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Incubating the Future BADIR Overview

Incubating the Future BADIR Overview. This document is confidential and is intended solely for the use and information of the client to whom it is addressed. This document is confidential and is intended solely for the use and information of the client to whom it is addressed. Lebanon.

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Incubating the Future BADIR Overview

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  1. Incubating the Future BADIR Overview This document is confidential and is intended solely for the use and information of the client to whom it is addressed. This document is confidential and is intended solely for the use and information of the client to whom it is addressed.

  2. Lebanon Israel Qatar 2025 2020 2015 2010 BADIR is KACST’s thrust to support technology entrepreneurship under KSA’s National Science and Technology Policy Long Term Plan from National Science and Technology Policy 3rd 5-Year Plan 1st 5-Year Plan 2nd 5-Year Plan 4th 5-Year Plan • Establish infrastructure for science, technology and innovation • Development of national eco-system • BADIR program • SBIR • Technology Innovation Centres • Become a leading country in science, technology and innovation in the region • Become a leading country in science technology and innovation in Asia • Transform to a knowledge-based economy Global Asia Middle East Saudi Arabia Strategic Technologies • Develop 15 advanced technologies Technology Innovation • Promote research, technology transfer BADIR • Promote innovation, entrepreneurship

  3. Mission Vision • To encourage, facilitate and support the establishment and development of a sustainable technology incubator industry in KSA • To be a world class business incubator program support organization that assists individual incubators to foster technology entrepreneurship and the commercialization of technology business opportunities Time BADIR aims to achieve its objective by supporting start-ups throughout the typical incubation stages BADIR Mission, Vision and Objectives Incubation Value Chain Evolution Stages Pre-Incubation Incubation Growth Post-incubation • Pre-incubation services • Training to develop business skills • Business planning and company registration • Market research, sales, marketing, accounting • Securing financing • Support with exporting and/or partner search • Help with e-business and other aspects of ICT • Recruitment support • Annual follow-up and performance monitoring • Continue networking activities Key incubator Services

  4. Thus BADIR, aims to support the setup of over 80 incubators by 2025, resulting in 1120 new ventures and around 20,000 jobs BADIR Program Long-Term Targets and Key Beneficiaries BADIR Program Long-Term Targets • Have an innovative idea and need support to start business • In need to tap into innovative products and services 2015 2020 2025 Number of Incubators 20 40 80 Entrepreneurs SMEs Number of Clients 280 560 1,120 Number of Graduate Companies1 95 333 761 Employment in Client Companies 2,240 4,480 8,960 Graduate Employment 836 3,596 9,740 Government Investors Total Employment2 3,076 8,076 18,700 • Need to render concrete their development plans • In need of new investment opportunities 1) Cumulative and 15% business failure 2) Cumulative and 5% annual growth Source: NSTP Long Term Objectives

  5. Moreover, BADIR aims to ultimately mitigate key innovation challenges in Saudi Arabia Relevant Innovation Issues Total Patent Grants by Country1 (1995-2008) Socio-Economic Challenges in KSA 2,682,165 1 Youth & Employment • High unemployment rate and significant number of youth • Incubators help creating jobs 2 Innovation Culture • Culture in MENA is not in favor of risk taking • Incubators help reduce perceived risk 1,863,797 3 Includes all MENA Counties Talent • Limited availability of talent • Focused training programs by incubators help address issue 4 Access to Markets • Start-ups face commercialization issues • Incubators support in identifying clients for start-ups Malaysia MENA Brazil China France Germany Korea USA Japan 1) Data from World Intellectual Property Organization

  6. Today, BADIR supports three in-house technology incubators that aims to create jobs and foster entrepreneurship BADIR Incubators • Launched in 2008 • 29 clients currently incubated • 182 employees • 9 clients generating revenue averaging SR 300,000 per month • 2 companies profitable 1 • Launched in 2010 • 15 clients currently incubated ICT Incubator AMI Incubator Business Advice 2 5 Specialized Services Physical Facilities • Launched in 2010 • 19 clients currently incubated • 3 clients generating revenue • 50 employees and volunteers • 2 incubatee recently launched Energy Incubator Biotech Incubator Funding Assistance Trainings 3 Nanotech Incubator 4 Operational In Progress Services Provided

