An innovative enterprise (Innovative SME) is a small or medium enterprise that has benefited financially from adopting an emerging technology or innovation, whether applied in the enterprise’s products and services, its business model, or its work environment and internal operations.

Innovations are the goods (products or services), processes (a business model, work environment, or internal operations), or combination of goods and processes that an entity offers, provided they are new or significantly improved and are ready or nearly ready for use by the entity itself or by its customers.

Emerging technologies are promising, modern technologies whose commercial and social uses and benefits continue to evolve and become apparent day by day. Examples include artificial intelligence, cloud computing, rapid prototyping, biotechnology, and others.

A total of 30 enterprises will be nominated for the final stages of the award.

The Ebtker Award offers SAR 300,000 to the top three places in the small innovative enterprises track, in addition to many other distinctive services.

Yes, attendance and full-time commitment to the camp are required for the small innovative enterprises track only.