Deadline: 30 October 2024
Applications are now open for the Future 100, a national initiative launched by the Ministry of Economy in partnership with the Minister of State for Government Development and the Future, listing and accelerating startups and scaleups making a promising contribution to the UAE’s future economic sectors.
Objectives
- Accelerate the growth of promising UAE ‘Future Economy’ SMEs
- Encourage investment in ‘Future Economy’ companies in the UAE
- Strengthen UAE’s position as the start-up and scale-up nation
- Support the continued sustainable growth of the ‘Future Economy’ ecosystem
Benefits
- Recognition – Future 100 Label And High Profile Award Ceremony
- Fast Access – To Investors, Regulators And Business Community
- Support – Funding, Legal, Commercial, And Capacity Building
Eligible Activities
- Publishing an annual list of Future 100 SMEs
- Annual high-profile celebration event for the Future100 SMEs
- Future 100 Label and acceleration support
- Year-long publicity and engagements
Eligibility Criteria
- Company that has headquarters or office and significant operations in the UAE
- SMEs (micro, small or medium enterprise) that have fewer than 250 employees and a turnover of less than AED250 million
- Startup or scaleup maturity of business
- Business relates to one of the future industries or future technologies
Evaluation Criteria
- Creative Capacity
- Future Industry/Disruptive Business Model
- Product/Service Proof of Concept
- Market Potential
- Business Plan Maturity
- Market Ambition and Potential
- Business Model Viability
- Funding Strategy Maturity
- Operational and Institutional Maturity
- Environmental, Social and Corporate Governance (ESG) Impact
- ESG Plan Maturity
- Business Model Impact on ESG Domain
For more information, visit Ministry of Economy.
