Sas for Excellence: Oman's RO 1M Boost for Local Tech Firms
On 2 June 2026, MTCIT launched Sas for Excellence, offering qualifying Omani tech companies up to RO 1 million in financing, wage subsidies for 40 staff, and priority access to government contracts, with a focus on AI and cybersecurity.
On 2 June 2026, Oman's Ministry of Transport, Communications and Information Technology (MTCIT) launched its most comprehensive support package yet for locally owned technology companies. The Sas for Excellence initiative combines direct financing, wage subsidies, and procurement advantages in a single programme, targeting Omani firms working in AI, cybersecurity, and emerging technologies.
🔑 Key Takeaways
- Up to RO 1 million in direct financing per qualifying company
- Wage subsidies covering up to 40 Omani employees per firm
- Priority access to government and SOE tenders
- Strict eligibility: 100% Omani ownership, 3+ years operating, 15%+ CAGR required
- Four priority sectors: AI, cybersecurity, electronic systems, emerging tech
- Backed by six government bodies including OIA and PDO
- Part of Oman's push to grow the digital economy to 10% of GDP by 2040
🏗️ What Is the SAS Programme?
The SAS Centre has been MTCIT's primary vehicle for building Oman's technology company ecosystem since 2013. Based at Innovation Park Muscat, it operates several sub-programmes for tech companies at different growth stages, according to the MTCIT SAS platform.
Its growth sub-programme Numo has already engaged 152 tech and startup companies across its first two editions, delivering over 230 consulting hours and 16 specialised workshops, according to MTCIT. The third edition, launched in April 2026, added 66 more companies to the programme.
Sas for Excellence sits a tier above. Where Numo focuses on consulting and capacity-building, this new initiative provides hard financing and structural business advantages to Oman's most capable and fastest-growing tech firms.
💰 What Sas for Excellence Offers
According to Times of Oman, selected companies receive a four-part support package:
| Benefit | Details |
|---|---|
| Financing Support | Up to RO 1 million per company in direct cash liquidity |
| Wage Subsidies | Covers salary costs for up to 40 Omani employees per company |
| Procurement Advantages | Priority consideration in government and SOE tenders and contracts |
| Market Expansion | Technical development tools and regional market expansion programmes |
The combination matters. Wage subsidies directly reduce the largest operational cost for a scaling tech firm. The RO 1 million financing provides working capital to build products and pursue international customers. And priority procurement access means qualifying companies can secure multi-year government contracts that generate the stable revenue needed to invest in R&D.
"This enhances digital sovereignty, supports local digital self-sufficiency and helps startups and technology companies expand regionally and globally."
- H.E. Dr Ali bin Amer Al Shidhani, Minister of Transport, Communications and Information Technology
✅ Who Can Apply?
The initiative sets a deliberately high bar. As The Arabian Stories reported, eligible companies must meet all of the following criteria:
- 100% Omani ownership: no foreign shareholders
- Minimum 3 years operating in the technology sector
- At least 50% Omanisation with a minimum of 15 Omani employees on payroll
- Locally developed and owned technology product or service (not a reseller)
- A clear foreign market expansion plan
- Minimum 15% compound annual revenue growth over the past two years
The 15% CAGR threshold is the sharpest filter. It concentrates public resources on companies that have already demonstrated market traction. A firm posting 15% compound revenue growth for two consecutive years is winning customers and deploying a product people pay for. That is exactly the stage where additional capital and market access can have multiplied impact.
🤖 Priority Technology Sectors
According to TechAfrica News, the initiative gives priority to four areas:
- Artificial intelligence: products, platforms, and AI-driven solutions
- Cybersecurity: tools, services, and managed security products
- Electronic systems development and design: hardware and embedded systems
- Emerging technologies: blockchain, IoT, and related fields
MTCIT has already invested over RO 79 million in AI across the digital economy, producing approximately 22 specialised AI companies in the Sultanate, according to an MTCIT infrastructure report. Sas for Excellence could meaningfully accelerate that count by giving the most capable AI firms the capital to scale. The initiative also complements the AI Special Economic Zone established under Royal Decree No. 50/2026 earlier this year. Our earlier coverage of Oman's new AI Special Zone has the full breakdown on the zone's regulatory framework and investor incentives.
🤝 Six Partners, One Goal
The depth of institutional coordination behind Sas for Excellence is unusual for a technology support programme. As Muscat Daily reported, six organisations co-implement the initiative:
- Ministry of Finance: co-funding and fiscal mechanisms
- Ministry of Labour: wage subsidy administration and Omanisation compliance tracking
- Oman Investment Authority (OIA): financing access and investment coordination
- Authority for Projects, Tenders and Local Content: procurement preference implementation
- Petroleum Development Oman (PDO): enterprise customer access for qualifying firms
- Development Bank: concessional financing and cash liquidity facilities
PDO's participation deserves particular attention. As Oman's dominant energy operator and one of the country's largest technology buyers, PDO can open doors to enterprise contracts that dwarf what any startup could win independently. Including it as an implementation partner turns Sas for Excellence into something rarer than a grant: a structured pathway from early-stage tech company to enterprise supplier.
🇴🇲 From Roadmap to Mechanism
Oman's 2026-2030 Digital Economy Roadmap targets growing the digital sector's contribution to GDP from roughly 2% today to 10% by 2040. That goal requires more than policy declarations. It requires viable, scalable Omani tech companies generating real revenue and, eventually, export earnings.
Oman has historically had a strong base of micro and small tech firms. The missing tier has been mid-market companies capable of competing regionally. Sas for Excellence is designed to close that gap, targeting companies already growing at 15%+ CAGR and pairing them with the financing and market access to accelerate further.
The question of whether Vision 2040's ambitions are translating into concrete mechanisms has been examined closely at omanvision2040.com in their piece on whether Vision 2040's regional promise is moving beyond announcements. Sas for Excellence is one of the clearest examples yet that implementation is catching up with intent.
🔍 Why This Matters for Oman
Three things distinguish Sas for Excellence from previous MTCIT support efforts:
- It combines supply and demand. Most support programmes offer either funding or market access. This initiative provides both simultaneously, considerably de-risking the growth path for qualifying companies.
- It sets a performance threshold. The 15% CAGR eligibility filter directs public resources to firms that have demonstrated market fit, not just good intentions.
- It targets export potential. The foreign market expansion plan requirement signals that Oman is trying to build regionally competitive tech firms that generate export revenues, not just domestic service providers.
For Omani entrepreneurs already running a qualifying tech company, the message is direct: if you have built something real, Oman's government is ready to back you with serious resources. Application details and eligibility information are available through MTCIT's SAS platform.