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SME Innovation Fund will be organizing two competitions each year as Maldives Innovation Quest, where local startups and innovators will be given the opportunity to showcase their creative ideas and innovations. The ideas will be evaluated and judged by a panel of industry experts. Unique and innovative ideas will be able to get business incubator and mentor services in addition to equity funding from the SME Innovation Fund.

In addition to equity funding and business incubator services, qualifying ideas and projects will be awarded Maldives Innovation Grants by Maldives Fund Management Corporation.

Important Dates

20 February 2020 – Deadline for application

23 February 2020 – Announcement of shortlisted participants

25 February 2020 – Pitch competition

27 February 2020 – Announcement of pitch competition winners