(MENAFN Press) Amman, August 2012 - Oasis500, the MENA region's premier early stage and seed investment company, kickedoff today, 23rd August, 2012, the 14th wave of its Start-Up Boot Camp at the Company's training facility located in the Oasis500 headquarters.
Oasis500 received 350 online applications. Subsequently, 120 applicants were interviewed, out of which 67 start-ups were selected to take part in the 14thOasis500 Boot Camp.
The shortlisted 60 entrepreneurs will present their business ideas, which cover a wide variety of fields including e-commerce, online services, mobile applications and other digital content.
The 14th Boot Camp's training workshops, headed by Dr. Usama Fayyad, Executive Chairman of Oasis500 and former Executive Vice President and Chief Data Officer of Yahoo! Inc., will be delivered by a team of specialized Oasis500 experts and staff.In addition,a group of seasoned entrepreneurs from Jordan and the region will share with the participants their expertise and offer first-hand advice and guidance on succeeding in the business scene.
The Boot Camp's intensive training workshops will cover a variety of fields including marketing and investment techniques, pitching techniques, business model creation, marketing through creative campaigns, market segmentation, attracting investments and how to approach investors.
"We are delighted at the resounding success of our Start-Up Boot Camps and at the impressive number of applications we have been receiving throughout. Over the course of our Boot Camps, we have been continuously impressed at the diverse lineup of promising ideas that are being presented, further cementing Jordan as a hub for entrepreneurship and innovation. At Oasis500, we are committed to supporting entrepreneurs and start-ups by transforming their ideas into fully-operating and profit-generating businesses that positively impact the national economy," commented Dr. Fayyad.
Oasis500 14th training bootcamp wave is sponsored by the US Embassy in Jordan, in cooperation with King Abdullah II Fund for Development (KAFD) and the Jordanian Government.
Oasis500 is the first development and investment company of its kind in the MENA region. It aims to support entrepreneurs by providing them with funding and training in an effort to accelerate the transformation of business ideas into start-up companies in the ICT, digital media, and mobile technologies and content sectors. Oasis500 aims to facilitate the launch of 500 start-up companies within the next five years, which will create an incentive for aspiring entrepreneurs and generate job opportunities within the world's fastest growing sectors. Since commencing its operations in September 2010, Oasis500 has successfully secured investments for 53 technology companies, in addition to a number of other investments that were unmatched by any investment fund in the region.