The Abu Dhabi Businesswomen Council, a subsidiary to the Abu Dhabi Chamber of Commerce and Industry, has kicked off the 6th edition of the Best Innovative and Creative Project Award 2021, giving female entrepreneurs a chance to kickstart new projects in the country.
Who can apply: The award is aimed at female entrepreneurs, businesswomen, and female owners of new and innovative business ideas and initiatives.
Her Excellency Maryam Al-Rumaithi, Chairwoman of the Executive Board of the ADBWC said: “The Award works on supporting and encouraging creative and innovative talents from university graduates and entrepreneurs to come up with new project ideas and to support the ideas of the winning projects to enter the markets by providing them with the necessary services, training, and information and by embracing their ideas in order to transform them into real projects."
Al Rimaithi added that the award provides technical and administrative support, proposes solutions and helps participants to acquire the ability to choose project ideas and to draw the work plan, thus, embracing the winning projects within the Creative and Innovative Business Incubators.
Award categories and terms
The award is split into three categories. Within the first category, the individual ideas category of women entrepreneurs of new innovative ideas and initiatives in businesses.
The second category includes collective ideas of sets of no more than five women in each group, which are governed by the same conditions and evaluation standards. Each woman in any group can apply for the award individually as well.
The third category is the outstanding woman entrepreneur, in which winners of previous editions of the award can submit their ideas. The same conditions and evaluation standards apply.
The award focuses on priority sectors that go in line with the approaches of the UAE including the technological sector, renewable energy, space, the environment, water, health and safety, education, social responsibility, and business continuity among others of development sectors.
The applicant must register for the award online and complete all the required registration steps electronically. The project idea must be creative or innovative, feasible, economically beneficial, and executable.
The Award
In regard to the mechanism of the award, the 1st, 2nd, 3rd, 4th, and 5th place winners will receive a certificate, a trophy, and a cash prize of AED30,000, AED25,000, AED20,000, AED15,000, and AED10,000 respectively, in addition to being nominated to join the innovative and integrated business incubator.
Registration opened on Wednesday, 21st of April 2021, and the deadline falls on September 5th, 2021. Shortlisting the applications will follow directly afterward.
The assessment committee will commence its works on 6 September 2021 and will present its outcomes to the judges for approval on 4 October 2021.
The award ceremony will take place on Tuesday, 26 October 2021.
You can apply here.