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Bridging the UAE to Silicon Valley ICTRF 2012, KUSTAR- Abu Dhabi

SFO. AUH/DXB. Bridging the UAE to Silicon Valley ICTRF 2012, KUSTAR- Abu Dhabi. THE GOAL. 100 Technology Startups worth $100 million creating 1000s of knowledge based jobs in the UAE. Plug and Play Tech Center / Confidential and Proprietary. 8/22/2014. Silicon Valley Advantage.

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Bridging the UAE to Silicon Valley ICTRF 2012, KUSTAR- Abu Dhabi

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  1. SFO AUH/DXB Bridging the UAE to Silicon Valley ICTRF 2012, KUSTAR- Abu Dhabi

  2. THE GOAL 100 Technology Startups worth $100 million creating 1000s of knowledge based jobs in the UAE Plug and Play Tech Center / Confidential and Proprietary 8/22/2014

  3. Silicon Valley Advantage Silicon Valley: The ultimate high-tech ecosystem Plug and Play Tech Center / Confidential and Proprietary 8/22/2014 The high-tech hub of the world Largest cluster of high-tech companies in the world Highest concentration of venture capital in the world (40% of US) 400,000++ high-tech workers World class academic and R&D resources

  4. Plug and Play History Saeed Amidi CEO & Founder Plug and Play Tech Center / Confidential and Proprietary 8/22/2014

  5. Plug and Play Quick Facts Accelerated over 1,000 startups since 2006 Community of over 300 startups Outreach to over 3,000 startups in Silicon Valley Startups have raised over $1B in venture funding since 2006 Relationships with 100 corporate partners Relationships with over 180 VC partners Plug and Play Tech Center / Confidential and Proprietary 8/22/2014

  6. Plug and Play Community in 2010 Over $150 million venture funding raised by over 30 companies Over $600 million 15 exits through M&A Plus 9 others… Plug and Play Tech Center / Confidential and Proprietary 8/22/2014

  7. Plug and Play Community in 2011 Over $500M in exits through M&A Over $350M in venture funding raised Plug and Play Tech Center / Confidential and Proprietary 8/22/2014 • $1 Billion in funding raised by Plug & Play Community since 2006

  8. Plug and Play Ecosystem Mentorship & Coaching Infrastructure & Services Network & Community Strategic Resources Plug and Play Tech Center / Confidential and Proprietary 8/22/2014 “Silicon Valley in a Box”

  9. Funding Relationships Plug and Play Tech Center / Confidential and Proprietary 8/22/2014 • Over 180 VC partners such as DFJ, Sequoia, Canaan Partners • Co-investments through Plug & Play Ventures

  10. Startup Investments Plug and Play Tech Center / Confidential and Proprietary 8/22/2014 • Over 80 portfolio companies since 1996 • Pre-seed to seed stage investments

  11. Corporate Partnerships Plug and Play Tech Center / Confidential and Proprietary 8/22/2014

  12. University Relationships

  13. International Partnerships Three Month Acceleration Bridge to Silicon Valley • Startup Acceleration Programs @ Plug & Play in Silicon Valley • Strategic Partnerships and Platforms in select international locations Plug and Play Tech Center / Confidential and Proprietary

  14. Channels of Innovation Funneling Deal Flow into the Plug and Play Ecosystem through Events, International, University and Corporate Partnerships Infrastructure & Events Attracting Local Innovators International Partnerships University Partnerships Corporate Partnerships

  15. Plug and Play Singapore Case Study Dr. Tony Tan President of Singapore Dec 2009 Aug 2011 Invested $500k Sep 2010 Oct 2007 Launched Plug & Play Singapore @ Block 71 Teo Ming Khian Permanent Secretary Dr. Francis Yeoh CEO of NRF Partners Universities Activities • Fund, launch, • incubate and • accelerate local • innovative startups. • Spin-off US and other portfolio • companies into Singapore

  16. Plug And Play UAE Ecosystem Map Patronage? Incubation & Acceleration VCs & Angel Investors Pipeline of Start-ups & Students Entrepreneur Support Services: Corporate Sponsors & Supporters

  17. Plug and Play Affiliate Partnership (Incubation in the UAE) • Startup Incubation and Acceleration Best practices: • Work with Ecosystem Partners to enhance cooperation • Management consulting and training • Fine-tune general strategy • Enhance the local incubator/ tech-center operations Best Practices Exchange

  18. Global Internship Program PHASE 2: Silicon Valley Internship Program PHASE 1: Silicon Valley Immersion Immersion of UAE students in Silicon Valley: 3-6 months 1-2 weeks Introductory workshops and sessions Intern with a Silicon Valley high-tech startup Work and cultural experience Immersion in Silicon Valley startup environment Program managed by Plug and Play

  19. Startup Acceleration Program • 3-month stay for companies affiliated in PnP partnership program • Physical space for startups to be supported • Plug and Play University Workshop • Mentorship/Coaching • Fundraising/ Business Development • Event exposure: EXPO series

  20. The UAE on the Global Tech Map UAE Pavilion & Acceleration (in Silicon Valley) UAE Pavilion and Acceleration program for UAE/Arab companies at Plug & Play Promote bilateral exchange of innovative ideas and investment opportunities Increase access to US and global markets for UAE/Arab companies and increase success rates and investment potential

  21. Plug and Play Platform – Localizing Int’l startups Localized Spin-offs Local UAE Joint Venture Partner • Partner with corporate, government, university and other strategic allies • Form Plug and Play Platform (PPP Holding Co) • Identify relevant startups looking for expansion to sit on top of the platform • But lack funding, local know-how and/or regional mgmt team • Conduct Feasibility Study and Spin-off US and other portfolio companies into UAE and Arab Region • Enhance startup culture in local population • Create knowledge-based jobs and generate value

  22. Plug and Play Middle East Ecosystem Over time, our goal is to set up Plug and Play UAE as the region hub and headquarters of Plug and Play Middle East, with start-ups ‘graduating’ from regional PnP Tech Centers setting up their own global HQs in UAE: PnP Middle East not only becomes a landing platform for international start-ups into the region but a launching platform for regional start-ups globally. The ‘back end’ of companies stays in the origin country while the ‘front end’ moves to UAE to expand their business and gain easier access to international markets.

  23. Plug and Play UAE - Overview 5 year Goals in line with UAE Vision • UAE as global tech hub based in the Middle East • UAE transition to a knowledge-based economy • Foreign Direct Investment and skills transfer into the UAE tech sector • UAE global standing enhanced thru UAE pavilion at PnP in the Valley • 100 startups invested worth $100M creating thousands of new knowledge-based jobs in the UAE and the region Role • Accelerate and develop UAE and Arab start-ups • Build the right ecosystem with Government, Corporate, Academic & VC partners • Build local management team &advisory board to promote entrepreneurship culture • Bridge UAE to Silicon Valley with Plug and Play resources • Generate value through innovation

  24. Thank You Mohannad El-Khairy Middle East Relations Manager mohannad@plugandplaytechcenter.com Saeed Amidi Founder & CEO saeed@plugandplaytechcenter.com Jupe Tan VP International Operations jupe@plugandplaytechcenter.com

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