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  Oasis500 Overview - The Exchange Dead Sea, June 2013

  Oasis500 Overview - The Exchange Dead Sea, June 2013. The Entrepreneurial and Investments Projects Development Company. @Oasis_500 @amykyleen. 4 th Oasis500 Angel Network. Oasis500 – Current Funding Gaps in the MENA Region. Seed /Early stage Funding. Angel Funding. X. X.

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  Oasis500 Overview - The Exchange Dead Sea, June 2013

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  1.   Oasis500 Overview -The Exchange Dead Sea, June 2013 The Entrepreneurial and Investments Projects Development Company @Oasis_500 @amykyleen 4th Oasis500 Angel Network

  2. Oasis500 – Current Funding Gaps in the MENA Region Seed /Early stage Funding Angel Funding X X VC/Later Stage Funding • No options for funding for Pre-revenue start-ups or seed/early stage funding • The initial personal/family funds raised by entrepreneurs • Many options for growth capital for Post-revenue later stage funding • Venture capital firms, Private equity funds, banks

  3. Oasis500 – The Early Stage Desert Challenge • Entrepreneurs face a harsh DESERT after starting work on an initial idea when it comes to: • Seed and Angel Investment Funding • Help and Know-how • Societal and environmental support • Few ever make it across this desert Many great ideas never get a chance, and others are discouraged from even attempting when they see no survivors…

  4. Oasis500 – Purpose and Goals • Formed under the guidance of His Majesty King Abdullah II with a committee of Leaders in the ICT, Digital Media and Venture capital community in Jordan • Oasis500, is an investment and development company • Acceleration of early stage companies • Focus on ICT, mobile, and digital media • Transforms new business ideas into viable businesses • Oasis Ventures 1 (OV1) has raised JD4.2M ($6M) and will close at JD7.1M ($10M) • we plan to raise a total of $30M Oasis500 aims at training over 4,000 companies & investing in and accelerating 500 companies.

  5. Oasis500 – Addressing the Gaps GAP 1 GAP 2 X X Training Seed Funding Selection Program Oasis500 facilitates follow-on funding for its companies and other early-stage startups by hosting Angel Network Events Many opportunities for growth capital and later-stage fundraising in the region Seed-stage funding is a gap in the ecosystem, now addressed by

  6. Oasis500 - It is Not Just About Funding • Oasis500 not only provides seed capital for companies, it adds unique value by offering entrepreneurs: • Intensive training (boot camp) • 100-day acceleration plan with continuous guidance and follow-up • Valuable mentorship and guidance from industry leaders • Help in raising follow-on capital • Such mentorship has been proven to increase the likelihood of startup success

  7. Oasis500 – What We Do? Oasis500 operates 4 major activities to address the missing gaps in the ecosystem:

  8. Oasis500 – Achievements (Sept 2010 – Present) • Training Boot Camps: • Graduated20 waves of entrepreneurs • Trained over 1020 entrepreneurs • (Target for year 1 and 2, 150 entrepreneurs) • Seed Funding and Acceleration/Incubation: • Invested in and accelerated 59 companies • (Target for years 1 and 2, 32 companies) • Mentor Network: • 250 engaged mentors in the Oasis500 Mentor Network • Average of 4 mentors/company

  9. Oasis500 – Achievements (cont’d) • 10 Angel Network Events held (in Amman, Qatar, Dubai, Beirut) • 39 companies presented in total, 33 of which were Oasis500 startups • 24 Oasis500 companies (40%) attracted nearly $9M follow-on investments, all companies raised $13M • Atvaluations 3x to 10x Oasis500’s initial valuation before 100-day acceleration program • Investment offers range from $100K to $2.5M 4th Oasis500 Angel Network 6

  10. Oasis 500 – Portfolio Companies 51 49 (92%) (Shares sold for cash) (Shares sold for cash) 9

  11. Oasis 500 – Companies’ Statistics 80% Are Targeting mobile Users

  12. Oasis 500 –Gender Strategy Findings Sample size (126 entrepreneurs, 35% women, 65% men) • The ecosystem does not appear to have a bias towards or against female entrepreneurs • The real problem with female entrepreneurship goes back to the problem of women in the workforce in general • Jordan has one of the highest female literacy rates in the region (82%), yet females represent only 11% of the workforce. • The technology sector is one of the only sectors in the economy that supports the involvement of women in the workforce and provides them with high value jobs

  13. Challenges Faced by Women • Limited access to a proper transit system • Long working hours • Culture of women being outside the home • Working with men • Access to proper training and education to match employment opportunities

  14. Solutions Made Possible by Technology • The Internet has transformed women's opportunities • More flexible work options, freelance, home-based work • Ability to work remotely • Being your own boss with low capital needs • Lucrative growth industry • Online resources available for free/low cost

  15. Oasis 500 - Statistics • Out of the 819 trained entrepreneurs (January 2013), 203 are women (25%) • 22/56 companies were founded/co-founded by women (40%) • 250 total mentors, 60 are women (24%) • The number of women employed by Oasis 500 startups since Sept 2010 is 52. • Women led startups at Oasis 500 have managed to attract USD 1million in follow on funding in less than 1 year. • Oasis 500 team, 9/13 are women

  16. Oasis500 – International Recognition Jordan ranked #1 in # of technology deals funded in 2011 in the Middle East Amman is the 10th best place to start a technology company in the world Jordanranked #2 in the Middle East By amount of funds invested References: - Bloomberg.com - Sindibad Business Report from www.wamda.com 4th Oasis500 Angel Network 11

  17. Oasis500 - Board of Directors

  18. Oasis500 – Oasis500 Team Serene Shalan Angel & Mentor Networks Manager Salwa Katkhuda Investments Manager Rana AlShami Exec Assistant/ Training Manager Omar Al Sharif Marketing Manager Usama Fayyad Executive Chairman Monther Jebran Chief Coach/ VP of Finance Asma Saqqaf Training Officer Luma Karadsheh Office Manager Amy Kyleen Lute Corp Dev Officer Nauf Mawla Marketing Officer Lubna Taimeh Trainer 10

  19. Oasis500:A true early-stage seed funding company that will positively change the technology entrepreneurship future of Jordan and the Region

  20. Personal Experiences – CEO of Hijabik.com

  21. Personal Experience – Hijabik.com • Difficulty finding women mentors and role models • Support from other women entrepreneurs • Willingness to ask for help - communication • Storytelling – strong messages and branding • Demanding respect – divide between business and casual • Power – mitigated answers • Aggressiveness - seizing opportunities • Confidence

  22. THANK YOU! Amy Kyleen Lute amy@hijabik.com @amykyleen @Hijabik Oasis500 www.oasis500.com @Oasis_500

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