1. PICTI 2.0: Business & Innovation Centre (BIC)
INNOVATION, CREATIVITY, INGENUITY @

2. PICTI 1.0:
-2004 – 2012: Physical Technology Incubator in Ramallah
-Limited number of successes and impact (# of companies)
-Gaza – Virtually
-Business Advisors – full time staff members!
-Recovery Model: up to 40% equity shares (high!)
PICTI 2.0 (BIC):
-Announced: June 2012
-Business & Innovation Centre – Pi2
- PICTI
- Pre-incubation
- Acceleration
-Innovation: model, design, and pipeline
-Non-IT and R&D
-Recovery Model: up to 10%

3. Why BIC?
• Accreditation against the EC-BIC Quality Criteria
• Internationalization: soft-landing and co-incubation
The business model:
• More pipeline and projects (mass)
• More successes are expected
• Lower risk and investment (SF)
• Potential in Gaza
• Social factor and more beneficiaries
• Potential in non-IT and R&D projects

4. • Innovation assessment
• Business Plan elaboration
• Business Modeling
• Training
Pre-
incubation
• Access to Finance
• Coaching and Mentoring
• Hosting
• Training
• Commercialization
Incubation
• Innovation Diagnostics
• Intl Support
• Commercialization
• Clustering
• Financing
Acceleratio
n
Hybrid Model – Pi2
Business & Innovation Centre - BIC

5. Incubation / Acceleration Model
• Business Idea / Concept
• Pitching
• Assessment and Selection
~ 75
Concep
t
Outreach,
Activities…
• Training
• Boot camp
• Business Model
• Presentation & Pitching
Selectio
n
~ 50
Projects
• Validation
• Prototype
• Business Plan
• Validation
• Prototype
• Business Plan
• Business Services
• Mentoring
• $3K - $5K
• Business Services
• Mentoring
• $3K - $5K
Pre-incubation (Physical & Virtual) ~ 3 Months
Investment
Committee
~ 25
Startup
Incubation & Acceleration < 6 Months
(Mentoring, Marketing, Access to Finance…)
FUNDING
GraduationGraduation
Pipelin
e
~ 100
Ideas

6. How does it work? The model
• Partnership with universities
• Continue with the outreach program
• Many tools (Intel, ESCWA, BEF at Expo, HTH, MS IC …)
• Jury panel (>10 members)
• 5 rounds of evaluation so far
• Decentralization and females
• 100 day business incubation/acceleration agreement
• Palestine Network of Mentors (46 members so far)
• Partnerships with regional and international bodies
• Mowgli, YEN, ESCWA…
• As a result, 39 projects are incubated now
(15 in Gaza and 24 in West Bank)

7. • Launching of the Palestine Business Angel Network
• Establishing of the Innovation Lab
• Fund (Ops & SF)
• Expand Stakeholders Network in WB & Gaza
• Expand the Network of Mentors
• The untapped resources: Diasporas for the above
• Re-(Branding, Imaging & Positioning)
• Launching of the co-incubation & soft-landing…
Focus:
• Mobile Tech, Apps & Content incl Gaming.
• Digital Arabic Content (DAC)
• Jerusalem
What next? What is needed?What next? What is needed?

8. OurOur Vision:Vision:
PICTI [BIC] – the fully acknowledged and endorsed
innovation-based Accelerator & Business Innovation
Centre of Palestine!
An agent of economic, cultural and social change

9. Thank You!
info@picti.ps
fb.com/PICTI.BIC

10. Thank You!
info@picti.ps
fb.com/PICTI.BIC