Frequently Asked Questions

Investors connect with the incubatees directly, carry out their due diligence and agree the terms of investment with the incubatees. Investors may explore negotiating safeguarding mechanisms with the incubatees, however these may vary on a case to case basis.

Hub 47 is not a party to or an intermediary in the investment process.

Potential returns on investment depend on various factors such as entry valuation, success of business plan execution and market acceptance and adoption.

o Time horizon depends on the stage of entry of the investment. On average, for new startups, it takes 7 to 12 years to generate a liquidity event for investors. However, potential liquidity options exist through secondary offerings depending on success on demand of the stock in the private markets.

As this is a newly launched program, there is very little data available to develop expectations for Hub47 incubatees.

Hub47 is a community driven welfare initiative, the volunteer team consists of highly experienced individuals from diverse backgrounds boasting over 200 years of combined experience in managing business and investment enterprises.

Hub47 also has a network of mentors who are specialists and subject matter experts in their respective fields.

Hub47 does not arrange for or guarantee funding to the incubatees. It is a development and networking platform to support startups in their commercial success.

For incubatees who have been selected and onboarded, Hub47 will assist in market research and validation as part of its incubatee development program.

Yes! Hub47 is primarily a community driven welfare initiative to help connect like minded entrepreneurs and accelerate innovation in our community.

If they qualify for the program, all aspiring incubatees need to register on our website. Please click here to submit your application.

Please review qualification criteria here.

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No, Hub47 does not arrange for or guarantee funding to the incubatees. It is a development and networking platform to support startups in their commercial success.

Yes, you may submit your queries on our support section.

Hub47 plans to add relevant facilities based on requirement. Your feedback is key to the development of the program.

Yes, a working MVP is required to qualify for the program.

Please refer complete qualification criteria here.

No, Hub47 will not be charging a fee for the program.

Hub47 is a community driven initiative, the program is supported by experienced professionals who are driven to enable progress, innovation and success in the community.

Being under the umbrella of PAD, ancillary expenses and facility related expenses are covered by the sponsor

There are no guarantees in respect to financing. Hub47 gives incubatees access to important knowledge and visibility through its network and events.

No, Hub47 is not a commercial enterprise and does not monetize and gain financial benefit from its operations. Our success is measured by the impact that we aim to create.

No, Hub47 does not arrange for or guarantee funding to the incubatees. It is a development and networking platform to support startups in their commercial success.

As Hub47 operates under the umbrella of PAD, potential sponsors and philathropic contributors may set up donations with PAD administration.

Yes, Hub47 has a coworking space provided to the startups. This will include internet, utilities, meeting rooms

Yes, Hub47 will periodically organize networking events to give exposure to startups with Investors. This may not necessarily be a pitching event but a connecting event.

We have a team of experts , mentors and coaches that will help startups develop a framework for the MVPs.

We will prepare startups for pitching on relevant forums with the help of our mentors, coaches and experts

Yes, there will be a cap on the number of hours, depending on the project

Hub 47 is an initiative of Pakistan Association Dubai. PAD BOD has formulated an independent team to run the incubation center after engaging subject matter experts from the community.

HUB 47 team includes the experts from various industries which on the basis of their expertise ensure that startup will get successful. However, HUB 47 doesn’t have any legal binding in case the startup fails.

No. PAD does not have any licensing option. You will need to arrange your own business license from a relevant government authority. There are difference options for licensing to operate in UAE, so connect with our business consultation team to know more about those options.

Yes our support only applies to startups and businesses operating in UAE. There are numerous options for what license you may require to operation depending on your nature of business and the market. Please connect with our business consultation team for details.

Yes. An NDA (Non-Disclosure Agreement) will need to be established between the parties before the support can be provided.

We are planning to expand our offering in future. However, we currently do not have legal support. We also do not provide services related to patenting or protection of intellectual property at this stage.

You will get exclusive access to quarterly in-person networking events where you will meet industry expert, peers and investors. We will also have regular online networking events to bolseter the community.

Yes we will arrange and provide direct access to relevant investors who have expressed interest in your category of startup AFTER we have graduated the program and recommended for investment from Hub47.

At present we are focused on establishing businesses in the UAE and have plans to support the GCC region in the future.

Whilst our strongest network remains the UAE, we have mentors who are well engaged in other parts of the GCC. Depending on the requirement after establishing in the UAE, we will evaluate and connect if there is a need.

Our core focus will remain the UAE

Yes absolutely, and not just startups from Pakistan but any startup of Pakistani origin across the globe will be supported for establishment in the UAE

We provide all covered curriculum under business consultancy, business development, financial modeling, operations of a business, marketing strategies and tools. Etc.

Yes we have a certification program we currently offer credits from the PAD and working on partnership accreditations from other institutes.

We are a non-profit initiative focused on offering free consultation, trainings and coaching for purpose of enabling our incubatees only.

Yes,

Yes, that is the key objective of Hub47 to offer a collaboration forum where we can bring in universities and other institutes to join hands with us for enabling startups