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8/7/2019 ICT Fund Presentation http://slidepdf.com/reader/full/ict-fund-presentation 1/13 Made in UAE Sold Globally Dr. Eesa Mohammed Bastaki CEO, ICT Fund April 27, 2011

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Page 1: ICT Fund Presentation

8/7/2019 ICT Fund Presentation

http://slidepdf.com/reader/full/ict-fund-presentation 1/13

Made in UAE Sold Globally

Dr. Eesa Mohammed BastakiCEO, ICT Fund

April 27, 2011

Page 2: ICT Fund Presentation

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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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© Copyright ICT Fund 2011

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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© Copyright ICT Fund 2011

“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

Page 5: ICT Fund Presentation

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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 

Page 6: ICT Fund Presentation

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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 …

Page 8: ICT Fund Presentation

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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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© Copyright ICT Fund 2011

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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© Copyright ICT Fund 2007

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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