Best Startup in the Arab World Award
The Best Startup Award in the Arab World represents a standout initiative designed to recognise, support, and celebrate startups. It aims to inspire innovation among the youth and foster an entrepreneurial spirit, all in collaboration with the official authorities in the United Kingdom. Initiated by the Board, this award forms a key component of an annual suite of international accolades, that seeks to motivate entrepreneurs to embrace innovation and cultivate an entrepreneurial mindset. It is a celebration of individuals with inventive ideas and entrepreneurial ventures, acknowledging their accomplishments and supporting their aspirations to evolve into trailblazing projects that enhance the business landscape in the Arab world.
The winning company is chosen from the pool of nominated companies based on precise criteria evaluated by British and international experts. The winning startup will be announced during our annual awards ceremony at the famous Raffles London at The OWO hotel in central London. The ceremony event will also feature a distinguished attendance of senior figures and businessmen from the Arab world and high-level official figures from the British government, in addition to representatives from the most prominent companies in the financial and business community in Britain and the Arab world.
Based on this, the Board decided to launch the Best Startup Company in the Arab World award in recognition of companies that have overcome challenges and failure, transforming into successful models that reflect hard work and dedication to continuous improvement.
Why did the Arab Entrepreneurs Board establish the Best Startup Award?
Nomination Requirements for the Best Startup in the Arab World Award
Nominations for the Best Startup in the Arab World Award are open provided that the following criteria are met:
- Innovation and creativity: The ideas or projects presented by the company must be innovative and stand out with new concepts or inventive applications.
- Sustainability and Impact: The ideas or projects submitted should be capable of achieving a lasting and sustainable positive impact on the Arab business community.
- Success and achievements: The company's past success in implementing previous projects or achieving tangible successes is important and will impact the evaluation of the nomination.
- Leadership: A company must demonstrate its ability to showcase strong leadership and achieve positive transformations and changes in their field.
- Ethical values and community commitment: Commitment to ethical values and social responsibility is an essential part of the evaluation of the nomination.
- Innovation and development: Companies applying for the award must demonstrate their ability to innovate and evolve, to support the growth of the enterprise and contribute to the development of the business community.
- Board Membership: The company must be a member of the Arab Entrepreneurs Board in London.
- Transparency and accuracy: Companies must provide accurate and transparent information regarding their past projects and future plans.
- Impact and Change: It is preferable to present initiatives that contribute to achieving significant positive change in a specific field or Arab society.
- Apply on time: Applying for the award requires adherence to the announced time and fulfillment of all required conditions.
Details of the date of the next ceremony and the distribution of annual funding awards
- Place: Raffles London at The OWO
- Time: To be announced shortly
- Deadline for submitting candidacy applications: Wednesday 28 September 2024
Official sponsorship of the Best Startup Award in the Arab World
Sponsoring the Board’s annual awards for established companies is a unique opportunity for companies and institutions to express their support for the business community and enhance their presence and influence in the region. The formal sponsorship of existing companies provides a range of benefits that can contribute to achieving their strategic objectives. These include:
- The appearance of the name of the company or institution as an official sponsor of the Award in all events and media materials related to the award, which would contribute to strengthening their presence and influence.
- Presenting the Best Corporate Award in the ceremony: This enhances the partnership and communication between the sponsoring company and the award holders.
- The opportunity to advertise the company's products or services via the award, thereby boosting visibility and enhancing brand recognition.
- The opportunity to communicate directly with award-winning pioneers. This would contribute towards building sustainable relationships and exchanging experiences.
- Building a strong network of relationships with major companies in the financial and business community in Britain and the Arab world, thereby opening new doors for cooperation and business expansion.
To explore the opportunity for formal sponsorship of one of the Board's annual awards, please reach out directly to the Board's Media Center. Our team is eager to offer comprehensive details and requirements, as well as guide established companies through the formal sponsorship application process.