Who are the targeted groups?

  1. Small and Medium ICT Business (entrepreneurs).
  2. Students / Jobseekers Interested to start business (Potential entrepreneurs). The job seekers must have at least 51% from the company’s proportion of shares.

What are the client selection criteria?

  1. Applicant must be an Omani national.
  2. Applicant's age must range between 18 to 60 years.
  3. Project must be in the field of ICT.
  4. Project idea is feasible.
  5. Full-time commitment to manage the overall project.
  6. Sufficient experience to manage the project.
  7. Willingness to accept guidance and advice provided through.
  8. Workshops and act on them.
  9. Able to pay the programme fees and charges.

What is the Selection process?

  1. Enquiry form completed and submitted.
  2. Initial Screening Interview with the incubation team.
  3. Revise Business Plan based on feedback.
  4. Develop a 20 Minute presentation.
  5. Present the business idea to the Selection Panel.
  6. The Selection Panel decision is given within 3 days.

After Joining the Program: ?

  1. Incubation period of 3 years maximum.
  2. Business Reviews every 3 months.
  3. SANAD loan funding is optional and subject to terms and conditions.
  4. Membership Fees apply for incubating companies.
  5. Royalty Agreement based on Gross Turnover.