We want to develop a sustainable entrepreneurial ecosystem in the region, capable of creating opportunities for entrepreneurs to build their own companies and be their own bosses, and subsequently raise the economy and create job opportunities.
This initiative comes directly from His Majesty King Abdullah II, with hands-on initiative by a group of successful entrepreneurs and investors who act as our Board of Directors.
We invest in ideas and businesses in the Tech & Tech-enabled Industries
Applications now are on rolling-basis, and you can submit your application through the form available on the website' homepage
It all starts with submitting your idea through our online application. Upon review; you’ll receive an update about application status, if it matched our initial interest.
No. If you have researched the potential and feasibility of the idea Oasis500 can help you refine your idea and business model to make it a successful business.
No, everyone is welcomed to apply. The typical age range of founders is 22 - 45 years old. However, we definitely would consider younger and older applicants as well.
The fund is designed to support businesses setup in Jordan and can later on scale abroad.
The idea should first be submitted online whether through our website or by email. Ideas that initially fit with Oasis500 criteria will then be invited to pitch their idea, and receive feedback.
Oasis500 provides a shareholding investment. This means that Oasis500 owns a certain percentage of shares in return for the investment amount.
Companies approved for investment, are awarded with an initial seed investment which is up to $100K in addition to growth support services; depending on their individual status. Consequently, Oasis500 becomes an equity shareholder.
No. experienced entrepreneurs know that there is no guaranteed way to protect an "idea". Oasis500 invests in the team rather than the idea; a team who has the experience and capability of transforming the idea to a real business.
The equity stake depends on each startup's unique case. The percentage will be decided upon sending the investment offer to the founders, depending on the valuation of the startup.
Next to cash investment Oasis provides services that help the founders gain skills to help them develop with a stronger foundation. These services include coaching, mentorships, networking, among others.
No, however Oasis500 can put founders into contact with their network which might help them find partners.
The share is usually taken in the form of an equity; yet, revenue sharing model or a hybrid of both can be considered as well.
We provide the seed funding necessary to get you going. However, we may provide a follow-on fund up to $350K for our portfolio startups and we hold regular Angel Investor Events and venture capitalists.
We are in the business of taking risks and if the founders did everything they could to succeed, then they are not expected to pay back the investment amount.
No, we help you refine your idea, plan and establish your business, then invest in your business. We do this by coaching founders to acquire necessary skills and connect them to our professional network to sustain their businesses.
In return for our financial and non-financial support, an agreed on percentage of ownership is dedicated to Oasis500.