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Oman News

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Oman launches venture capital fund to nurture creative innovators

In its inaugural meeting of 2024, chaired by His Highness Sayyid Bilarab bin Haitham Al Said, Honorary President of the Promising Omani Startups Programme, the Supervisory Committee deliberated on the initiation of a venture capital fund.

TAS News Service

info@thearabianstories.com

Monday, April 1, 2024

MUSCAT : This fund, to be established under the auspices of the Future Fund Oman, aims to foster innovation among aspiring entrepreneurs and startup owners while simultaneously attracting potential investors.

It will nurture creative ideas of Omani innovators and attract investment capital to the Omani startup scene.

The Promising Omani Startups Programme strives to foster a thriving environment for startups in Oman, driving economic diversification and job creation.

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