The Sultanate of Oman is considered a desirable location for entrepreneurial ventures. The ambition to achieve economic diversification has given rise to innovative entrepreneurship. More than one-third of young Omanis now want to start their own businesses.
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Startup Infrastructure Diagram
About the Oman ecosystem
The Omani government has adapted a vision for the growth of the ecosystem. For instance, Wadi Accelerator, a US$15 million seed stage program, was launched at the end of last year.
Access to finance
Capital is increasingly present in the Sultanate. Oman Technology Fund is aiming to turn the country into a preferred destination for both local and international tech startups, offering capital in Pre-Seed Stage, Seed Stage, and VC Funds Stage.