About otf Techween
Application Description

OTF Techween is a 3-month pre-seed fund program founded by Oman Technology Fund. The Accelerator provides pre-seed funding, a co-working space and a 12-week coaching/mentoring program.

We invest in Pre-Seed startups. We accept one Cohort of 10 Startups. The startups receive a $50K funding in return for 7% equity share. OTF Techween provides an advisory based program, and does not take management participation. 

Benefits to startups:

- Mentorship: mentors, who are experienced startup founders, will be involved to help the startups to develop their strategies.

- Learning Sessions: different sessions on building a lean startup, user acquisition and growth hacking, etc.

- Facilities and Resources: Free use of our co-working space


Eligibility Criteria:

- Startups from the following countries may apply:

Oman, UAE, KSA, Bahrain, Qatar, Kuwait, Yemen, Iraq, Jordan, Palestine, Syria, Lebanon, Egypt, Tunisia, Libya, Morocco, Algeria, Tanzania, Kenya, Ethiopia, Sudan, Iran & Pakistan.

- Stage: Pre-Seed

- Industry: Technology-based startups,  whether digital media, web and mobile platforms, disruptive business models or technology innovation)

- Team: At least 2 team members, where one of the founders has the requisite technical capabilities.

Preferred Development Stages
Prototype testing
Preferred Industries
Preferred Geographical Focus
The deadline for this application has passed. Check your application status, or search for more funding applications.
Difficulty applying? Contact us at info@magnitt.com