A technology event in Oman is offering start-ups one million dollars in investments if they are able to convince investors of the viability of their ideas and the growth strategy for their units.
The million dollars will be provided by the Oman Technology Fund (OTF) at the Comex Pitch Battle which will be held from May 23 to 25 at the Oman Exhibition and Convention Centre.
Forty start-ups will be selected by members of the jury to exhibit at Comex, where they will compete with each other.
Ten start-ups will then qualify for the finals, which will be presented to the fund’s investment committee for evaluation and from these one will be selected to receive the investment from OTF.
Startups specialising in different areas within the ICT field are welcome, including those focused on gaming, e-commerce, e-lifestyle, business, entertainment, health and fitness, education, travel, utilities, fintech, biotech and logistics tech are welcome to register for the battle until May 17.