Annual Funding Awards
£1 million annually in prize funding offered by the Arab Entrepreneurs Council in London
These funding prizes will be distributed every six months, At the rate of twice a year as follows:
Best Project Idea
As part of its endeavor to encourage the young generation to innovate and spread the culture of entrepreneurship, The Council of Arab Entrepreneurs in London organizes the annual Funding Awards, Which aims to celebrate the owners of creative ideas and entrepreneurial projects, Praise for their achievements, And support their ambitions to launch future entrepreneurial projects that contribute to raising the level of business in the Arab world.
The annual Finance Awards is an important event and a unique opportunity for young creative Arabs to network with international investors, experts and British government officials. And get the support they need to launch their successful projects, In addition to supporting and motivating creative Arab entrepreneurs and providing them with the necessary financial resources to turn their ideas into reality
These awards aim to achieve a set of objectives, The main ones are:
These funding awards are presented by the CEO of the Council in the presence of a group of dignitaries and businessmen in the Arab world and the United Kingdom, in addition to honorary members and ambassadors of the Council in the Arab countries. The ceremony will be attended by many Arab ambassadors, members of the diplomatic corps, high-level officials from the British government and representatives of major companies from the business community in Britain and the Arab world.
Conditions for nomination for the annual funding awards from the Arab Entrepreneurs Council
The conditions for nomination for the annual funding awards are as follows:
The annual Finance Awards look for creative ideas capable of developing and applying in the business world, The idea must be fresh and innovative, and to meet a real need in the market, The idea must also be applicable, The owner must have a clear action plan on how to implement it.
The annual Funding Awards seek to support ideas that add real value to the world of entrepreneurship, Therefore, the idea must be able to make a positive impact on society, Whether by creating new job opportunities, or product development, or new services, Or solve a societal problem.
The annual Funding Awards allow both startups and established companies to nominate, Startups must provide full details of the idea of the creative work project to be implemented, Including management team, financial and marketing plans, As for existing companies, They must provide details on how potential funding will be used to expand their business or develop their products and services.
How to apply for one of the annual funding awards:
Please enter the required data accurately and you will be contacted by one of the advisors to confirm the candidacy application
Details of the date of the next ceremony and the distribution of annual funding awards
The deadline for submitting an application is Wednesday, February 28, 2024.
After submitting the candidacy application and officially accepting it by the Council, You will be contacted by the committee concerned with evaluating candidates and studying their files to request additional details, including official documents or any other matters related to your applications.
Winners of the annual funding prizes will be notified two months before the official ceremony.
The funding prize will be an official cheque presented by the Arab Entrepreneurs Council in London.
After receiving the funding prize with the official cheque, Winners will have to give a short speech
There will be full support for the winners of the funding awards by the Council’s management as well as all Board members and Council partners in the UK and the Arab world.
The Board will have 10% of the shares of any project that wins one of the funding awards.
The Arab Entrepreneurs Council in London covers travel expenses to the UK and accommodation in London for the winners of the annual funding awards, including sending the official invitation to facilitate the procedures for obtaining a British visa.
Moving the ceremony
The funding awards ceremony will be broadcast live on the Council’s TV channel. The ceremony will include commercial advertising segments for the members of the Council.
Call for candidacy
The Council of Arab Entrepreneurs in London invites all Arab entrepreneurs in the United Kingdom and the Arab world to apply for the annual Finance Awards and seize this exceptional opportunity unprecedented in the Arab world of finance and business. Today, the dreams of entrepreneurs have come true with the vision of the Council and its continuous renewed support.