Profile
OTF Techween is a pre-seed fund program established by the Oman Technology Fund. It aims to support entrepreneurial teams in transforming their ideas into viable startups. The program is designed to foster innovation in Oman and create a hub for national and international tech entrepreneurs.
OTF Techween invests in technology-based companies across various sectors, including digital media, web and mobile platforms, and disruptive business models. The program offers pre-seed funding of $50K in exchange for a 7% equity share, focusing on early-stage startups with at least two team members, one of whom must have technical expertise. The fund operates in Oman and other countries in the region, including the UAE, KSA, and several others.
Notable investments include companies that have participated in their cohorts, such as various tech startups that have gone through their mentoring and funding process. OTF Techween provides a comprehensive support system, including co-working spaces, mentorship, and resources to help startups succeed in their ventures.
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