08:00 - 09:00 Registration and welcome refreshments

09:00 - 09:05 Recitation of the Holy Quran

09:05 - 09:10 Welcome address by naseba and the summit master of ceremony Aby Thomas

Managing Editor Entrepreneur Middle East-BNC Publishing

09:10 - 09:20 Welcome address by Riyadh Valley Company Chairman

His Excellency Prof. Badran Al Omar Chairman Riyadh Valley Company and Rector of King Saud

University

09:20 - 09:30 Presentation Venture capital in Saudi Arabia

His Royal Highness Prince Turki bin Saud bin Mohammad Al Saud President King Abdulaziz City for Science and Technology (KACST)

DAY ONE – OCtObEr 25th 2015

Event by In partnership with

October 25th - 26th 2015 Riyadh, Saudi Arabiawww.menavcsummit.com

MENA Private Equity & Venture Capital Summit

09:30 - 10:20 Panel discussionInnovation, startup and funding: The role of the government and public entities in creating the right funding ecosystem for entrepreneurial and start-up businesses

We all know that finding finance for a start-up business is difficult, because there is a high risk that the entrepreneur might fail, and few investors are willing to take such risk.

Start-up funding for innovative entrepreneurs often comes from the entrepreneur, friends, professional contacts and family. Increasingly, investment from business angels (wealthy individuals) and venture capital firms is an option for manyentrepreneurs.

From the regulation of the labour market to creating innovationhubs and investing in human capital and education to providing early stage funding; government and public entities are key players in developing the main attributes of a well versed ecosystem that fosters innovation and entrepreneurship.

Moderator:

YousefAlyousefi Investment Operations Manager Saudi Technology Development and Investment Co. (TAQNIA)

Panelists:

His Excellency Dr. Abdulrahman Al-Ibrahim Governor Saline Water Conversion Corporation (SWCC) Chairman Board of Water and Electricity Co. (WEC)

His Excellency Dr. Tariq Abdullah Al Naeem Deputy Minister of Internal trade Ministry of Commerce and Industry

His Excellency Abdullah Ali Al Marwani Assistant Deputy of Planning Ministry of Economy and Planning

10:20 - 11:05 Panel discussion Enable VC investment through technology transfer

In today’s increasingly knowledge-based economy, regions win when they are able to cultivate vibrant entrepreneurial ecosystems, because these are the settings that attract intellectual and financial capital. Talent and investments are mobile, and they will cluster in regions where collaboration runs high and innovation is encouraged.

Technology transfer success can truly be measured by the outputs of research activity that result in commercialization events.

Venture capital comes in many forms and is needed at many levels of business formation, and together it represents a measure of success for a region’s technology transfer performance.

Moderator:

Trey Goede head of Portfolio Management Aramco Entrepreneurship Ventures

Panelists:

Dr. Khalid Al Saleh CEO Riyadh Valley Company

Youssef Haidar Partner and Managing Director TVM Capital Healthcare Partners

Prof. Halim Hamid Redhwi CEO Dhahran Techno-Valley Company (DTVC)

Jambu Palaniappan regional General Manager for the Middle East and Africa Uber

Rashid Al Ballaa COO and executive board member National Technology Group (NTG)

11:05 - 11:45 Case studies From investment to successful exit

Fadi Ghandour Founder Aramex Executive Chairman Wamda Capital case study on Maktoob and how to successfully exit an investment

Richard MacKellar Managing Director Chrysalix Energy Venture Capital case study on Glasspoint

Mark Kerstens ChiefSales&MarketingOfficer,ActingCFO Solexel case study on Solexel Sota Nagano ChiefFinancialOfficer GLM Co.Ltd case study on the first EV sports car Company to be accredited as an auto manufacturer in Japan

11:45 - 13:00 Prayer, coffee break and one-to-one business meetings

13:00 - 14:50 Elevator pitches Listen to selected investment opportunities pitch their ideas on stage and select the ones you’d like to meet.

14:50 - 15:40 Panel discussion Challenges and opportunities in early stage funding today

Some of the main challenges that start-up companies are facing include small pool of active investors, low level of funds raised and investments made, deficit to make follow-on investments and the scarcity of private money in early stage, among many others.

But the highest ranked issue is the fact that there is too few venture fund managers with adequate skills and experience.

