Business Incubator Licenses

Small and Medium Enterprises General Authority

Monshaat offers the Business Incubator Licenses service through online platform with the aim of supporting entrepreneurship, nurturing startups, fostering innovation, and enhancing capabilities. This is achieved through issuing the necessary licenses for launching incubators, accelerators, and shared workspaces, as well as supplying an attractive environment, after meeting the necessary requirements. This helps them to access facilitations and identify the specific requirements for supporting and fostering the entrepreneurship sector.

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Access the list of business licensing regulations and license request requirements
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Submit a license application
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The applicant must be a government entity, a company, an association, or a university
The incubator location should be convenient and appropriate (This does not apply to virtual incubators)
Applicants must either own the location or have it leased for at least one year (Note: This requirement does not apply to virtual incubators).

Submitting a business plan that includes a feasibility study, a description of the business incubator’s activity and services, identifying the target sectors and the incubator’s policy in accepting and graduating beneficiaries.
Submitting an (approved) engineering plan showing the interior design of offices and shared spaces.
Submit a copy of the commercial register or registration certificate.