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QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

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Page 1: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRCE Overview

Programs & Activities

Page 2: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

Executive Summary

Queen Rania Center for Entrepreneurship is a non-profit organization established in 2004 to help develop Technology Entrepreneurship in Jordan. The Center is part of Princess Sumaya University for Technology, and plays the role of a national Center of Excellence for Entrepreneurship.

As part of QRCE strategic plan, the Center is implementing a comprehensive initiative focusing on four key areas: Networking, Recognition & Awareness, Capacity Building & Support, and Funding.

Over the last 10 years, the center has organized many activities that benefited thousands of entrepreneurs, professionals & students in Jordan. QRCE key programs are: Queen Rania National Entrepreneurship Competition (QRNEC); Industry University Linkage Competition & Program (MIJ); Entrepreneurship University Clubs (DART) ; Global Entrepreneurship Week (GEW).

Page 3: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

El Hassan Business Park (EHBP)

Startups Value Chain

Entrepreneurship Development

Programs

• Think about starting (4th Choice)

• Identify Opportunities/Gaps and develop plans

Enterprise Creation Programs

• Help to start:

• Incubation

• Seed funding

• Capacity Building (Training & Mentoring)

Enterprise Growth Activities

• Help to grow:

• Growth Funding

• Linkages

• IP Support

Page 4: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

10 Years Ecosystem

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Incubation

Entrepreneurship Development

IP and Commercialization

Angel Funding

Page 5: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRCE Linkages with Jordan’s

Entrepreneurship Ecosystem

1

Think about starting

•Cultural Orientation

2

Identify opportunities/

Gaps and develop plans

•Planning and Research

3

Start with lower cost/risk and get support/funding

•Incubators / Accelerators/ Angel Investors/ VCs/ Grants

4

Grow / Exit

•Financial Markets / M&A

Page 6: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

Programs

Entrepreneurship Education Program

QRCE Startup Support Program

+

Enterprise Creation

& Growth Programs

-

- Entrepreneurship Development Programs +

Page 7: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

Global Entrepreneurship Week

In 2010, GEW Jordan was ranked 1st regionally and 16th globally (out of 100 countries) based on number of Partners, Activities and

Participants.

Green Entrepreneurship

Technology Entrepreneurship

Social Entrepreneurship

Women Entrepreneurship

University Entrepreneurship

Microbusiness

Page 8: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

DART - Entrepreneurship University Clubs

Culture Bridging The Gap

Capacity Building

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

DART = Dream, Aim, Reach and Target.

Why: Develop the next generation of business leaders

DARTNetworkcoversover75%ofJordanian

UniversityStudents

Page 9: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

Industry University Linkage Competition

• Technical Problems & Needs

Industry/Private Sector

• Linkages Competition

• Research Projects (Faculty & Students)

• Graduate Thesis & Dissertation (Master & PhD Programs)

• Senior Design Projects (Bachelor Programs)

Universities

Page 10: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRCE Startup Support Program

Startups

• Access to Markets

• Access to Funding

• Support in R&D /Technical Needs

• Government Support

• Coaching and Mentoring

• Linkages

• PR

Support Program

Ecosystem

• Markets

• Funding Programs

• Investment Programs

• Government Agencies

• Universities

20 startups to be supported annually to

grow and expand

QRCE Startup Support Program

Page 11: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

Entrepreneurship Education

ProgramFull Training Resources for Teaching Entrepreneurship at Arab Universities

•Presentations (Arabic/English)

•Guides (Arabic/English)

