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Tarek El-Sadany - CEO of Technology Innovation and Entrepreneurship Center

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  • In Innovate Row:By 2014, Egypt can Leverage its human capital and grow its innovation-driven ICT services revenues by US$0.7bn by 2014 (plus a further US$0.5bn from new technology firms and licensing)Create42,000 new jobs in the ICT sector by 2014
  • Learning will occur from knowledge acquired through technology transfers, partnerships and other adaptation of best practices from other countries, as well as from local success storiesSuccess in innovation will stimulate the creation of local content in production, export value and information generation across Egypt’s ICT sector, and society in generalEgypt can overcoming existing hurdles by finding creative ways to leapfrog and innovate in ICT and make progress with regard to foreign investment, job creation, and new ways of innovating and doing business
  • Innovation Pillars – brief descriptionInnovation CultureNothing happens in a vacuum. For innovation to flourish, the culture of business needs to be supportive. The concept of an innovation culture is meant to represent all aspects of developing an outlook that fosters and encourages innovation at all levels of business, with particular attention paid to Education. Within this direction are measures designed to bring the idea of innovation to a wide public, and to provide services to those already engaged in creating the ‘next big thing’  Innovation Brand and Prizes Foreign Direct Investment (FDI) is of vital importance to the development of the ICT sector. To that end, Innovation Brand seeks to promote Egypt as an “Innovation Hub”, highlighting the competitive nature of its infrastructure and the strong desire of government to assist companies in locating facilities in the country. A radical component of this is the Innovation Prize Series – a collection of prizes on offer to those entrepreneurs (both foreign and domestic) who can successfully solve ICT-related challenges. IP ExchangeThe IP Exchange serves as a unique clearing-house and facilitator, reducing the costs of registering and using Intellectual Property (IP) by serving as a central point for help and guidance as well as a place where IP can be bought and sold. By providing such an exchange, companies can quickly and efficiently develop their own IP strategies as well as identify and license those technologies they need for their businesses to thrive.  Clusters and Optimization Some of the most successful Innovation Hubs are clusters that have developed spontaneously around resources such as Universities, Government grants and specific technologies. This direction examines how best to capitalize on the work already done in Egypt around the “Smart Village” concept, and how to replicate it elsewhere in the country, as well as develop the robust associated industries that would be needed to make a cluster self-sufficient (such as Venture Capital).  Business EnvironmentMaking it easier to be an entrepreneur means examining closely the business environment in which firms operate. This direction focuses on the legal, fiscal and regulatory environment with a view to easing the burden on starting companies, finding the talented people need to operate them and capitalizing on their success to fuel the next round of start-ups.  InfrastructureBoth technology and people are cornerstones of a knowledge economy. Without the technology to provide connectivity and services wherever needed, it is very difficult to capitalize on the potential of an economy. Without smart, motivated and qualified people, companies cannot innovate and grow. This direction looks at both issues and how best to meet the challenge of providing sufficient quantities of both.  
  • ConceptA repository of best practice when it comes to innovationSharing of processes to best promote innovation (both in MNCs and SMEs)Bring in external success stories and learn lessonsIn collaboration with Universities / Research cantersBackgroundSetting standards around best practice has proved highly effective at raising quality levelsSoftware quality metricsBuilding codesMedical checklists
  • Create a repository of best practices in ICT innovation (in MNCs and SMEs)Create a database of experts working in innovation in the ICT sector providing easy links to the best of Egypt’s bestOffer certification in innovation for local and regional firmsImplement training courses for enhancing innovation, improving innovation certification levels and moderating sharing of innovation ‘war stories’Create Egypt ICT Foundation to provide funding for advanced research in ICT to leading Egyptian firms and universitiesUse Repository as element of brand strategy by opening access to companies and experts from outside Egypt (coordinated, rich content, MNC/FDI friendly)Publish research and white papers on ‘Innovation success stories’ highlighting how innovation can work in Egypt/regionallyUse learning from the Repository to seed Innovation/Entrepreneurship courses at university levelLaunch Open Data Egypt initiative to give citizens access to high value, machine readable datasets from the government
  • Growth can be stimulated through incentivesTax packagesShared servicesReducing paperwork/ filing burden
  • Increase funds to bridge the Funding Gap along the innovation process (e.g., enhance/grow public innovation fund, work with TIP/TDF)Create community of local business angels and sources of venture capital focused on clustersTarget VC arms of existing global firms in Egypt to invest in early stage local venturesEncourage creation of venture funds within local (large) firms to fund innovative ideas and spin-offs from own employeesCreate a technology observatory to scan and identify key future technologies for Egypt’s ICT industry’s developmentProvide platforms to bring together diverse groups (entrepreneurs, VCs, academics, etc.) to discuss and catalyze entrepreneurial activityCreate a brand strategy for each cluster/smart villageEnhancing and widening business plan competitions for university graduates/faculty (with ITAC)Provide financial vehicles for Egyptian citizens to invest in innovative ICT SMEsCreate social and project-based interaction between clusters and local communities
  • PlugandPlay (PnP) incubator in Cairo – an important step to promote entrepreneurship and innovation in Egypt. PlugandPlay will house hundreds of entrepreneurs in the next three years. entrepreneurs will be mentored, financed to accelerate the growth of the most promising start-ups in Egypt .
