About MBRIF Guarantee Scheme
Application Description

As an innovator on your journey to grow your business, you may face difficulties with obtaining the funds you need during the growth phases. The Guarantee Scheme, a federal-government backed program sponsored by the Ministry of Finance, is about bridging that financial gap without diluting your equity. What differentiates the Guarantee Scheme from other options in the market, is that it provides financial support through a government-backed guarantee, without taking equity, so that you can grow, commercialize and monetize your businesses faster.

Eligibility Criteria:

- Sectors - Innovators from all sectors with a focus on the UAE Innovation Strategy priority sectors.

 - UAE Presence - UAE based companies or companies that are looking to build a presence in the UAE.

- Post Ideation Phase - Novel techniques, products, or services in a post ideation phase of development.

- Market Potential - Innovations with an adequate level of transferability and market potential. - Sustainability - Individuals or companies with a strong and sustainable business plan.

- Level of risk - Individuals or companies which carry a reasonable level of commercial risk for the MBRIF.

 - Access to funds - Applicants that are unable to access affordable funding or other alternatives.

Preferred Development Stages
Growth
Maturity
Preferred Industries
Technology
Space Tech
Education
Renewable Energy
Healthcare
Transport
Water
Aerospace
Preferred Geographical Focus
Yemen
Jordan
Iraq
Saudi Arabia (KSA)
Kuwait
Tunisia
Qatar
Sudan
Libya
Oman
United Arab Emirates (UAE)
Bahrain
View all 18
Apply
Please login to apply to a funding application.
Difficulty applying? Contact us at info@magnitt.com