Oasis500 observations and lessons

Oasis500 observations and lessons

Main objectives

• To fund and
•  accelerate 500 companies in
•  5years and
•  boost the valuation and
•  revenues of companies

Tools and mechanisms to achieve the objectives

•  Utilizing the expats and local experience in running the project, mentoring, investments and services offerings
•  Enroll applicants in a Boot camp
•  Provide services like training and mentoring
•  Provide a networking platform for entrepreneurs (with business people, policy makers, investors, serial entrepreneurs)
•  Linkage with angel investors
•  Injections of 10k JOD as a seed fund investment for the successful teams (in exchange for 10% ownership of the firm)

Boot camp for entrepreneurs

•  Is the first activity when they join the program
•  Is a training and selection process
•  Engagement in 100 days of acceleration program
•  Involvement with mentors and experts to provide guidance

  Objective to:

• file Ideas
• select the people behind the ideas
• select committed people to their business
• help in testing the ideas and if they fail to fail fast and start over with a new idea
• help in making quick decision when to pump capital in promising ideas

Note: this article has been written based on personal opinion and observations of Oasis500 activities.


For more information about Oasis500 check the website at www.oasis500.com