Oasis500 starts receiving applications for investment, business acceleration

AMMAN — Oasis500, a pre-seed and seed fund manager and accelerator within the MENA region, on Wednesday said it has started receiving requests for investment and business acceleration in Oasis500 II Fund, for 2022. 

The fund, supported by the King Abdullah II Fund for Development (KAFD), the Innovative Startups and SMEs Fund (ISSF) and the Arab Bank, was launched in 2019, the Jordan News Agency, Petra, reported. 

The company’s CEO Lama Fawaz said that the company will continue to receive requests until March 1. 

Oasis500 appeared to become “an oasis of support” needed for entrepreneurs to launch their startups. Today its investment portfolio of startups includes some of the most successful MENA companies and founders, according to its website.