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8/7/2019 ICT Fund Presentation
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Made in UAE Sold Globally
Dr. Eesa Mohammed BastakiCEO, ICT Fund
April 27, 2011

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© Copyright ICT Fund 2011
The ICT (Information & Communication Technology ) Fund, aninitiative of TRA, is the first of its kind in the Middle East. Thetarget goals of the Fund are to develop the ICT industry,encourage R&D, support incubators, foster start-ups, andenhance education in the field of ICT.
The ICT Fund

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Intellectual Capital
IncubatingInnovative Ideas Smart Research
Nurturing Start-ups
TechnologLeadersh
What are we trying to achieve for the UAE ICT
sector ?

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“The greatest danger for most of us is not that our aim is too high anmiss it, but that it is too low and we reach it”
“Wealth flows directly from innovation… not optimization… wealth igained by perfecting the known”
"Never underestimate the value of an idea. Every positive idea has wpotential for success if it is managed properly”
We have great ambitions for innovation

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The ICT Fund was set up by the Supreme Committee as a step towardsimplementation of Article 70 of the Executive Order
The Fund receives its financing from the UAE’s telecom operators
The Fund has just started operations, and is inviting proposals for funding
We are launching our operations to jump start
innovation within the UAE ICT sector

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“ Achieve a global leadership position for
the UAE ICT sector by fostering and
developing innovation and creativity”
Our Vision …

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“Provide funding and advisory services to
companies, organizations and individuals that can
strengthen the innovation and knowledge capital
level of the UAE ICT sector with their research,
education and entrepreneurial activities”
Our Mission …

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Our Board of Trustees comprises figures from industry aacademia committed to this vision and mission
Chairman
H.E. Dr. Abdulqader AlKhayyat
H.E.Dr. Khalifa Hareb
H.E. Dr. Mohamed AlkousH.E. Dr Mohamed Al-Mualla
General ManaMubadala Development Company
H.E. Dr. Sabri Al-Azazi

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Previous ICT Fund Board of Trustees
Chairman
H.E. Ahmed Hameed AlMazroui
Director, Abu Dhabi National ExhibitionCompany (ADNEC)
H.E. Mohamed Nasser AlGhanim
Director General of the TRA Executive Vic
Affairs, DU
H.E. Abdulrahman Jarrar
Regional Manager for Govt. Affairs, Intel
Middle East
H.E. Dr Abdullah Al-Khanbashi
UAE University Vice Chancellor
Deputy Direct
Engineering
General Mana
H.E. Jassem MohammedObaid Al Za'abi
Mubadala Development Company
H.E. Dr. Tayeb A. Kamali
Vice Chancellor, UAE Higher Colleges of Technology

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© Copyright ICT Fund 2007
We are committed to financing and nurturing projrelated to Research, Education and Entrepreneur
Research
Research ProjectsR&D Centres
Education
ScholarshipsEducational Institutions
Ent

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We will fund organizations and individualsundertaking projects that will develop the UAE ICsector
Universities
ResearchInstitutes
Companies
IndividualResearchers
Entrepreneurs
Students
Who can apply for funding
Projects we will fund
ResearchProjects
R&DCentres
BusinessIncubators
EducationalInstitutions E

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© Copyright ICT Fund 2007
Funding
nGrants
nScholarships
nEquity
Advisor y
nBusiness Advisory
nTechnical Advisory
nCommercialization Support
Netwos
nAccess to Ind
nAccess to Technic
nAccess to Inv
We provide comprehensive resources and suppoto meet unique needs of each project and drive isuccess

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