JORDAN!

What!and!Why!Entrepreneurship?!!

Level!15!Philanthropy/!Government!Aid!• Basic!Needs!

Level!25!Capacity!Building/!Formal!&!Informal!EducaGon!System!• Long!Term!Employment!

Level!35!Entrepreneurship!

• Enterprise!and!Job!CreaGon!

Jordan's!Labor!Market!Paradox!World!Bank!released!a!report!to!invesGgate!the!unemployment!in!Jordan!(Jordan!5!Resolving!Jordan's!labor!market!paradox!of!concurrent!economic!growth!and!high!unemployment).!As!per!the!report,!although!Jordan!has!successfully!aWracted!investment,!achieved!strong!GDP!growth,!unemployment!rate!was!not!reduced.!!

One!of!the!key!reasons!this!did!not!happen!was!that!significant!amount!of!the!FDI!and!growth!went!into!sectors!employing!non5Jordanians!such!as!ConstrucGon!and!Manufacturing.!

One!strategy!to!deal!with!current!situaGon!is!to!target!sectors!driven!by!Jordanians,!and!Technology!is!on!of!these!sectors.!

Why!Technology!sector!is!important!for!Jordan!

Contribu/on0to0GDP!

•  Technology!sector!has!strong!contribuGon!to!GDP.!!

•  For!example,!ICT!alone!contributed!around!14%!as!per!the!numbers!released!by!MOICT.!

Employment0of0Jordanians0

•  Technology!sector!is!one!of!the!highest!in!employment!of!Jordanians,!and!in!parGcular!University!graduates.!

High0Growth!

•  SMEs!comprise!over!95%!of!number!of!companies!in!general,!but!the!impact!on!economy!is!sGll!less!than!expected.!A!lot!of!these!companies!are!characterized!by!limited!growth!and!employment,!tradiGonal!in!offering!and!business!model,!and!targeGng!local!markets!only.!!

•  High!PotenGal!Technology!Startups!are!the!opposite.!

People!who!Changed!the!world!5!US!

1960s0• 82K0• $43B0

1970s0• 89K0• $62B0

1970s0• 49K0• $65B0

1970s0• 105K0• $26B0

1990s0• 26K0• $29B0

352K0Jobs!

$2250B0Revenues0(10)!

A!Great!GeneraGon!5!Jordan!

1930s0• 6K0Jobs00• $1,760M0

1950s0• 6K0Jobs0

1960s0• 3k0Jobs0• $200M0

1970s0• 6K0Jobs0• $730M0

1980s0• 9k0Jobs0• $610M0

30K0Jobs!

$3.3B0Revenues0(10)!

We!need!to!create!the!next!generaGon!of!Jordanian!entrepreneurs!who!will!create!jobs!and!open!new!markets.!

QRCE!

QRCE!Track!Record!

• People!parGcipated!in!general!&!special!Networking!acGviGes!!+20,0000• People!parGcipated!in!Bootcamps,!Training!Workshops!&!Mentoring!programs!+3,5000

• Jobs!created!!+3000• Training!Workshops!&!Seminars!organized!+1000• Startups!&!Projects!supported!&!recognized!+1000• NaGonal!Conferences!&!CompeGGons!organized!+100

Why!CompeGGons!are!great!plaeorms!!

• Meet!people!who!want!to!start!and!support!great!companies!Networking!

•  Develop!your!skills!and!knowledge!through!Bootcamps!and!mentoring!program!

Capacity0Building!

•  Get!seed!funding!through!cash!awards!and!pitching!to!leading!investors!!

Funding!

•  Get!the!recogniGon!you!need!to!create!more!awareness!and!build!more!credibility!!

Recogni/on!

A!way!to!shock!System!

Change!Culture!

Create!Quick5Wins!!

Methodology!&!Components!!!

Think!about!starGng!

• Cultural!OrientaGon!

IdenGfy!OpportuniGes/Gaps!and!develop!plans!

• Planning!and!Research!!

Start!with!lower!cost/risk!and!get!support/funding!•  Incubators!/!Accelerators/!Angel!Investors/!VCs/!Grants!!!

