Oman Business: Phaze Ventures, Microsoft enhance ties to support Oman startups – Gulf Digital News

Oman Business: Phaze Ventures, Microsoft enhance ties to support Oman startups – Gulf Digital News

Venture capital firm Phaze Ventures and Microsoft deepened their commitment to supporting Oman’s economic vision on the third day of COMEX 2022 by announcing the expansion of their partnership to empower startups and entrepreneurs in the Sultanate.

The two companies signed a new memorandum of understanding that will see Microsoft support startups and entrepreneurs which the Omani venture capital group identifies to develop the necessary foundational capabilities for their business ventures to scale and grow with Microsoft Cloud.

Under the agreement, Microsoft and Phaze Ventures will work together on a roadmap and go-to-market plan to promote and accelerate the growth of the country’s small business and startup ecosystems by driving bottom-line business value and accelerating innovation.

Additionally, Microsoft will provide guidance to Phaze Ventures-sourced startup leads to register for the Microsoft for Startups program and invite eligible startups to Microsoft’s available skilling workshops.

As part of the collaboration, Phaze Ventures will consider Microsoft Azure as the preferred cloud platform for current and future startups and entrepreneurs with reference to the Microsoft Founders Hub program and continuously sync with Microsoft on upcoming business ventures.

“Like Phaze Ventures, Microsoft understands that the impact of the startup sector on an economy can be astronomical as they significantly contribute