Oasis 500 is an educational and counselor driven seed investment program set in Jordan. They plan on promoting and breeding new entrepreneurs in the MENA region. Oasis 500’s executive chairman Dr. Ussma Fayyad, who has a very impressive resume (check out his bio on crunchbase, he actually worked for NASA, Microsoft, Yahoo! and was almost the CTO of Google. Impressive is an understatement!) discusses the program with SGN founder, Shervin Pishevar on TechCrunch TV, you can view the interview here.
Its nice to see someone giving back to the MENA region where this is so much talent and resources avaliable. Hopefully this will be the beginning of a good thing that will give businesses and start-ups the confidence and skills required to succeed. So if you have an idea or a plan check out the website, and apply to the program.