The Ministry of Higher Education, Research and Innovation and the Public Establishment for Industrial Estates “Madayn”, represented by the Industrial Innovation Academy, signed a cooperation programme to incubate top student graduation projects and transform those projects to startups.
The agreement was inked by Dr. Saif Abdullah Al Hadabi, Undersecretary for Research and Innovation and Dr. Aymen Abdullah Al Fudhaili, CEO of the Industrial Innovation Academy.
The agreement covers managing and conducting research and projects in accordance with the agreed upon action plan, in addition to supervising and evaluating winning projects. The incubation period extends from one year to three years.
Source: Oman News Agency