Grow!/!Exit!

• Financial!Markets!/!M&A!!

Universities Programs (Education/Culture)

Startups Programs (Enterprise Creation)

Growth Programs (Enterprise Growth & Support)

Industry!University!Linkage!CompeGGon!

Benefits0

Recogni/on0Startups/Spin\offs0Capacity0Building00

R&D0Collabora/on0

Industry!University!Linkage!CompeGGon!(MIJ)!• Developing!new!technology!soluGons!

Business!Plan!CompeGGon!(QRNEC)!• Developing!new!businesses!driven!by!Technology!InnovaGon!!

• Technical0Problems0&0Needs00

Industry/Private0Sector0

• Linkages00Compe//on0

• Research0Projects0(Faculty0&0Students)0

• Graduate0Thesis0&0Disserta/on00(Master0&0PhD0Programs)00

• Senior0Design0Projects0(Bachelor0Programs)0

Universi/es0

Global!Entrepreneurship!Week!

• Ci$es''4"

• Ac$vity'Partners''+20"

• Ac$vi$es'+30"

• Par$cipants''+7K"

• PR'Campaign'$50K'

• Ad'Campaign'$100K'

1,""Great"Partnerships" 2","Great"Ac:vi:es"" 3","Great"Results""

In#2010,#GEW#Jordan#was#ranked#1st#regionally#and#16th#globally##based#on#number#of#Partners,#AcBviBes#and#ParBcipants.#

Green!Entrepreneurship!!

Technology!Entrepreneurship!!

Social!Entrepreneurship!!

Women!Entrepreneurship!!

University!Entrepreneurship!!

Microbusiness!!!

DART!5!Entrepreneurship!University!Clubs!

Culture00(3rd/4th0Op/on)00

• Spread!the!culture!of!entrepreneurship!throughout!universiGes!&!encourage!students!to!pursue!entrepreneurship!as!an!alternaGve!career!path.!!• SGmulate!the!university!community!to!become!more!engaged!in!naGonal!&!regional!compeGGons!and!iniGaGves.!

Bridging0The0Gap0

• Bridge!the!gap!between!academia!&!Industry!• Support!the!university5industry!linkage!process,!by!encouraging!the!university!community!to!solve!industrial!challenges!and!meet!market!needs.!

Capacity0Building0

• Equip!the!university!community!with!needed!business!&!!entrepreneurial!skills!through!capacity!building!acGviGes.!• Offer!pracGcal!business!educaGon!by!helping!them!create!successful!startups!via!QRCE!programs.!

DART!was!founded!in!September!2004,!and!became!later!part!of!QRCE!!

DART!=!Dream,!Aim,!Reach!and!Target.!

Why:!Develop!the!next!generaGon!of!business!leaders!!

DART%Network%covers%over%75%%of%Jordanian%

University%Students%

Queen!Rania!NaGonal!Entrepreneurship!CompeGGon!–!Concept!

•  The!compeGGon!is!designed!to:!Create!more!awareness!on!potenGal!opportuniGes!in!technology!startups!and!recognize!innovaGve!and!outstanding!technology!business!ideas,!plans!and!startups!

Develop!entrepreneurial!skills!for!the!compeGGon!parGcipants!and!help!them!in!developing!their!business!plans!!

Foster!the!entrepreneurial!spirit!in!university!technical!and!business!students!and!graduates,!and!encourage!them!to!take!their!projects!from!the!concept!level!to!the!implementaGon!level!

Queen!Rania!NaGonal!Entrepreneurship!CompeGGon!–!Categories!&0Winners!

1st!QRNEC! 2nd!!QRNEC! 3rd!QRNEC!

4th!QRNEC!

QRNEC!Categories!!

Pre\Startup0Track0

• Project#sBll#in#the#concept#level;##

• Company#not#established;###

• No#Business#Plan#/#team#

Startup0Track00

• Company#established#&#registered#4#years#or#less;##

• A#basic#business#plan#exits#and##commercial#acBviBes#iniBated;#

•  #Number#of#employees#is#less#than#12#

Universi/es0Track0

• Majority#of#the#team#are#from#UniversiBes#(Students#&#Faculty#Members)#

QRNEC!Areas!!

