uaeu science and innovation park
TRANSCRIPT
GLOBAL ADVISORY PANEL | 2017
The Science and Innovation Park (SIP) was launched as part of UAEU strategic plan 2017-2021 in alignment with the UAE Vision 2021 national agenda and the National Innovation Strategy to become a global hub for research, innovation and entrepreneurship to foster the transitioning of the UAE economy towards a Knowledge Economy.
UAEU SCIENCE AND INNOVATION PARK
To bridge tradition and future for a new Arab renaissance and new forms of dialogue between nations.
UAEU SCIENCE AND INNOVATION PARK VISION
MISSION
The Science and Innovation Park is a global hub to support innovation, entrepreneurship and leadership. Developed within a mature community of values and an open society model, the SIP stimulates a new quality of growth based on sustainability and inclusiveness.
SIP Goals To achieve its mission, the SIP brings together the preconditions to build an ecosystem that promotes a new quality of growth:
1. (NQG) Support innovation to solve significant global challenges, foster inclusiveness, sustainability and build a brighter future for youth at large scale;
2. (KH) Extend the university research capacities and stimulate R&D transfer;
3. (KH) Create a global network of like-minded talents, attract nomad innovators and entrepreneurs, industries, NGOs, Government agencies to be part of the Science & Innovation Park tribes;
4. (CM) Offer programs to instill entrepreneurship and innovation culture, engage and train change-makers and leaders, up-skill researchers, promote entrepreneurial scientists and support startup capacity building;
5. (C) Create, govern and report on a special revolving fund with public and private contribution;
6. (IAR) Build a think tank to map the entrepreneurship ecosystem, conduct impact-assessment and produce information for evidence-based policy-making to support ecosystem conditions improvement.
Know How
Capital
Change Mindset
Information &
Awareness Raising
(KH) (CM)
(C) (IAR)
A
NEW QUALITY
OF GROWTH
The SIP creates space and desire to innovate: It creates space, because it is the oasis of minds that connects ecosystem conditions to maintain a healthy habitat for its tribes. It creates desire because, drawing on the UAE values of peace, tolerance, giving and inclusiveness, the SIP trains the new generation of innovators, entrepreneurs, and change-makers to increase their ingenuity and aspiration to meet big challenges. The SIP is a cluster of collaborative platforms (tribes) for positive-risk taking, safe innovation and R&D transfer. Through serving as test bed, facilitating higher level of knowledge creation, absorption and dissemination, cross funding, giving and sharing between researchers, students, businesses, government agencies, global nomad entrepreneurs and innovators, the SIP oasis of minds unlocks competitive advantages to the benefit of the tribes. The enabling habitat will help the tribes engage in social and needs-driven innovation and address the region 100 million challenges at large scale for a new quality of growth based on inclusiveness and wellbeing. The SIP would like to develop the following major tribes: (Water Tribe); (Genomics Tribe); (Space Tribe); (100 Million Stars Tribe).
SIP: Cluster of collaborative platforms (tribes)
Tribe
Products
Think Tank
Spec
ial R
evol
ving
Fun
d Services
Test Bed
Market
Programs & Linkage
SIP
Im
pact
Ass
essm
ent P
rogr
am
Tribe
Tribe
Tribe
Tribe
Tribe
Tribe INNOVATION CHAMPIONS
• Partners • Students • Startups • Hosted Companies • Research Centers
Processes
SIP Structure
Engines for growth E4G
Engines for Growth E4G
Global advisory panel
Engines for growth E4G
Discovery D
Engines for growth E4G
Ideas to prototypes I2P
Young Changemakers
Engines for growth E4G
Challenge for Innovation C4I
Engines for growth E4G
Growth and Scaling
Engines for growth E4G
Prototypes to market P2M
Engines for growth E4G
US Campus Programs
E4G graduates
Challenge non-winners
P2M grads and startups
Growth startup leaders
To create Startups
Not ready for Incubator yet
Researchers
Commercialization
Challenge winners
Strategic partners
SIP Programs – a catalyst for change
Composed of committed and talented Entrepreneurs in Residence [EiRs] with significant entrepreneurial experience from public and private sector UAE organizations, partner incubators, and international universities and renown entrepreneurial networks. The GAP is a significant pool of resources the SIP put in place for its fellows to receive guidance, support and mentorship to successfully develop and grow their ventures. The SIP Global Advisory Panel offers insights to participants using smart technologies and soon through an IT collaborative platform.
