MUSAHAMA Award for Innovation
The MUSAHAMA Award for Innovation honors companies that drive their business objectives through research and development. It recognizes organizations that apply innovative solutions, demonstrating how R&D investments enhance local content performance and contribute to sustainable economic growth.
Evaluation criteria
Evaluation will be based on multiple factors including R&D expenses as reported in relevant documents, the ratio of R&D expenses to revenue, and the impact of the applicant’s performance on PIF local content performance.
Application Requirements
Companies are expected to meet the following criteria to be considered for the MUSAHAMA Awards for Innovation.
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Submit a completed application for MUSAHAMA Awards
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Have a Saudi Commercial registration
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Have supporting documents for research and development expenses