Digital0Technology0&0Related0

• Online0Products0&0Services0

• Digital0Media0and0Entertainment0

• Sodware0&0IT0Services0

• Mobile0• Consumer0Electronics0

• Networking0&0Equipment0

Clean0Technology0&0Related0

• Renewable0Energy0• Recycling0• Air0&0Water0Technologies0

• Sewage0&0Waste0• Other0Environmental0Technologies0

Life0Sciences0&0Related00

• Biotechnology0• Pharmaceu/cals0• Healthcare00• Medical0Devices0and0Equipment0

• Agriculture0

Advanced0Technologies0&0

Other0• Industrial0• Nanotechnology0• Construc/on0• Security0&0Defense0• Technology0Enabled0Services0

• Other0related0Applied0&0Engineering0Areas0

ParGcipaGon!Benefits!!

Capacity0Building0!

• ParBcipaBon#in#QRCE#leading#Technology*Entrepreneurship*Development*Bootcamp#&#Advanced*Mentoring*Program.!

• Support#to#AWend#Empretec*Training*Program#Via#Business#Development#Center#(BDC).!

Recogni/on!

• NaBonal#and#Regional#Recogni=on#for#winners.!

Support0!

• Priority#and#Support#to#parBcipaBng#projects#through#QRCE*Support*Programs.!

• Services#&#consultaBons#in#Intellectual*Property#by#Intellectual#Property#CommercializaBon#Office#(IPCO).!

• Priority#to#be#incubated#at#the#leading#Jordan#Technology#Incubator#(iPark)#for#eligible#companies.!!

Funding!

• Over*$50,000*of#cash#awards#and#investments#&#Over#$10,000*in^kind#support.#!

• Linkages#with#leading#investors#via#Bedaya*Angel*Investors*Network!

QRNEC!Process!

Round010Judging0(Top050)0

BootCamp0

Round020Judging0(Top030)0 Mentoring0

Final0Round0&0Award0Ceremony0

(Winners)0

QRNEC00Support0Program0

QRNEC!–!Capacity!Building!Program!QRCE!Entrepreneurship!Development!BootCamp!

• 60!Hours!of!Training!• 2!Follow5up!Sessions!

QRCE!Mentoring!Program!

• 6!Sessions!of!Mentoring!

Pre\Training0Assessment!

Assessment Session 00!

Part01:0Introduc/on0

Program0Introduc/on0

Technology0Entrepreneurship00

Part02:0Tools! Business0Innova/on! Business0Research0! Business0Strategy0

&0Planning0!Business0

Communica/on00!Project0

Management0&0Managing0Teams00!

Part03:0Selected0Func/onal0&0

Strategic0Issues!Marke/ng0&0Sales! Financial0

Management!Business0Model0

Design0Selected0Speakers0

(Entrepreneurship,0IP,0Funding0for0startups0…)0

Part04:!Business0Excellence0Framework!

EFQM0Framework!

Post0\Training0Assessment!

Follow-up Session!

Mentoring! Over060weekly0sessions0in020months00

Benefits!for!SMEs!&!Startups!

Review!your!strategy!and!plans!

Tools!to!help!you!manage!the!business!

Tools!to!help!you!grow!the!business!

Benefits!for!UniversiGes!&!Pre5Startup!!

How!to!develop!your!business!idea!and!Tools!to!help!

you!do!that!

How!to!start!your!business!

!Judging!Criteria�

The!judging!CommiWee!is!composed!of!9!people!from!business,!academia!and!investment!communiGes.!!

Strong!technology!components!with!regional!&!global!market!potenGal!

InnovaGon!in!the!products!and!business!model!

Strong!operaGonal!and!management!teams!

Financial!feasibility!&!ROI!

And!the!quality!and!structure!of!the!submiWed!documents!!

QRNEC!Bootcamp!2010!ParGcipants,!Jan!2011!

Finalists!!

!

Pre\Startup0Track0

Startup0Track00

Universi/es0Track0

��!