Global Advisory Panel
Dr. Ali Abdul Babson College
Mr. Ahmed Abdulwahab Next Arabia
Mrs. Shira Abel Hunter & Bard
Mrs. Sadaffe Abid INSEAD
Dr. Haithem Adouani ESI Group
Dr. Yehya Al Marzouqi Tawazun
Dr. Modar Alaoui Eyeris
USA UAE USA UAE
France UAE USA
Global Advisory Panel
Mr. Filippo Addarii Plusvalue
UK
Mr. Hany Amin Serial Entrepreneur Egypt
Prof. Michele Andreaus University of Trento
Prof. Guler Aras Yildiz Technical University
Mr. Philip Bahoshy MAGNiTT
Prof. Djamel Belaid Telecom-SudParis
Mr. Heythem Ben Salem Mobily KSA
Prof. Imed Boughzala Institut Telecom France
Egypt Italy Turkey
UAE France KSA France
Global Advisory Panel
Dr. Mustafa Alper TRangels Business Angels Network
Turkey
Mrs. Rama Chakaki VIP Fund
Mr. Hamza Chraibi Arab Excellence
Mr. Hatim Chraibi SPIRE Bioventures
Mr. Jim Cooper Braidtheory
Dr. Nabyla Daidj Institut Telecom France
Mrs. Kia Davies GrowMe
Dr. Jean-Luc Dormoy EDF
USA Morocco USA
USA France UAE France
Global Advisory Panel
Prof. Nihel Chabrak UAEU
UAE
Dr. Sharif El Badawi 500 Startups
Dr. Ounsi El Daif Eedama
Dr. Olivier Epinette Telecom Ecole de Management
Mrs. Marie Frochen FrenchTechHub
Dr. Amir Gabr United States Organic Science-
Research Triangle Park
Mr. Scott Gillespie Jigsaw Group
Mr. Tarek Hajjirri Dubai International Financial Center
USA UAE France France
USA UAE UAE
Mr. Andreas Heincke Dialogue Social Enterprise GmbH
Germany
Global Advisory Panel
Mrs. Heather Henyon Dubai Angel Investors
Mrs. Catherine Hughes Plusvalue
Mr. Tommy Katzenellenbogen CRON Systems
Mrs. Shainoor Khoja
Roshan Corporate Social Responsibility
Mr. Torsten Kolind YouNoodle
Mr. Iskren Krusteff United Arab Emirates University
Prof. Pascal le Masson Mines Paris Tech
Mr. Eric Quon Lee Visa Performance Solutions
UAE UK USA UAE
USA UAE France USA
Global Advisory Panel
Mrs. Fiorenza Lipparini Plusvalue
Mr. Klaus Miserra GrowMe
Dr. Shiraz Rashid Mosbah University of Bahrain
Mr. Omar Obeidat Al Tamimi
Dr. Miguel Palacios ESCP Europe
Mrs. Maria Pearson GrowMe
Dr. Inaki Pena Deusto Business School
Dr. James Piecowye Zayed University
UK UAE Bahrain UAE
Spain UAE Spain UAE
Global Advisory Panel
Mr. Bill Reichert Garage Technology Ventures
Mr. Roland Schatz Media Tenor International
Mr. Shashi Kumar SK Telecom Americas | Ventures
Mr. Jorge Soto Freedeo
Mrs. Sabriye Tenberken Braille Without Borders
Mr. Christopher Tholstrup Venturexcel
Dr. Constance van Horne Independent Scholar
Prof. Rodrigo Varela Villegas Universidad Icesi
USA Switzerland USA USA
India USA Canada Colombia
Global Advisory Panel
Mr. Lisheng Wang Propelx
Mr. Xavier Wartelle FrenchTechHub
Mrs. Willow Williamson International Development and Communications
Mr. Bruno Wong Orchard
Mr. Everett Young iChampsports
USA USA UAE USA
USA
Global Advisory Panel
Mentoring & Coaching in P2M Program
Mentors will help entrepreneurs develop their business model, their product, customer validation, their strategy to go to market and to raise funds
The purpose of the mentoring and coaching program is to support participants in their progress throughout the P2M program. The mentoring and coaching program is crucial to avoid mistakes that could cripple the startup if the team was trying to go its own way.
