Best Startup Project

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Award is dedicated for selecting the best small emerging investment project or a medium-sized that includes elements of innovation, adding to the economy, society, and the activity that performs the valuable initiatives. The project submitted to the award should be unenforceable and care-related aspects to the project’s idea itself and expected impact of it upon execution.



Award Conditions

  1. Candidate should be 18 years of age or older.
  2. The idea of the project should be creative and innovative and reflects the real initiative in the field of small and medium-sized enterprises.
  3. One year at least must be passed since the start of the idea implementing and not more than two years.
  4. Capital investment should not be less than $15,000 and not more than $3 Million.

Required Documents

  1. Financial statement.
  2. Feasibility / Action Plan study.
  3. Document proofs ownership of the project.

General Conditions

  1. The nominee should be alive at the time of nomination.
  2. The nominee should comply with the Award conditions, and adhere to them.
  3. The nominee should complete the electronic participation form.
  4. The nominee should adhere to the schedule approved by the Award Secretariat.
  5. The nominee should provide the required information and facilitate the mission of the assessors during the personal interview.
  6. The nominee’s project should match the Award objectives, targets, programs, and instructions.
  7. The nominee should complete the nomination application clearly and submit it before the application deadline.
  8. The nominee should present all nomination documentation, including the form and the required attachments, in both Arabic and English.
  9. The nominee should adhere to the special conditions of the Award categories.
  10. The nominee should be aware that immoral projects will not be accepted.

General Terms

  1. Applications are accepted from a person himself, any concerned organizations, fund establishments, or entrepreneur mentors, according to the requirements and nature of each category of the Award categories.
  2. Award General Secretariat shall notify the applicant or provide him with any information through e-mail, telephone or any other means of communication given by the applicant; this shall be considered an official notification.
  3. Award winners shall not have the right to announce that they have won before the official announcement of the Award results.
  4. Applications other than the subjects defined by the Award, or that do not serve its objectives, shall not be considered.
  5. Any application missing the required attachments shall not be considered.
  6. The Award shall not be granted more than once to an applicant within (3) years.
  7. An applicant cannot participate in more than one Award category in the same cycle.
  8. No application or additions will be accepted once the nomination period is closed, All nomination applications received after the end-date will be rejected, and the participation thereof will be cancelled.
  9. Any of the Award categories can be blocked if there are no deserving applicants.
  10. The Award can add new areas or new categories to its scope.
  11. No objections to the decisions made by the Award Committee of Referees shall be entertained I read the agreement and I agree.