What is the purpose of the Kafalat Innovative guarantee?
The Kafalat Innovative guarantee was set up to specifically support innovative start ups. Innovative start ups are those who demonstrate the potential to create significant commercial added value through innovation. Accordingly, innovation is defined as at least one of the following activity:
• Development of a new product or service,
• Development of a new production or business process,
• Development of new uses for existing products,
• Development of new types or modes of distribution or sales channels.