•  secureSWF,!is!a!Flash!AcGonScript!obfuscator,!an!end!to!end!applicaGon!that!takes!Flash!files!as!an!input!and!outputs!content5idenGcal,!opGmized!and!most!importantly!protected!Flash!files!that!are!sufficiently!harder!to!reverse5engineer!and!extract!the!source5code!from.!secureSWF!addresses!the!Flash!developer’s!community!need!to!protect!their!Flash!ApplicaGons,!a!need!that!has!been!there!since!the!year!1998.!The!Rich!Internet!ApplicaGons!market!is!a!large!and!rapidly!growing!one.!Today,!there!are!more!than!2!million!Flash!developers!worldwide!presenGng!the!immediate!market!for!secureSWF.!�

��!

•  The!company:!KETAB!is!an!IP5based!company!that!is!developing!over!than!9!promising!core!enabling!emerging!technologies!in!the!field!of!human!computer5interacGon!and!ubiquitous!compuGng.!KETAB!is!proposing!the!product!iPro.!iPro!is!based!on!a!disrupGve!technology!in!the!field!of!visual!communicaGon.!It!is!a!portable!interacGve!whiteboard!that!will!be!sold!along!with!projector!displays!to!enable!spaGal!interacGon!with!projector!screens!and!automaGc!transcripGon!of!user's!wriGng.!!

•  Keen!Wash!is!a!revoluGonary!method!of!washing!,!waxing,!shining!and!protecGng!your!car!surface!in!less!than!15!minutes!without!using!water!.!Rinsing!and!drying!is!not!needed!.!Simply!spray!and!wipe!dry!,!saving!Gme!and!money!.!!It!is!water!based!,!petroleum!free!and!environmentally!friendly!.!

EL0HASSAN0BUSINESS0PARK 0!

Existing Institutions

El Hassan Science City Campus, Amman

Princess Sumaya University of Technology (PSUT)

Founded in 1991, PSUT is a top-ranking private University offering degree programs in ICT. PSUT plans to expand into business studies and post graduate degree programs.

The Royal Scientific Society (RSS)

Founded in 1970, RSS is the largest applied research institution in Jordan. RSS plans to re-focus its efforts towards scientific research wh i le s t reng then ing i t s commercial activities such as t e s t i n g , t r a i n i n g , a n d certification

The Higher Council of Science & Technology (HSCT)

Established in 1987, HCST is a policy making government body responsible for building a science and technology base in support of national development priorities.

El Hassan Business Park

The Business Park will host incubator as well as mature business along with related entities with a focus on business planning, intellectual p r o p e r t y , t e c h n o l o g y licensing, and venture capital

•  QRCE is now part of El Hassan Business Park. A new entity that was formed in 2010 under the umbrella of El Hassan Science City. The Business Park aims to support Jordan’s growing number of technology based start-up community through the proper and continuous interaction between R&D, IPR support, SME development support, training, financing and policy via the Business Parks main components, which are the Queen Rania Center for Entrepreneurship, Intellectual Property Commercialization Office, and iPark.

0El0Hassan0Science0City0

(EHSC)0

0El0Hassan0Business0Park0

(EHBP)0

0Queen0Rania0Center0for0

Entrepreneurship0

Intellectual0Property0Commercializa/on0

Office0Bedaya0Angle0Network0 0iPark0

Royal0Scien/fic0Society0(RSS)00

Princess0Sumaya0

University0of0Technology0(PSUT)0

The0Higher0Council0of0Science0&0Technology0(HSCT)0

An Innovation Ecosystem

INNOVATION AVENUE: The education and research

districts of the lower campus will be connected to the administrative, business, and commercial districts of the upper campus by roads and pedestrian walkways fostering a spirit of collaboration.

Concept Masterplan

COMMERCIAL USE ZONE

BUSINESS PARK

ADMINISTRATION AND TRAINING ZONE

RSS RESEARCH / LABORATORY ZONE

PRINCESS SUMAYA UNIVERSITY OF TECHNOLOGY

JORDAN UNIVERSITY

CONVENTION / ACCOMMODATION ZONE

AMENITIES / AMPHITHEATRE

CULTURAL INSTITUTIONS