Applicants must apply with a Minimum Viable Product (MVP), indicating they should have a basic version of their product or idea ready for evaluation. MVT refers to the smallest team necessary to deliver that product or service effectively. Additionally, they are expected to have an understanding of Financial Modelling Essentials.

Investment readiness for fundraising requires startups to demonstrate key elements:

Clear business overview: Startups must outline their vision, market opportunity, competitive edge, and financial projections.
Market validation: Evidence like customer feedback, pilot programs, or initial sales confirms demand for the product or service.
Tangible progress: Startups should show momentum in achieving milestones such as user growth, revenue generation, partnerships, or product development.
Capable team: The team must possess the skills, experience, and expertise to execute the business plan effectively.
Understanding of fundraising: Startups need to grasp the fundraising process, including valuation, terms, and investor expectations.

Thoughtful preparation of initial investment documents is demonstrated through clear, complete, and professionally presented materials. These documents should be accurate, transparent, and aligned with legal requirements and investor expectations. While the type of company (LLC or INC) is not crucial, it’s essential for the startup to be registered in the UAE to ensure compliance with local regulations and enhance investor confidence.