Oasis 500
Oasis 500 invests in startups and provides their founders with necessary tools for growth and development. It focuses on raising the readiness of young people to attract subsequent investments.
Oasis 500 offers a practical business acceleration program for six months that caters to the specific and diverse needs of startups
Company's Goals
- Support entrepreneurs through investing in startups to allow them to expand into other countries so they could become successful companies of great influence in the region and the world. That will eventually contribute to creating job opportunities.
- Raise the efficiency of entrepreneurs to attract foreign investments.
Provided services
- Initial investment: Oasis 500 invests an amount of money in exchange for equity in startups. The investment ranges between $30,000 to $100,000 in the form of financial investment and in-kind services provided during the business acceleration period.
- Business acceleration: an exclusive program for startups in which Oasis 500 has invested. This program starts as of the date of initial investment for a period of six months to meet the specific and varied needs of startups.
Oasis 500 has achieved the following milestones since its inception:
- Establishment and Management of Investment Funds: Oasis 500 has established and managed three investment funds with a total valuation of $300 million, allocating $11.9 million to investments in startups, the total value of which amounts to $436 million approximately.
- Investment in Tech, Creative Startups: The company has invested in 190 local startups within the technology and creative industries sectors.
- Training of Entrepreneurs:Oasis 500 has trained over 2,500 entrepreneurs, selected from 19,000 applicants across Jordan.
- Facilitating Foreign Investments: The organization has assisted startups in attracting investments from the region and the rest of the world, achieving a ratio of $8 in foreign investments for every $1 invested locally.
- Equity Exits:Oasis 500 has successfully exited from its investments in 8 companies that attracted new investors, after their business models and growth potential were proven.
- Facilitating Job Creation: Investments by Oasis 500 in startups have led to the creation of over 1,200 direct jobs and more than 5,700 indirect jobs.
- Strategic Partnerships: The company has entered agreements and strategic partnerships with several international organizations and official entities across the world, including the European Bank for Reconstruction and Development (EBRD), the European Union (EU), the United States Agency for International Development (USAID), and UNICEF.