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SME

Request for Renewal Certifying Business Incubators and Accelerators

A set of steps to apply for the renewal of an existing accreditation for accelerators and incubators
Supplementary Procedural Service
  • Copy of the passport if it expires during the approval period
  • Copy of the Emirates ID if it expires during the approval period
  • Work plan for the coming year.
  1. Provide the applicant with the incubator’s work plan, and submit the required documents via e-mail to the Hamdan Center (for new applications and renewals).
  2. Implementation of field visits to the incubator by the center's employees (for new applications and renewal).
  3. The applicant pays the activity fees through the following payment channels (cash payment at the center or bank deposit in the center’s account, issuance of a check in the name of Hamdan Center for Creativity and Innovation) - (for new applications and renewals).
  4. The applicant receives the letter “Approval of the request to establish a business incubator or renew an incubator -” for the trade registration and licensing sector.
  5. The applicant receives the letter “Granting the validity of registration or renewal in the Ejari system for licensed business incubators” from the Real Estate Regulatory Agency - Dubai Land Department.
  6. Refer to external service centers (outsourcing); to complete the registration and licensing procedures. 
  7. Review of the Real Estate Regulatory Agency - Dubai Land Department -; to complete the registration procedures in the Ejari system.
Certifying Business Incubators and Accelerators

Eligible entities to obtain a business incubator license:

  • Governmental institutions wishing to establish incubation centers for projects
  • Educational institutions including national and local universities and institutes.
  • Businessmen or individuals who are citizens of the United Arab Emirates.
  • Businessmen / investors residing in the country, in accordance with the terms of the Department of Economic Development with regard to licensing.
Five thousand dirhams, activity fee, annually for the institution in addition to the license issuance fee
Departments and institutions from the public and private sectors.
Educational Institutions
Foundation e-mail: 24/7

What are the obligations of the business incubator upon renewal?

  •  The applicant for the incubator shall be obliged to submit a periodic report on the functioning of the incubator, including an administrative and financial disclosure of the performance of the incubator.
  • The entity requesting a license is obligated to use the logo of the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development and as a kind of cooperation between the two parties in all advertising and promotional materials for the center. It is also committed to using the phrase supported by the Hamdan Center for Creativity and Innovation Powered By HI2

What are the documents required for the renewal process?

  1.  Copy of the passport if it expires during the approval period
  2. Copy of the Emirates ID if it expires during the approval period
  3. Work plan for the coming year.