Coaching is more focused on helping entrepreneurs make and develop their product / service. It is the process by which the SIP ensures knowledge dissemination and R&D transfer from its research centers to its startups
MENTORING COACHING
Mentoring
3 WEBINARS for sharing experience across the teams in the mentoring program
2 Cycles of Mentorship
1st: April –August(8 bi-weekly sessions) |1 EiR per team 2nd:Oc. –Dec.(6 bi-weekly sessions)| 2 EiR per team
1 bi-weekly mentoring hour for advice and follow ups to support the participants achieve program milestones
Sharing experience 3 WEBINARS for sharing experience across the teams in the mentoring program
Before Silicon Valey to share visual identity, sales video and websites and the second pitch for Silicon valley
Before Demo Day share progress on company executive summary and the pitch for demo day
May August October
2017
Webinar 1 Webinar 2 Webinar 3
Share takeways to share takeaways from participation in GITEX and other events and how to have greater exposure)
.
1 mentor assigned to each team
Matching process March 16 2017
End of March 2017
1st Cycle April –August (8 bi-weekly
sessions) 1 EiR per team
2nd Cycle Oc. –Dec.
(6 bi-weekly sessions)
2 EiR per team
Pitch Day
April 2017
MILESTONES DELIVERABLES
Mentors are required to allocate 1 bi-weekly mentoring hour for advice and follow ups to support the participants achieve program milestones
First draft of pitch deck, clear value proposition and revenue model
September 2017 2 mentors are assigned to each team after matching process, based on the pitch in San Francisco.
2 mentoring hours: Business modeling phase 1 1
May 2017 Prototype or proof of concept, company executive summary 2 mentoring hours: Business modeling phase 2 2
June-July 2017 MVP, customer interviews 2 mentoring hours: Product development & customer validation 3
August 2017 Product or service, second draft of pitch deck, visual identity, sales video and online presence
2 mentoring hours: Product development and Go To Market 4
October 2017 Application for competitions, exhibitions, proof of exposure and media coverage
2 mentoring hours * 2 mentors: Fund Raising 5
November 2017 First pilot customer, proof of attendance to national pitch and other entrepreneurial events
2 mentoring hours * 2 mentors: Customer acquisition
6
December 2017
Fundraising documents and final pitch deck ready with second pilot customer or first sales, proof of collaboration with UAEU research centers and other stakeholders in the UAEU SIP ecosystem)
2 mentoring hours * 2 mentors: investor pitch deck and diligence documents 7
Mentoring Cycles and Milestones
Coaching Coaching program will be offered monthly in the SIP making space or the colleges labs 7 two-hour sessions from April to December
(excluding June and July)
MVP
Develop a Prototype
April May December
2017
1st Milestone 2nd Milestone 3rd Milestone
Product/ Service
Impact Assessment
MENTORING IMPACT ASSESSMENT At the end of each mentoring cycle, a comprehensive assessment is completed:
• MENTORS provide the SIP programs committee with feedback on the team progress with regard to the milestones; they provide
1. self-assessment of their mentoring service, 2. assessment of the mentoring program, and 3. of their experience as mentors;
• TEAMS provide the SIP programs committee with 1. assessment of the mentoring program, 2. self-assessment of their achievement of the milestones, and 3. assessment of their experience with the mentors.
COACHING IMPACT ASSESSMENT At the end of the coaching program, a comprehensive assessment is completed: • COACHES provide the SIP programs committee with
feedback on the team progress with regard to the milestones; they provide
1. self- assessment of their coaching service, 2. assessment of the coaching program, and 3. of their experience as coaches;
• TEAMS provide the SIP programs committee with • assessment of the coaching program, • self- assessment of their achievement of the milestones, and • assessment of their experience with the coaches.
Budget
A mentoring or a coaching hour is paid 1,000 AED.
Thank You!