11 October 2007

Would Be Omani Tycoons Meet Up

Would be Omani business tycoons are lining up to do battle for the biggest cash prize fund of any business planning competition in Oman.

Semi-finalists of the TKM – Ernst & Young Big Business Idea Competition will gather on Wednesday at Knowledge Oasis Muscat (KOM) to trial their business plan pitches to this year’s judging panel for advice and feedback ready for the 28 October Final, where judges will ultimately decide who wins the prize of RO6,000 in start-up finance and 12 months rent free office accommodation in The Knowledge Mine business incubator based on KOM.

“We received over 40 applicants to this year’s competition,” commented Mohammed Al Maskari, KOM’s Director General, adding: “developing an SMS search service, online real estate, e-shopping, e-security, software for event organizers, business continuity and disaster recovery and e-travel are among the new ventures short-listed as this year’s semi-finalists. The calibre of entry has been fantastic,” remarked KOM’s Director General

The semi-finalists include: Zaha Al Abri; Ghalib Al Abri; Mohammed Al Kindi; Mundhir Al Alawi; Anwar Al Tobi; Jaifar Al Mamari; Abdullah Al Riyami; Malika Al Amri; Ahmed Al Yahmadi; Rabab Al Zaabi; Saleh Al Shukari; Ibrahim Al Mowali; Ishaq Al Mamari; Almutajaredah Al Manthari; Eiman Al Wohaibi; Khalid bin Mohammed Al Rawahy; Sultan Al Alawi; Khalid bin Saif Al Rowahy; Mohammed Al Humimi; Asma Al Thuhlia; Saif Al Hinai; Majid Al Yaqoubi; Khalid Al Yaqoubi; and Irfan Al Lawati.

The panel of judges will review the semi-finalists and select four to go forward to present at the TKM – Ernst & Young Big Business Idea Gala Dinner on 28 October at the Crowne Plaza Hotel.

“We held Wednesday’s meeting to provide semi-finalists with an opportunity to meet the competition's judges as well as meet their fellow competitors and get some well-earned media exposure to help them turn their dreams into realities," added Ibtisam Al Faruji, KOM’s Head of Marketing.