Early-stage activity requires specialized skills sets relevant to building companies, including operating experience. However, within the GCC specifically, in the past few years we’ve seen private and public entities setting up seed and VC funds ready to be deployed immediately. This is due to the increasing understanding of the huge opportunities that early stage investment, locally or internationally, can accelerate economic diversification, provide access to new technologies and ultimately provide a huge return on investment.

This panel will discuss and analyze: How to overcome the challenges of getting funded What investors are looking at when selecting early stage

investments

Moderator:

Ozan Sonmez New Ventures & hikmah IP Accelerator KAUST

Panelists:

Dr. Abdelhakim Hammach Managing Director Investment Riyadh Valley Company

Nawaf Al Sahhaf CEO Badir Program for Technology Incubators, King Abdulaziz City for Science Technology

Dr. Ahmed Emara CEO & Managing Director ReAya Holding

Dr. Abdul Aziz bin Hamoud Al-Mutairi Director General The Centennial Fund

Paul S Thurk Managing Director ARCH Venture Partners Europe

James H. Boettcher General partner Focus Ventures

15:40 - 16:40 Networking lunch and open business meetings

16:40 - 17:25 Panel discussion - Focus on the investors How to access the best investment opportunities

The same way companies can struggle in finding the right investors to approach, investors need to get creative in order to access the right opportunities.

The panellists will be sharing their experiences when it comes to sourcing quality deal flow. It is quite well known that if you’relooking at VC funding, USA and California specifically will be themarket you will approach first.So, how a GCC based venture capital or private equity investor get his hands on the next big opportunity?

Are you waiting for the opportunity to fall on your desk? Are strategic partnership with top universities a good option? Are GPs the only viable option? What other option is available to bridge the gap?

Moderator:

David Spreng Founder GSV Growth Credit

Panelists:

Fadi Ghandour Founder Aramex Executive Chairman Wamda Capital

Dr. Mussaad Al Razouki ChiefBusinessDevelopmentOfficer Kuwait Life Science Company (KLSC)

Cyrille Arnould Head of Global Energy Efficiency and Renewable Energy Fund European Investment Bank

Ian Proctor Managing Director technology Commercialization Dhahran Techno Valley Company (DTVC)

Ihsan Bafakih CEO Mohammed I. Alsubeaei & Sons Investments Company (MASIC)

DAY tWO – OCtObEr 26th 2015

08:00 - 09:00 Registration and networking breakfast

09:00 - 09:10 Welcome address

09:10 - 10:10 Panel discussion What needs to be done to transform the GCC countries into VC hotbeds?

Attracted by exceptional growth opportunities that require substantial funding, VC and PE investors are currently shifting their focus from “traditional” VC and PE countries toward emerging countries.

But what are the key drivers that investors cite as most important in shaping a country’s VC markets and thus determine the relative attractiveness of a country for investment in VC/PE assets?

Ernst & Young defined those drivers as being: economic activity,depth of capital markets, taxation, investor protection and corporate governance, human and social environment, entrepreneurial culture and opportunities.This panel discussion will discuss in details:

What are the best practices of VCs in the developed economies?? How can we promote the VC investment in GCC?

Moderator:

Dr. Abdelhakim Hammach Managing Director Investment Riyadh Valley Company

Panelists:

Nicola Bettio Manager KAUST Innovation Fund (King Abdullah University of Science and Technology)

Youssef Haidar Partner and Managing Director TVM Capital Healthcare Partners

Mike Woollatt CEO Canadian Venture Capital and Private Equity Association

Dr. Abdulla Elyas CoFounder & Managing Director Careem Inc

Todd Ruppert Venture partner Greenspring Associates

10:10 - 10:30 Presentation VC and PE as a new opportunity for corporate investors: deploying your capital

Venture capital exploded in 2014 and 2015, with bigger deals and more eye-popping valuations than any time since the dot-com boom. So what will happen next, and which opportunities will define 2016?

Many large corporations are increasingly of the view that sourcing the best innovation from outside sources is the key to developing a competitive advantage. Procter & Gamble, for example, has a goal of obtaining 50% of its innovation from outside the company.

The opportunity for corporate investors can be divided into 2 main stream; financial (prospect of an attractive ROI) and strategic (access new markets, tap into new talent, diversify, acquire new technology).

Bruce Niven Chief Investment Officer Aramco Energy Ventures

10:30 - 11:30 Panel discussion What are the top trends for VC investments?

