Championing Green Finance: The Omani SME Accelerator
Company
Category
Apr 26, 2024
Project Overview
At LMS, we believe sustainability isn’t just a buzzword—it’s a practical pathway to creating long-term value for both businesses and the environment. That’s why we introduced the Green Finance Accelerator, specifically designed to empower Omani SMEs looking to make a positive environmental impact.
What We Did
Launched a Dedicated Fund: We set aside OMR 1.5 million in low-interest loans exclusively for SMEs focused on clean energy, sustainable agriculture, and eco-friendly product design.
Hands-On Advisory: Our team organized regular sustainability workshops and one-on-one mentoring sessions to help entrepreneurs refine their business models, measure their carbon footprint, and integrate eco-conscious practices from day one.
Collaboration with Local Agencies: We partnered with regional development agencies to ensure every investment aligned with national sustainability goals, making it easier for SMEs to receive government support and permits.
Why It Matters
Many founders in Oman have big visions for a more sustainable future but often lack the resources or expertise to bring those ideas to life. With the Green Finance Accelerator, we’re removing those barriers—offering both capital and strategic guidance. This dual approach not only makes their ventures more viable but also amplifies their environmental and social impact.
Results & Insights
Job Creation: Over 80 new jobs have been created across multiple green tech and agri-tech startups, all contributing to the local economy.
Measurable Eco-Benefits: Early estimates suggest these businesses have collectively reduced carbon emissions by 12% compared to traditional counterparts.
Investor Appeal: Several SMEs have caught the eye of international investors, proving that sustainability can attract serious funding on a global scale.