The map·Oman·Government programmes

Sas for Excellence

MTCIT scale-up initiative launched June 2026, selecting five high-growth Omani tech companies for international expansion — up to OMR 1M ($2.6M) in financing support, wage support for up to 40 Omani employees and preferential treatment in government tenders.

What
Up to OMR 1M ($2.6M) per company, plus wage subsidies.
Who
Omani-majority-owned tech companies, 3+ years old with 15+ Omani staff.
Cost
No equity — non-dilutive
Status
Active

Checked · September 2026 · sas.om/SASEN/Pages/ExcellenceInitiative.aspx · How we check ↗

In detail

Sas for Excellence is a government scale-up programme in Oman. MTCIT scale-up initiative launched June 2026, selecting five high-growth Omani tech companies for international expansion — up to OMR 1M ($2.6M) in financing support, wage support for up to 40 Omani employees and preferential treatment in government tenders. Delivered with the Ministry of Finance, OIA, PDO and Development Bank.

Amount
Up to OMR 1M ($2.6M) per company + wage support
Terms
Non-dilutive
Eligibility
Omani tech companies — ≥51% Omani-owned, 3+ years operating, ≥15 Omani FTEs, revenue CAGR ≥15%
Sectors
IT, AI, FinTech, GreenTech, Cybersecurity, Space Tech, Deep Tech
Benefits
  • Financing access
  • Wage subsidies
  • Tender preferences
  • 7 government partners
Status
Active

What the source says

“Access to liquidity and financing support of up to OMR 1 million per company”

“Omani ownership by the ultimate beneficial owners is no less than 51%”

“CAGR of at least 15% in revenue over the past two years”

“Wage support for up to 40 Omani employees per company”

“© 2026 All Rights Reserved Sas Center”

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

All published deadlines →

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

Riyada — ASMED

Government · Oman
Grants and loans; amount depends on the project.
No equity — grant or loan

All government programmes in Oman →  ·  Across the Gulf →

More programmes that take no equity →

Sources

Primary source · sas.om/SASEN/Pages/ExcellenceInitiative.aspx · Checked September 2026