Global venture capital funding topped $86 billion in 2014. That’s somewhere in the neighborhood of a 50% increase over 2013.

But the number of deals declined, meaning the deals are on average getting a lot bigger.

Another interesting trend is the growth in strategic investmentsfrom corporations sitting on record hordes of cash. The usual suspects leading the pack of VC firms, including New Enterprise Associates, Kleiner Perkins, Andreessen Horowitz, Accel Partners, Sequoia Capital, and Greylock Partners.

Regarding industry trends, more venture funding is flowing into software than the next five industries combined, which incidentally are media and entertainment, biotechnology, consumer products and services, medical devices and equipment, and IT services.

On the energy side “It has been no secret that cost of renewable energy has been dropping, with for example solar PV prices having gone from $500/ Mwh to $200 Mwh in the last 5 years. According to industry forecasts, this price drop is only the beginning, and it is not just a phenomenon related only to locations with high solar radiations.” The massive substitution of centralized utility scale fossil fuel based power plants by small, decentralized PV installations is already having a considerable impact on the power generation value chain, with important implications for investors. The income stability, bankability and inflation protection offered by renewable energy projects is making them an attractive asset class for investors not traditionally attracted to renewable energy. The emergence and wide popularity of yieldcos, offering these assets to the public, are providing investors with a liquid alternative for gaining exposure.

Key questions that will be discussed: Will those trends continue in 2016 and beyond? How can you benefit from those trends? What should you be focusing on for 2016? How will renewables as an asset class evolve over the next 3-5 years? What are the implications for asset managers and investors alike?

Moderator:

Eng. Mohammed Al Faris Vice President, Business Analysis and Project Evaluation National Industrial Clusters Development Program (NICDP)

Panelists:

Martin Nagell Head of Asset Management Masdar Clean Energy

James H. Boettcher General partner Focus Ventures

Nicola Bettio Manager KAUST Innovation Fund (King Abdullah University of Science and Technology)

Richard MacKellar Managing Director Chrysalix Energy Venture Capital

Mike Woollatt CEO Canadian Venture Capital and Private Equity Association

11:30 - 12:30 Prayer, coffee break and one-to-one business meetings

12:30 - 12:50 Case study Successstoriesinfindinginvestors

Khalid al Zahrani CEO CallTech Case study on CallTech

Mohammed Alghathber CEO Knowledge Developers Company Case study on Knowledge Developers Company

12:30 - 13:30 Panel discussion How LPs are taking advantage of global trend and how international GPs can access GCC based LPs?

There is an increase in entrepreneurial business owners looking for strategic partners to help take their company to the next level. This acceptance is providing an interesting opportunity, as PE and VC are seen as a viable investor to help maximize profit and market reach. GCC’s limited partners are increasingly investing in alternative assets as their funding needs evolve and they seek higher returns. However, actual commitment levels have been low; so will we see in the near future domestic LPs backing the asset class to deliver returns?

It is well known that GCC countries are one of the most liquid countries and there is no doubt that everyone is looking at the region when looking to raise fund. But what are local investors looking for? What is the best way to approach them? What are the specificities of the GCC based LPs?

In this session, a panel of leading domestic investors and international GPs will discuss how they perceive each other, how did they come to get acquainted and what are the most important characteristics they look for in each other profile. This panel discussion will discuss local investor’s investment strategy, portfolio construction philosophies and thoughts on committing to private equity and venture capital.

The main points that will be addressed are: How to understand and approach the GCC LP decision process? Capital preservation vs maximizing returns - Understanding the risk appetite of the LP Understanding the gatekeeper - role of advisors in the GCC investors landscape LPs interest in who else is investing - GCC specificity

Moderator:

Todd Ruppert Venture partner Greenspring Associates

Panelists:

Ghazi Ben Othman Head of Asset Management & Managing Director Private Equity Malaz Capital

Stuart Schonberger Founding Partner and Managing Director CDH Investments

Dr. Abdelhakim Hammach Managing Director Investment Riyadh Valley Company

13:50 - 14:00 Closing remarks

14:00 Networking lunch and end of day two

Disclaimer: This document is for promotional purposes only and shall not be considered contractually binding. The content of the event, its dates, venue, agenda or speakers may be subject to change during the course of the event’s preparation.