  7. Moreover, BADIR is supporting seven incubators nationally through knowledge sharing and turn-key solutions BADIR Supported Incubators Incubation Support Services Princess Nora Incubator Riyadh Chamber of Commerce • In 2011, BADIR conducted feasibility studies for 5 different incubators • BADIR has signed strategic partnership with Riyadh Chamber of Commerce to support their incubator and build the capacity to their staff • In collaboration with World Bank, BADIR held the Incubation Management training course updating 69 staff and policy makers on the latest best practices in incubation area. Al-Jawf Northern Borders Tabouk Hail Al Kharj Incubator Al-Qassim Al-Madinah Taibah Incubator Riyadh Al Kharj Makkah Eastern Province Asir Najran Jazan Al Baha Incubator King Khalid Incubator

  8. In addition, BADIR will support the launch of four independent technology incubators and continue to support SBIN1 BADIR Incubator Support Services SBIN Objectives How BADIR is supporting incubation? • Develop incubator feasibility study and concept development planning • Provide incubator staff training • Perform incubator monitoring and evaluation • Provide incubator resources and tools • Assist in financial support for incubator clients • Exchange expertise in industry best practice and promote its implementation • Raise awareness on the advantages of both business and technology incubation among policy makers and public • Assist and support the process of creating effective and sustainable business incubation programs within local communities • Conduct training and educational workshops New Supported Incubator Pipeline Al Qassim University Shaqrah University Royal Commission of Yanbu Umm Alqurah University 1) Saudi Business Incubation Network

  9. In 2012, BADIR will undertake various initiatives to further enhance its customer experience 2012 BADIR Initiatives • Implement Mentorship program and Virtual Money • Organize 2012 conference • Business Plan Competition • Deliver workshops • Set up Technology Enterprise Funding Unit (TEFU) 1 Enhance Current Services 2 Support Entrepreneurship Awareness Enhance BADIR Funding 6 BADIR 5 3 Launch Innovation Program Launch New Incubators 4 • Deliver Innovation Workshops • Introduce Innovation in universities curriculum • Launch Energy Technology Incubators Support Incubation at the National Level • Support the launch of new incubators in KSA • Support SBIN

  10. ICT BIO AMI NANO Energy

  11. BADIR - Advance Manufacturing Incubator AMI is one of five incubators established under BADIR Program. It serves entrepreneurs interested in establishing new businesses based on one or more of the following: • Advanced Manufacturing Processes • Advanced Materials • Innovative tangible products

  12. BADIR - Advance Manufacturing Incubator Vision To be internationally recognized as, a world class technology incubator that provides excellent business growth services and an entrepreneurial environment to promote and advance the AMI related industries of Saudi Arabia. Mission To stimulate economic growth, employment and skills development in the Kingdom of Saudi Arabia through technology development, entrepreneurship, enterprise development, and technology commercialization in the advanced manufacturing technology sector.

  13. What is PLM? PLM – Product Lifecycle Management is a web-based software ‘collaboration platform’ that manages the whole lifecycle of a product, including : data, people & processes related to it. It also provides visualization capabilities at all stages so that all ‘players’ have a better understanding of their product and all processes can run-concurrently. (for example, the marketing/packaging department can have accurate information as the design progresses, whilst still in the design department.) Source:  Machine Design

  14. BADIR AMI

  15. BADIR AMI clients Plasma Cutting/CNC Machining Al-Tannur Electric Oven Fire Retardant Cables • The invention is an electric oven for all uses at the lowest cost and highest level of cleanliness and health • This technology consists of great insulating materials for wires and cables • Plasma cutting/CNC Machining aims to develop plasma cutting machines at lower cost than imported machines and similar quality Entry Date: Type of Client: Sector: Employees: Value of BADIR Services Value of BADIR Services Value of BADIR Services Entry Date: Dec 25, 2010 Type of Client: Sector: Employees: Entry Date: June 7, 2010 Type of Client: Sector: Employees: Consulting, design, funds, resources, employees Consulting, design, funds Transfer to industry Alaaldean Control System Pressure Valve BANDRIA By Abdel Aziz al Akil • Alaaldean control system is a system that relies on technology to send data through electricity cables and is the first production of a global industry • The pressure valve is a patented technology that has many applications in today's water plumping systems • The developed project is to construct a plant for the design and production of 4x4 desert cars Value of BADIR Services Value of BADIR Services Value of BADIR Services Entry Date: June 28. 2010 Type of Client: Sector: Health Employees: Entry Date: Oct 18, 2010 Type of Client: Sector: Employees: Entry Date: Feb 16, 2011 Type of Client: Sector: Employees: Consulting, design, prototype & network Consulting, design and funds Consulting, reverse engineering

  16. The Way Forward … … An Exciting and Challenging Time for Technology Innovation, Entrepreneurship and Incubation

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