عربي

Oasis500 launches second fund

Oasis500 launches second fund
Source: Oasis500

Source: Mena Fn 

Oasis500 has announced the launch of a second fund with support from the King Abdullah Fund for Development (KAFD), the Innovative Start-ups and SMEs Fund (ISSF) and the Arab Bank.

The second Oasis fund aims to drive social and economic change by investing up to $100,000 in effective entrepreneurs to establish startups in technology and creative industries, according to a KAFD statement. 

The investment includes a six-month business acceleration programme, and a programme offering technical supervision and guidance services from 'high-level' mentors, among other services.

The programme will conclude with entrepreneurs showing their projects to investors and partners in order to receive post finance and help their companies grow, the statement said.

Continue reading this story 

Thank you

Please check your email to confirm your subscription.