will end this week.
The events on June 23 and 24 will begin at 8:00pm and end at 11:30pm at the Oman Avenues Mall Garden (second floor).
This exhibition aims to encourage students to start their own businesses. Also, it will help them by offering a suitable marketplace for their ideas. Student companies have lots of different creative ideas that make the products and services more unique and increase the opportunities to win in this competition.
Azzan Al Saidi, operation officer at Injaz Oman, said: “There are 62 companies participating from all over Oman this season.”
The difference with this competition is that you get to have real experience. The students should plan every step, including administrative, financial, mission, vision, message and offer product or services in it.
The Al Baleel Company is the first example of such a company as it invented an air conditioner that works with clay pipes and without electricity. It can work with a 12 volt battery and can be charged with electricity or solar energy. Mojahed Al Abri, the chief executive officer (CEO) of this company, who graduated from the Sohar College of Applied Science, said: “The idea has been successful and they plan to improve it in future.” He added that 10 students are members of his company.
Naf Company is an eco promotion youth company, which created a new idea of promotion, especially for the Omani consumer. The members of this company are 16 students from the Sultan Qaboos University (SQU). The company focuses on coffee and tea cups for promotions because most Omanis drink these beverages every day. According to Naseeba Al Rashidi, CEO of this company, “We are the cheapest company to offer this service with good quality.”
Also, these cups are eco friendly because they have soil at the bottom that can be used for planting.
The other example is the Wean Company, which was started by 13 students from the Higher College of Technology. The idea of this project is building a smart pocket, which uses new technology to find something when you lose it. This technology uses SMS to share the location of your pocket when you send the code of it to the system. Aysha Al Azzan, the CEO of Wean Company said: “We faced many difficulties like limited capital and our project needed more money and we could not find an Omani factory that could make this product for us.” In the future, the company wants to develop this product by adding some features, such as lock it where the owner can track his pocket by SMS also.
Ayman Al Kharwsi is another former example of student participation in the competition in 2013. He owns a company called Esterlab Company. He said, “This competition increased my knowledge about planning to start a business and developed my skills, which helped me face challenges, and establish our project.” Also, he encouraged student to participate in the competition so that they can start their own business.
Times of Oman
Ticker | Price | Volume |
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SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
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