Eligibility Criteria

  • Emirati Nationals
  • Startup or MSME founders
  • Aged between 18 and 40
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Selection Criteria

  • Innovation
  • Scalability & Market Potential
  • Business Model Viability
  • Financial Projections
  • Team Competence
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Prizes

  • Cash Prizes
  • Leading Accelerator program
  • Mentorship
  • Networking Activities
  • Media exposure
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Cash Prizes For Existing Projects

Third Prize
Third Prize

Existing Projects Challenge Tracks

I have a startup
 

Startups under 5 years, focused on tech innovation and rapid growth.

I have a micro, small or medium enterprise

Established MSMEs in diverse sectors, with a focus on sustainable growth.

I have an idea, but I haven't set up a business yet!

Explore the Entrepreneurship Challenge tracks for New Projects

Top Startup Challenge Track

Empowering Emirati startup founders to scale new heights with our Startup Track, where innovation meets commercial success.

  • Participants must be Emirati Nationals.
  • Age range between 18 to 40 years old.
  • Must be a founder or co-founder of a registered startup within the UAE.
  • Must have a valid trade license.
  • Required documents to prepare for your final application submission:
    • A copy of your trade license
    • CVs of founders and leadership team
    • Business Model Canvas
    • Financial Statements (For the last two years or the latest financial year if your business has been operational for less than 2 years)

  1. Innovation : How your business introduces new concepts or changes existing market dynamics.
  2. Scalability & Market Potential: Your potential for growth and ability to expand into new markets or sectors.
  3. Business Model Viability: Your business model is based on sustainability and practicality.
  4. Financial Projections: Your proficiency in financial management, with an emphasis on how additional funding will be used.
  5. Team Competence: Your team’s experience and ability to implement the business plan.

  • Age of Company: Less than 5 years.
  • Focus: Technological innovation or development of new business models.
  • Growth Potential: The goal is rapid expansion.
  • Funding Stage: Startups are companies that have obtained or are seeking investments from venture capital, angel investors, or crowdfunding.
  • Objective: To expand into new markets and quickly build a large user base.

Top Micro, Small or Medium Business Challenge Track

Chart your MSME's future success with our dedicated track designed to propel Emirati businesses toward sustainable growth and market leadership.

  • Participants must be Emirati nationals.
  • Age range between 18 to 40 years old.
  • Must be a founder or co-founder of a registered micro, small, or medium enterprise within the UAE.
  • Must have a valid trade license.
  • Required documents to prepare for your final application submission:
    • A copy of your trade license
    • CVs of founders and leadership team
    • Business Model Canvas
    • Financial Statements (For the last two years or the latest financial year if your business has been operational for less than 2 years)

  1. Innovation : How your business introduces new concepts or changes existing market dynamics.
  2. Scalability & Market Potential: Your potential for growth and ability to expand into new markets or sectors.
  3. Business Model Viability: Your business model is based on sustainability and practicality.
  4. Financial Projections: Your proficiency in financial management, with an emphasis on how additional funding will be used.
  5. Team Competence: Your team’s experience and ability to implement the business plan.

  • Focus: Typically concentrate on fulfilling established market demands, emphasizing steady growth and operational sustainability.
  • Size Criteria:
    1. Micro: 1-10 employees
    2. Small: 11-50 employees
    3. Medium: 51-250 employees

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