Investor Selection Criteria
| Sl.No. | Criterion | Points range |
| SECTION A | PRINCIPAL APPLICANT’S PROFILE | |
| 1 | Education:
Bachelors (Minimum requirement) Masters PhD Document required : Relevant certificate |
20
25 30 |
| 2 | Business Experience:
(Specify the role such as founder or shareholder of a company or involvement in a company in any other significant manner)
Document required: Chamber of Commerce registration, Articles of Association and Annual Reports for a company. Documents to prove position in a company for individuals. ALL LEGALIZED (APOSTILLED)
|
0-30 |
| 3 | Professional Work Experience:
Document required: A detailed CV of the principal applicant. Experience certificates and references from previous or current employer. |
0-5 |
| 4 | Gross Income of the principal applicant : during 12 months preceding the application OR any other source of funds
( < OMR 6000 – 0 points; 6000 to 12000- 5 points, 12000 to 25000 – 7 points, >25000 – 10 points)
Documents required: Pay slips, Tax filing documents, Certified Bank balance, Promised Venture Capital assistance, etc. |
0-10 |
| 5 | Experience with/in Oman
Documents required: Reference letters from potential clients, Proof of Education in Oman, Business enquiries from Oman, etc. |
0-10 |
| TOTAL POINTS Max
Minimum required |
85
75 |
|
| SECTION B | BUSINESS PROFILE | |
| 1 | Business Plan in brief:
(Must describe product/service offerings, market analysis and potential, nature of competition, proposed organization structure, financial plan, etc.) |
0-25 |
| 2 | Added Value to OMAN:
(Questions that will be considered: Is the product or service new to the market? Is there a new technology involved? Is the project innovative in nature?)
|
0-20 |
| 3 | Potential for local job creation within 2 years:
1 to 2 jobs – 5 points 3 to 5 jobs – 10 points 6 to 10 jobs – 15 points >10 jobs – 20 points |
0-20 |
| 4 | Likely investment in the first year for the proposed business in Oman
OMR 20000 to 50000 – 10 points OMR >50000 to 100000 – 15 points OMR >100000 – 20 points |
0-20 |
| TOTAL POINTS Max
Minimum required |
85
75 |
Application fees
| Services | Fees |
| Initial Soft Landing Application Fee. (Billed after acceptance into program) |
$250 |
| Six Months Soft Landing Address/Space Fee | $100/month. |