OQ Group Launches Second Cohort of Business Accelerator Program

Muscat, 2 Feb 2026 (ONA) — OQ Group launched the second cohort
of its Business Accelerator Program, comprising 22 specialized startups from
within and outside the Sultanate of Oman.

This initiative falls within the framework of the Group’s
efforts to support innovation by connecting startups with operational and
investment opportunities, and empowering them to develop technological, engineering,
and environmental solutions in the fields of energy, sustainability, and
advanced technologies.

The Business Accelerator Program is one of the strategic
programs OQ Group relies on to enhance in-country value (ICV) and support the
transition towards a more diversified and sustainable economy, achieving a
long-term impact on both the energy sector and the national economy.

The participating companies in this cohort will focus on
developing solutions in the fields of artificial intelligence, the smart
economy, energy efficiency improvement, water desalination, corrosion
management, and asset integrity; contributing to raising operational
efficiency, enhancing sustainability, and addressing technical and operational
challenges in the energy sector.

The second cohort witnessed a noticeable growth in the volume of
applications and the level of competitiveness. The program received submissions
from 49 countries. Applications from within the Sultanate of Oman constituted
81% of the total submissions, alongside international participation from the
United Kingdom, Hong Kong, and Taiwan, reflecting the growing awareness of the
program and its enhanced stature as a global catalyst for innovation and
entrepreneurship.

The selection process relied on a precise methodology focusing
on the startups’ readiness, scalability, and the strategic alignment with OQ’s
priorities.

OQ’s Accelerator Program provides an integrated platform for
qualifying and enabling startups through a specialized training curriculum,
technical and commercial mentorship, business development sessions, and
capacity-building workshops.

The program also provides access to sector experts, OQ’s
operational assets, real-world testing environments, as well as supporting
companies in investment readiness, building scalable business models, and
connecting them with networks of investors and strategic partners.

— Ends/AH