Dubai Chambers invites companies to apply for the Mohammed Bin Rashid Al Maktoum Business Award, a prestigious program designed to recognize exceptional success in strategy, innovation, and resilience. This initiative serves as the highest recognition for business excellence in Dubai, offering organizations a robust framework to implement global best practices and improve performance.
At a Glance
- Opportunity Type: Award Program & Business Excellence Assessment
- For: Dubai-based Companies (Startups, SMEs, and Large Enterprises)
- Key Benefits: Prestige/Recognition, Detailed Performance Feedback Report, Media Coverage
- Application Deadline: Registration Open Now
- Location: Dubai, UAE
Award Overview
Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, this award celebrates organizations contributing to Dubai’s sustainable economic development. While the award covers general “Outstanding Business,” it specifically targets high-growth areas relevant to modern entrepreneurs through specialized categories including Global Expansion, Digital Innovation, and Family Business.
The program is more than just a ceremony; it is a learning platform. It encourages the implementation of cutting-edge international best practices to boost growth, enhance competitiveness, and facilitate international expansion.
Key Benefits
Participants in the program gain access to a global business excellence framework that drives organizational improvement. Key benefits include:
- Comprehensive Feedback: Every participating company receives a valuable Feedback Report identifying strengths and areas for improvement.
- Prestige and Recognition: Winners receive extensive media coverage and are recognized as leading players in the regional business landscape.
- Benchmarking: Opportunities to compare performance with leading companies and share best practices within the business community.
- Judge Training: Participants can nominate employees to be trained as certified judges for future award editions.
Eligibility Criteria
Based on the application requirements, interested applicants must meet the following criteria:
- Location: The company Head Office must be located in Dubai (as per the registration form).
- Commitment: Applicants must be willing to pay the required fees and attend mandatory training workshops.
- Sectors: The award is open to various sectors, with specific categories for Global Expansion, Digital Innovation, Family Business, and Outstanding Business.
Fees and Costs
Participation in the award program involves the following fees (subject to 5% VAT), which must be paid in advance:
Applicant Training Fees (Mandatory):
- Dubai Chamber Member: AED 2,500 per delegate
- Non-Member: AED 3,000 per delegate
Submission Fees:
- Dubai Chamber Member: AED 3,000
- Non-Member: AED 3,500
Application Process
The award follows a structured seven-step journey:
- Registration: Online registration and eligibility assessment.
- Training Workshops: Mandatory attendance at a workshop specific to the chosen category.
- Submission Phase: Payment of fees and preparation of submissions.
- Assessment Phase: Judges review applications and conduct site visits.
- Award Ceremony: Winners are selected and recognized.
- Feedback Report: All participants receive a report on their organizational progress.
- Action Plan Workshop: A complimentary workshop focusing on leveraging the feedback.
How to Apply
To position your company as a leader in business excellence and innovation, complete the online registration form immediately.
Register Here: Mohammed Bin Rashid Al Maktoum Business Award Registration
About Dubai Chambers
Established to support the growth of national companies and achieve sustainable success, Dubai Chambers works to consolidate Dubai’s position as a leading global business hub. Through initiatives like the Mohammed Bin Rashid Al Maktoum Business Award, they promote digital transformation, international expansion, and the adoption of global best practices.
Learn More: Dubai Chambers