•Videos & Case Studies

An online portal to help in supporting the delivery of

workshops

TOT Workshops / Support the delivery

Continuous Evaluations & Assessment

ك في النواحي التالية: درت ك و ق مع نهاية الوحدة، ستطور معرفت

دة و القيام بالبحث فيها كرة عمل جي د ف حتدي

ك أخذ اخلطوات الالزمة لتأسيس عمل

ك من جميع اجلوانب تخطيط كيفية إدارة عمل

إدارة األعمال و املهمات اليومية للمشروع

ك كتابة خطة عمل متينة لتوجيه عمل

By the end of this course, you will be able to

Identify a good business idea and research it

Take the steps needed to start up your business

Plan how you will run each area of your business

Manage the day-to-day running of your business

Write a solid business plan to guide your business

اخلطة التفصيلية

دمة ١- املق

(٣ ساعات) دمة املق ريادة األعمال

٢- األساسيات

(٢٠ ساعة) دء في العمل الب

/ ك تطوير مشروعك عمل ك إدارة عمل

درات مهمة ٣- ق

(١٠ ساعات) منوذج العمل ادارة املشاريع

التميز و النمو باملشروع

٤- متحدثني و خبراء

(٤ ساعات) متحدثني قصص جناح التمويل للمشاريع

كرية كية الف امللللمشاريع

املتطلبات القانونية لتاسيس الشركات

٥-مسابقة خطط األعمال و إختتام

(٥ ساعات) البرنامج الطلبة ينقسمون الى فرق لتطوير خطط عمل تتنافس في نهاية البرنامج

Program Structure

Part 1: Introduction

(3 Hrs)

Program Introduction

Entrepreneurs-hip

Part 2: Foundation

(20 Hrs)

Getting Started in Business

Developing your Business

Running your Business

Part 3: Selected Capabilities

(10 Hrs)

Business Model Design

Project Management &

Managing Teams

Business Excellence

Part 4:

Speakers

(4 Hrs)

Guest Speaker Startups Success Stories

Funding for Startups

Intellectual Property for

Startups

Requirements for

Establishing a Business (Jordan)

Part 5: Business Plan Competition

& Wrap-Up

(5 Hrs)

Teams to develop business plans and get mentoring and advice and compete on national level

Entrepreneurship Education Program

Page 12: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

Other Programs

Technology Commercialization

Program (TCP) (2005-08)

Global Business Opportunities Program

(GBO) (2009)

Intel Youth Enterprise Program (2012)

GEW-Photo Contest (2011)

GEW-CleanTech Open Competition (2011)

GEW-Creative Business Cup Competition (2012)

Systematic Innovation Program (Triz) (2007-09)

GEW-Business Model Competition (2014)

Page 13: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

+100 Seminars & Workshops

Page 14: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRCE Track Record

+$30M• Valuation for the

supported companies.

+$4M• Annual incomes for the

supported companies.

+1.5 M• People reached via

media campaigns in the country

+25K• People participated in

Networking activities

+3.7K• People participated in

Bootcamps, Workshops & Mentoring programs

+250• Jobs were created

+100• Training Workshops &

Seminars organized

+100• Startups & Projects

supported

+15• National Conferences &

Competitions organized

Page 15: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

Selected Partnerships (2008-2014)

Government & Donors

Non-Profit Organizations

Private Sector

Page 16: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRCE Entrepreneurship Development BootCamp &

QRCE Mentoring Program

2015

Page 17: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Objectives

A unique training & mentoring program that runs over 3 months in which participants are selected to be engaged in an intensive sessions to achieve specific goals.

These goals are focused on encouraging, developing and sustaining their entrepreneurial spirit and improving their management capabilities.

Training Components will be delivered through series of workshops over 2 weeks period. This will be followed by mentoring sessions for 2 weeks period.

The program will assist Jordanian technology startups to grow and develop their operations, and move the companies to the next level of maturity.

Page 18: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Concept

• The competition is designed to:

Create more awareness on potential opportunities in technology startups and recognize innovative and outstanding technology business ideas, plans and startups

Develop entrepreneurial skills for the competition participants 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 implementation level

Page 19: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program – New Approach

Graduating entrepreneurs who will be invited to join QRCE’s innovation lab in order to further grow their businesses and

become the future success stories of Jordan!