  • ConceptA repository of best practice when it comes to innovationSharing of processes to best promote innovation (both in MNCs and SMEs)Bring in external success stories and learn lessonsIn collaboration with Universities / Research cantersBackgroundSetting standards around best practice has proved highly effective at raising quality levelsSoftware quality metricsBuilding codesMedical checklists
  • Create an Egyptian Innovation Brand Equity Foundation to promote Egypt’s profile as a FDI destinationOrganize EgyptianContinue and expand Egypt’s relationships with key global organizations (such as ITU, GSMA, OECDetc.) Investment Fairs/Events in selected locationsCreate awards for celebrating ICT innovation for both large/small firms and public entitiesIdentify or create a neutral entity to audit and certify the innovation readiness of firmsCreate Innovation Prizes to encourage innovation to solve local ICT issuesCreate awards for celebrating ICT innovation in universities (possibly in collaboration with global firms)Run a public campaign to showcase the success of innovative Egyptians as ICT role models

Transcript

  • 1. Technology Innovation and entrepreneurship Center
    Technology Innovation andEntrepreneurshipCenter
    Tarek El-Sadany – CEO
  • 2. Agenda
    2
    Technology Innovation and Entrepreneurship Center
  • 3. ICT Innovation and Entrepreneurship strategy
    Technology Innovation and Entrepreneurship Center
    3
  • 4. MCIT Stages of Development
  • 5. Technology Innovation and Entrepreneurship Center
    5
    Why Egypt needs to Embrace Innovation?
  • 6. Innovation and Entrepreneurship Strategy vision
    “ To Enable Egypt to become the leading regional hub and world-class destination for ICT-based Innovation & Entrepreneurship “
  • 7. Phase 5 KPI Setting
    Phase 2 Data Gathering
    Phase 1 Data Gathering
    Phase 3 Data Analysis
    Phase 4 Strategy Setting
    OUTPUT
    ICT Innovation and Entrepreneurship Strategy
    Questionnaire
    TDF ITIDA
    GITR /GII analysis
    Firm Level Benchmarking
    Strategic Framework
    MCIT ITIDA TIP, NU
    Defining the KPI Metrics
    MNC interviews
    Qualitative interviews
    NTRA
    MoHE
    Focus group
    GITR /GII Country Comparisons
    Environment level Benchmarking
    Targets and goal setting
    Defining the measurement process
    Methodology of Work
  • 8. Technology Innovation and Entrepreneurship Center
    8
    Technology Innovation and Entrepreneurship Center
    TIEC
  • 9. TIEC in Brief…
    Technology Innovation and Entrepreneurship Center
    9
    Birth Certificate
    Technology Innovation and Entrepreneurship Center
    27 Sep. 2010
    Smart Village
    Name:
    Birth Date:
    Location:
    To stimulate an innovation-based economy through strategizing, facilitating, and promoting innovation, entrepreneurship, and the creation of intellectual property in ICT and its applications.
