- What
- Grants and loans; amount depends on the project.
- Who
- Omani SMEs and entrepreneurs.
- Cost
- No equity — grant or loan
- From abroad
- Nationals or residents of Oman — Omani citizen; SME owner registered with the Authority All programmes open to founders from abroad →
- Status
- Active
Checked · September 2026 · sme.gov.om/en · How we check ↗
In detail
Riyada — ASMED is an SME authority in Oman. Oman Authority for SME Development (Small and Medium Enterprises Development Authority). Financial support, training, and taseed programme.
- Amount
- Grants + loans — project dependent
- Terms
- No equity
- Eligibility
- Omani SMEs and entrepreneurs
- Sectors
- All sectors
- Benefits
- Financial support
- Training
- taseed programme
- Status
- Active
What the source says
“The applicant must be an Omani citizen.”
sme.gov.om/en/servicedetails/?ID=4 · seen September 2026
Closing soon on the map
Cultural Development Fund (CDF)
Grant · Saudi Arabia
Up to SAR 500,000 non-repayable per project, capped at 20 projects total.
No equity — grant
29 Sep 2026closes
Finspire
Accelerator · Saudi Arabia
SAR 100,000 development funding, earmarked rather than paid as cash.
Equity via SAFE, capped at 5%
4 Oct 2026closes
QSTP Incubation
Accelerator · Qatar
In-kind support: Doha workspace and housing for a four-week Sprint, talent and investor access.
Equity — 1.5% deferred SAFE-style stake
1 Nov 2026closes
More government programmes in Oman
Central Bank of Oman — FinTech
Government · Oman
Regulatory permission to test products live; no funding provided.
No equity — service or permission
—
Duqm Free Zone
Government · Oman
Free zone incentives plus a 30-year tax holiday.
No equity — service or permission
—
Future Fund Oman
Government · Oman
VC OMR 4K–100K (ideation to seed); SME equity OMR 250K–5M; SME debt OMR 100K–500K; projects to OMR 100M.
Equity or debt — up to 40% stake on project track
—
Knowledge Oasis Muscat
Government · Oman
Free zone benefits and tax exemptions.
No equity — service or permission
—
More programmes that take no equity →
Sources
Primary source · sme.gov.om/en · LinkedIn · linkedin.com/company/riyadaom-authority-for-sme-de · Checked September 2026