How does it work
Our purpose is to identify, equip, & support the highest potential innovators to thrive in the UAE
Bringing global innovations to the UAE
We want to attract high potential innovators from around the world and provide them with the services they need to hit the ground running and succeed in the UAE
Injecting innovation into the DNA of the UAE
In order to make a lasting impression in the UAE, we believe that it's critical for innovation to become a part of the fabric of the country, its youth and its residents
Helping local innovations grow at home and around the world
We want to help local innovations succeed and reach their growth ambitions both in the UAE and internationally by providing them with the right services to do so
We will do this by providing successful applicants with services that align directly to their biggest challenges
Articulating strategic direction
Aligning on your
purpose & goals
Defining business model
Aligning on what you offer and
how you'll grow revenue
Access to markets & clients
Creating connections and opportunities
to win in the market
Support with funding & finance
Helping you access
the capital you need to succeed
Access to people & talent
Aligning on your
organizational agenda
Who Can Apply
You can apply from anywhere in the world, if you meet our criteria:
UAE Presence
Your company is UAE based or you are looking to set up your business here in the near future
Key sectors
Your business falls under the UAE National Innovation Strategy priority sectors
Post Ideation phase
Your novel technique, product, process or service is in post ideation phase of development
Market potential
Your business has an adequate level of transferability and market potential.
Level of Risk
Your business carries a reasonable level of commercial risk for the MBRIF Innovation Accelerator
Eligibility
Each application is assessed against our eligibility and selection criteria
Innovation
Propensity of applicants to demonstrate new, or refined thinking through a unique post ideation product or service
Leadership
Propensity of applicants to show sector leadership underpinned by strong business leadership with ambitions for growth
Market
Propensity of applicants to demonstrate alignment to the UAE vision and support of growth, diversification, and excellence
Impact
Propensity of applicant to demonstrate their innovation’s potential social impact on the UAE nationalization and talent agenda
Application Process
Applicants go through a 3 step selection process via the mbrif.ae website
Check Eligibility
-
- Process
- 15 online questions
- Clarifications (if required by the accelerator)
- Estimated time spent by the applicant
- 15 min
- Stage duration
- 4 weeks
Qualification
-
- Process
- 20 questions (closed and open text)
- Clarifications (if required by the accelerator)
- 1 short pitch video (smartphone quality will do)
- Additional attachments (e.g. sales pitch)
- Estimated time spent by the applicant
- 1 hour
- Stage duration
- 4 weeks
Evaluation
-
- Process
- 15 open text Questions
- Clarifications (if required by the accelerator)
- 1 interview
- Estimated time spent by the applicant
- 2-3 hours
- Stage duration
- 5 weeks
What to Expect
Upon selection, companies are onboarded and receive a customized plan of services
1.
Discover the MBRIF Innovation Accelerator
2.
Submit your application online
3.
Secure your place in the annual cohort
4.
On-board and develop an action plan
5.
Receive services as per your action plan
6.
Assess your experience with MBRIF
7.
Conclude and transition onwards
Why MBRIF
The MBRIF Innovation Accelerator is a unique proposition
Not-for-profit-platform:
- No equity stake
- No success fee
- No membership fee
Focus on practical support:
- Broad range of services
- Driven by outcomes
- Focus on tangible benefits
Services are member led
- Run by professional advisors
- Coached and mentored to success
- Bulids capabilities in the process
