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INSTITUTE OF BUSINESS ADMINISTRATION. Center for entrepreneurship development. Outline. Introduction of IBA CED Vision of CED Case Study: “NUS Enterprise” What we need to do? (Proposed Infrastructure) International Collaborations Benefits to IBA Subprojects Who Am I? (My Background)
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INSTITUTE OF BUSINESS ADMINISTRATION Center for entrepreneurship development
Outline • Introduction of IBA CED • Vision of CED • Case Study: “NUS Enterprise” • What we need to do? (Proposed Infrastructure) • International Collaborations • Benefits to IBA • Subprojects • Who Am I? (My Background) • What Will I do? ( MBA 5-Month Project) IBA-CED Proposal | Osama Khan | 09-09-09
INTRODUCTION TO Center for Entrepreneurship Development IBA-CED Proposal | Osama Khan | 09-09-09
VISION OF Center for Entrepreneurship Development IBA-CED Proposal | Osama Khan | 09-09-09
“Create VALUABLE & GLOBAL enterprises” IBA-CED Proposal | Osama Khan | 09-09-09
CASE STUDY: NUS Enterprise IBA-CED Proposal | Osama Khan | 09-09-09
Background • Center for Technopreneurship • New trend in courses (focus on entre) • Sales, Marketing, Finance, Technology • Industry sponsored business plans fuel newer startups. = MANY startups • Government starts supporting startups • 3 Incubators @ NUS • Engineering, Business, Science • NUS Enterprise formed IBA-CED Proposal | Osama Khan | 09-09-09
NUS Enterprise University-level cluster to provide an enterprise dimension to NUS teaching and research involving the University’s students, staff and alumni. FAILED IBA-CED Proposal | Osama Khan | 09-09-09
Reasons • Only one acquisition in the last 5 years • Not many companies coming out now • WHY? • Too hierarchical • Too MUCH funding! • Cool apps with NO market research • INCOMPLETE business plans IBA-CED Proposal | Osama Khan | 09-09-09
WHAT DO WE NEED TO DO? Proposed Infrastructure IBA-CED Proposal | Osama Khan | 09-09-09
STRATEGY Foster the development of an entrepreneurial culture in the IBA community through teaching, training, internship and the nurturing of startup enterprises, while leveraging on the IBA assets of people, expertise in diverse fields and intellectual property. IBA-CED Proposal | Osama Khan | 09-09-09
Working of Incubator … Don’t TEACH! Build Businesses. Don’t give MONEY! IBA-CED Proposal | Osama Khan | 09-09-09
Friends of CED … • Usman Sheikh (Serial Entrepreneur) • Farzal Dojki (Entrepreneur, IBA Faculty) • Azhar Rizvi (MIT-CEF) • Jehan Ara (P@SHA) • Jawwad Farid (Entrepreneur, Actuary) • Nauman Sheikh (Technologist, CTO) • Dr. Qasim Sheikh (ICT R&D Fund) • Rabia Garib (CIOPakistan) • Khurram Hamid (Head of Innovation, PnG) • many many more… IBA-CED Proposal | Osama Khan | 09-09-09
Working of ILO … IBA-CED Proposal | Osama Khan | 09-09-09
LETS GO GLOBAL! International Collaborations IBA-CED Proposal | Osama Khan | 09-09-09
MIT-CEF • NUS Enterprise • BINGO • INSEAD Entrepreneurship Club • Global Entrepolis • P@SHA • MS Bizspark • PnG Innovation IBA-CED Proposal | Osama Khan | 09-09-09
WOW! Benefits to IBA IBA-CED Proposal | Osama Khan | 09-09-09
Improvement in local business environment • NO MORE JOB SEARCH • International recognition • Others copy our streamlined processes • All top business schools have similar programs • All startups become an asset to IBA IBA-CED Proposal | Osama Khan | 09-09-09
IBA ONLINE Subprojects IBA-CED Proposal | Osama Khan | 09-09-09
Sub-Projects • IBA CED Website & Logo • IBA Viral Marketing, SEO, Web Redesign IBA-CED Proposal | Osama Khan | 09-09-09
MY BACKGROUND WHO AM I? IBA-CED Proposal | Osama Khan | 09-09-09
MBA 5-Month Project WHAT CAN I DO? IBA-CED Proposal | Osama Khan | 09-09-09
Implement the proposed infrastructure with a detailed and documented working model • Formulate documents and information flow at all levels • Achieve the above mentioned “International Collaborations” • Make clear term descriptions and a financial model to support startups from: ANGEL VC • Subprojects IBA-CED Proposal | Osama Khan | 09-09-09
Please ask questions … Thank you IBA-CED Proposal | Osama Khan | 09-09-09