Page 20: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Key Benefits

• Meet people who want to start and support great companiesNetworking

• Develop your skills and knowledge through Bootcamps and mentoring programCapacity Building

• Get the recognition you need to create more awareness and build more credibility Recognition

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

Funding

Page 21: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Categories

Universities Track

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

Pre-Startup Track

• Project still in the concept level, without a Business Plan or a commercial team

Startup Track

• A basic business plan exits, and commercial activities initiated

• Company established & registered 3 years or less

• Number of employees is less than 12

Page 22: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Areas (Technology)

Digital Technology &

Related• Online Products

& Services

• Digital Media and Entertainment

• Software & IT Services

• Mobile

• Consumer Electronics

• Networking & Equipment

Clean Technology &

Related• Renewable

Energy

• Recycling

• Air & Water Technologies

• Sewage & Waste

• Other Environmental Technologies

Life Sciences & Related

• Biotechnology

• Pharmaceuticals

• Healthcare

• Medical Devices and Equipment

• Agriculture

Advanced Technologies &

Other• Industrial

• Nanotechnology

• Construction

• Security & Defense

• Technology Enabled Services

• Other related Applied & Engineering Areas

Social Innovation

• Work Environment

• Education

• Community Development

• Socio-healthcare services

Page 23: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - History

1st QRNEC

• Basic Concept Developed

2nd QRNEC

• Larger competition

3rd QRNEC

• New Categories & Special Awards

4th QRNEC

• More focus on startups

5th QRNEC

• More focus on Universities, Schools & Social

6th QRNEC

• More Focus on Governorates

Page 24: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Winners & Finalists

ICT

CleanTech & Others

!!!

The purpose of this document is to outline a summary business plan for Applikable Technologies LLC and the specific business plan of “UniApp”; a key product of the company, and that is for the year. All contents of this document have been developed and documented at the premises of Applikable Technologies LLC and by it’s personnel. Contents of this document shall remain confidential and not to be shared with individuals and/or organization external to those who have been provided with it first-hand by an Applikable Technologies LLC representative.

2  

Page 25: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Process

QRCE Open Innovation Lab

Late April

Final Round Judging & Award Ceremony (Winners)

April

Round 2 Judging (Top 20) Mentoring

Mid March

BootCamp

February/March

Business Model Canvas Training Round 1 Judging (Top 50) based on 2-5 mints PPP

January/March

Competition Launching & Marketing Campaign

Page 26: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - TimelineTimeline Activity

Jan 11, 2015 Soft Launching/Social Media Marketing

Jan 18 – Mar 5 Official Launching & Marketing Campaign

Jan 29, 2015 Starting Applications Submissions

Feb 28, 2015 Applications Submissions Deadline

Mar 3, 2015 Business Model Canvas Training

Mar 8, 2015 Business Model Canvas Submissions Deadline

Mar 10, 2015 Submissions Screening & Selection based on (2-5 mints PPP)

Mar 15-26 Entrepreneurship Development BootCamp

Mar 15-26 (Online) North (Irbid) Bootcamp/South BootCamp

Apr 4, 2015Finalized Business Model & Business Plan Summary Submissions

Deadline

Apr 5-9 Second Phase Judging

Apr 11-25 Mentoring & Coaching

April 27, 2015 Final Business Plan Submissions

April 29-30 Judging Presentations

TBC Award Ceremony

Page 27: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Timetable

QRNEC Entrepreneurship Development BootCamp 2015

Saturday Sunday Monday Tuesday Wednesday Thursday Friday

15-Mar 16-Mar 17-Mar 18-Mar 19-Mar 20-Mar

Program

Introduction &

Business

Innovation

Entrepreneurial Soft

Skills

Startups Business

Development &

Market Research

Customer DevelopmentProduct

Development

21-Mar 22-Mar 23-Mar 24-Mar 25-Mar 26-Mar 27-Mar

Business Planning Financial

Management

Sales and Marketing

(offline & online)

Managing People, intellectual

Property & Exit Strategies

Business Model

Review and

Revision

Page 28: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program - Structure

QRCE Entrepreneurship Development BootCamp

2015

• 40-60 Hours of Training

QRCE Mentoring Program

• 4-6 Sessions of Mentoring

Page 29: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

QRNEC Program – Media Partners

Page 30: QRCE Entrepreneurship Development BootCamp 2010 & QRCE ... Dissertation (Master & PhD Programs) ... Bootcamp/South BootCamp Apr 4, 2015 Finalized Business Model & Business Plan Summary

THANK YOU!