The Business Riyada
Supporting and developing small and medium enterprises through innovative programs and comprehensive solutions, including financial support, technical consultations, training programs, market research, e-commerce enablement, exhibition opportunities, and specialized craft industry development. Our integrated approach helps SMEs thrive locally and expand globally.
Explore Our ServicesWhat is Riyada?
The Public Authority for Small and Medium Enterprises Development (Riyada) provides a supportive regulatory environment for the growth and development of SMEs and craft industries in Oman. Through innovative programs and mechanisms, Riyada facilitate support and empowerment, working to market and promote these enterprises while ensuring their reach to regional and global horizons.
Riyada Foundation empowers SMEs through various technical, training, consulting, and financial services aimed at enhancing their competitive capability and enabling efficient management for sustainability in both local and global markets.
Financial Support Programs
Comprehensive financing solutions to establish and expand your business locally and internationally
Local Value Added Program
Supporting projects that contribute to local economic value and development
- Competitive financing rates
- Flexible repayment terms
- Technical support included
Industrial & Service Projects
Specialized funding for industrial and service sector enterprises
- Equipment financing
- Infrastructure support
- Operational funding
Working Capital Finance
Short-term funding to support daily operations and growth
- Quick disbursement
- Revolving credit facility
- Flexible utilization
Craft Industry Support
Comprehensive support for traditional crafts and home-based productive activities
Equipment Support
Provision of essential tools and equipment for craft production
Raw Materials
Access to quality raw materials for craft production
Training Programs
Specialized training in traditional and modern craft techniques
Marketing Support
Exhibition opportunities and marketing assistance
Business Incubation
Comprehensive support environment for startups and innovative projects
Mentorship & Guidance
Access to experienced mentors and industry experts for business guidance and support
Workspace & Facilities
Modern workspace with essential business facilities and infrastructure
Networking Opportunities
Connect with other entrepreneurs, investors, and industry leaders
Incubation Process
Application & Selection
Submit your business proposal and go through our selection process
Onboarding & Planning
Develop detailed business and action plans with our mentors
Implementation & Growth
Execute your plans with continuous support and monitoring
Graduation & Scale-up
Successfully launch your business and prepare for market expansion
Training & Development Programs
Comprehensive training programs designed to enhance business skills and entrepreneurial capabilities
Business Management Skills
Essential management skills for running successful enterprises
- Strategic Planning
- Financial Management
- Operations Management
Technical Skills Development
Specialized technical training for various industries
- Industry-Specific Skills
- Digital Technologies
- Quality Management
Leadership Development
Advanced leadership and management training programs
- Strategic Leadership
- Team Management
- Crisis Management
Riyada Business Card
Exclusive benefits and privileges for registered entrepreneurs
Eligibility Criteria
- Omani-owned enterprises with full-time management
- GCC partnerships with minimum 30% Omani ownership
- Technology-based startups with Omani ownership
Card Benefits
- Access to training and development programs
- Financial and technical consultations
- Exhibition participation opportunities
How to Apply
Register your business with Riyada
Submit required documentation
Complete verification process
Land Rights Program
Supporting SMEs with land allocation rights for business development
Eligibility Requirements
- 100% Omani-owned enterprise
- Headquarters in Oman
- Full-time management commitment
- Registered with Riyada
Program Benefits
Land Allocation
Access to strategically located land plots for business development
Long-term Rights
Secure long-term land usage rights for sustainable business growth
Infrastructure Support
Access to essential utilities and infrastructure facilities
Franchise Support Program
Supporting SMEs in developing and expanding through franchise opportunities
Trademark Registration
Support in registering and protecting your business trademark
- Legal documentation
- Brand protection
- International registration
Franchise Development
Comprehensive support in developing your franchise model
- Business model optimization
- Operations manual
- Training programs
Franchise Network
Access to franchise opportunities and networking
- Franchise exhibitions
- Networking events
- Business matching