    Public-Private Partnership (PPP)
    Mission:
    Framework:
  • 10. Center Philosophy
  • 11. Inspire
    Innovate
    Impact
    The “What”
    Technology Innovation and Entrepreneurship Center
    11
    • Egypt can position itself as a regional and global leader in innovation in the ICT sector
    • 12. Attract foreign investments
    • 13. Inspire domestic entrepreneurs
    • 14. Egypt can
    • 15. Leverage its human capital and grow its innovation-driven ICT services
    • 16. Create new jobs in the ICT sector
    • 17. Egyptian society can benefit from the enhanced adoption and use of ICT technologies
  • The “How”
    Technology Innovation and Entrepreneurship Center
    12
    • Learning will occur from knowledge acquired
    • 18. Success in innovation will stimulate the creation of local content
    • 19. Egypt can overcoming existing hurdles
    Learn
    Localize
    Leapfrog
  • 20. TIEC Main Objectives
    Technology Innovation and Entrepreneurship Center
    13
  • 21. ICT Innovation & Entrepreneurship Strategic Pillars
    Technology Innovation and Entrepreneurship Center
    14
    1
    2
    3
    4
    5
    6
    Clusters & Optimization
    IP Exchange
    Innovation Brand & Prize
    Innovation Culture
    Resources
    Business Environment
    Key Performance Indicators
  • 22. Pillar 1: Innovation Culture
    The concept of an innovation culture is meant to represent all aspects of developing an outlook that fosters and encourages innovation at all levels of business, with particular attention paid to Education.
    Technology Innovation and Entrepreneurship Center
    15
    ICT Innovation Strategic Pillars
    1
    2
    3
    4
    5
    6
    Clusters & Optimization
    IP Exchange
    Innovation Brand & Prize
    Innovation Culture
    Resources
    Business Environment
    Key Performance Indicators
  • 23. Technology Innovation and Entrepreneurship Center
    16
    Pillar 1 : Innovation Culture
  • 24. Pillar 4: Clusters and Optimization
    This direction examines how
    best to capitalize on the work
    Already done in Egypt around
    the “Smart Village” concept,
    and how to replicate it
    elsewhere in the country, as
    well as develop the robust
    associated industries that
    would be needed to make a
    cluster self-sufficient.
    ICT Innovation Strategic Pillars
    Clusters & Optimization
    IP Exchange
    Innovation Brand & Prize
    Innovation Culture
    Business Environment
    Clusters & Optimization
    IP Exchange
    Innovation Brand & Prize
    Innovation Culture
    Business Environment
    Key Performance Indicators
    Technology Innovation and Entrepreneurship Center
    17
    1
    2
    3
    4
    5
    6
    Resources
  • 25. Pillar 4 : Clusters and Optimization
    Technology Innovation and Entrepreneurship Center
    18
  • 26. Building Bridges between Silicon Valley and Egypt
    Technology Innovation and Entrepreneurship Center
    19
  • 27. Cloud Computing Technology Competency Center
    Technology Innovation and Entrepreneurship Center
    20
    Data Centers
    S/W Companies
    Academia
    IMPACT
    • International Innovations in Cloud Computing
    • 28. Technology Adoption by local and Regional Market
    • 29. Increased technical competitiveness of local and Regional talents
  • Mobile Computing Entrepreneurial Center
    Technology Innovation and Entrepreneurship Center
    21
    • Developers Community
    • 30. Mobile Apps. Start-ups
    • 31. International Innovations in Mobile Computing.
    • 32. Technology Adoption by local Market.
    • 33. Increased technical competitiveness of local talents
  • Pillar 2: Innovation Brand and Prize
    Technology Innovation and Entrepreneurship Center
    22
    ICT Innovation Strategic Pillars
    The Innovation Repository offers a number of prizes aimed at producing innovation in fields most desirable for overall development
    1
    2
    3
    4
    5
    6
    Clusters & Optimization
    IP Exchange
    Innovation Brand & Prize
    Innovation Culture
    Infrastructure
    Business Environment
    Key Performance Indicators
  • 34. Pillar 2 : Brand and Prize
    Technology Innovation and Entrepreneurship Center
    23
  • 35. Calling All Innovators Bilmasry
    Technology Innovation and Entrepreneurship Center
    24
  • 36. Thanks
    Dr. Tarek El-Sadany - Chief Executive Officer
    T : (+202) 3534 1662
    F : (+202) 3537 0703
    tsadany@tiec.gov.eg
    Technological Innovation and Entrepreneurship Center (TIEC)