Omantel Innovation Labs and inspireU , the startup accelerator arm of stc group have signed a strategic partnership during GITEX GLOBAL, aimed at fostering innovation and accelerating the growth of digital startups across the region.
The partnership underscores the shared commitment of both entities to nurture a thriving innovative ecosystem, empower entrepreneurs, and drive growth through technology and knowledge exchange between the two countries.
Both parties will collaborate to support startups accelerated within their respective programs by providing access to expert mentorship, technical guidance, and market expansion opportunities. The partnership also aims to facilitate smoother entry into regional markets, enabling Omani startups to benefit from inspireU's network in Saudi Arabia and stc group's ecosystem, while offering Saudi startups access to Omantel's innovation ecosystem in Sultanate of Oman.