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Stage 1: Application Form Completion - Initial Stage of Evaluation

There are four sections to the Stage 1 Application Form:

A– About Your Business: This section will give information about the company applying to the Regulatory Sandbox.
B– About Your Innovation: This section will allow to assess the concepts’ suitability for the Regulatory Sandbox versus the other options like the licensing route (regulations are already available and license application can be made) and in some cases, whether the concept falls under SAMA’s regulatory perimeter.
C–Minimum Viable Product and Technological Readiness: This section will allow to assess the technical readiness (testing MVPs).
D– Your Background: This section will give information about the team you have formed and their experiences in relation to the Regulatory Sandbox application.