We believe in our startups and are committed to assisting them in graduating and growing. We understand how difficult it is to bring your idea to life, which is why we have made the entry procedure into our incubator extremely easy with a simplified business set up process at exceptionally affordable rates. Post graduating from our programme, our startups are eligible for special rates in any of the business districts affiliated to us, if they wish to relocate.
Why join in5
Subsidized License and Lease Pricing during in5 Incubation
|Lease Price at Subsidized Price (AED)||Year 1||Year 2||Year 3|
|Co-Working Desk at in5 Buildings**||12,000||15,000||18,000|
|Dedicate Office at in5 Buildings||30,000||35,000||40,000|
|Lease discounts are considered for Commercial offices at TECOM Group.|
Visa/Establishment Card Pricing
|Establishment Card***||AED 2,000||Issuance Authority GDRFA|
|Personnel Sponsorship Agreement||AED 2,500/person||Waived up to 4 visas for first 3 years of company incorporation.|
|Visa/Person (Out of Country)****||AED 1,630/person||Cost includes Emirates ID Card and Medical Test|
*Full license pricing of AED 15,000/annum is applicable after in5 incubation tenure.
**As part of TECOM Occupancy Agreement, Appendix B Clause 4.2.2, it is mandatory to submit third party public liability insurance. Click here for details.
***An Establishment Card is mandatory to apply for a visa. Establishment Card expiry date is matched with license expiry date. The Establishment Card is exempted for companies not applying for visas or work permits under their sponsorship.
How to Apply ?
Follow the steps to join the dynamic success driven world of in5.
Founders and entrepreneurs apply to the incubation program submitting an online application , including relevant material and information about their concept and business model.
The in5 team shortlists candidates based on various eligibility criteria & invites selected candidates to present.
Shortlisted start-ups present their venture to a committee consisting of various industry experts and seasoned entrepreneurs, and answer the committee’s questions.
The steering committee selects start-ups and admits them to the incubator. During their incubation period, startups access to various benefits that span the incubation value chain.
On completion of the incubation phase, start-ups graduate and become part of the in5 alumni network.