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The development of ICT for jobs creation Business Incubators as a strategic choice for jobs creation By : Mohammad Allam Al-Qaed Bahrain Business Incubator Center Giza, Egypt

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The development of ICT for jobs creation

Business Incubators as a strategic choice for jobs creation

By : Mohammad Allam Al-QaedBahrain Business Incubator Center

Giza, Egypt

• Rich dad poor dad

• ARABS theory of MA?

• Youth growth and governments as employers.

• Incubators Services.

• Trends in incubators.

• MENAinc map.

• Soft landing.

Why do we go to school?

Unemployment in MENA

Schools

University

Job (Government / Company)

Retire

Schools

University

Practical Experience

Management Training

Start Up Enterprise.

Growth.

Venture Capital / Get Finance

Another Start up

Venture Capitalist/ Business Angel

Retire…. I Don’t Thik so

Traditional Vs. Entrepreneurial Career Path

Failure

• Failures should always be considered as a symptom of innovative opportunity.

• Failures are mistakes, the result of greed, stupidity, thoughtless and incompetence.

P.F Drucker

Source : infodev.org

idisc.net

Human ingenuityMarkets

Social and Economic Wealth Creation

Skills Innovation

Innovation & Entrepreneurship Eco-System

Innovation & Entrepreneurship Eco-System

Policy Regulation

Finance

Business

Infrastructure

Skills

Entrepreneurs

Technology Parks

Incubators

Academia

Human ingenuity

Skills Innovation

Social and Economic Wealth Creation

Markets

Source : infodev.org

idisc.net

Policy Regulation

Finance

Business

Infrastructure

Skills

Entrepreneurs

Technology Parks

Incubators

Academia

Human ingenuity

Skills Innovation

Social and Economic Wealth Creation

Markets

Source : infodev.org

idisc.net

Innovation and Entrep.Eco System

Incubators Services

Incubators and Jobs Creation

• Long term tool

• Starts with securing job for the entrepreneurs then they will be employers.

• 2002 BBIC initial thought to establish an ICT incubator. Market survey shoed different demand.

• 2010 Expansion more offices.

• 2013 Now ICT incubator RUKEN ME, new concept is born

Story from Bahrain

• Incubator have achieved to create new rule for Academic professors to start businesses.

• More than 40, 000 employees.

Story from Turkey

Statistics from MENAinc

• More than 200 incubators in MENA…still counting.

• In contact with 140

Verified Incubators vs Not Verified Incubators and STP's

0

5

10

15

20

25

30

35

40

Bah

rain

Tun

isia

Syri

a

KSA

UA

E

Om

an

Qat

ar

Ku

wai

t

Mo

rocc

o

Jord

an

Leb

ano

n

Yem

en

Lib

ya

Egyp

t

Pal

esti

ne

Turk

ey

Alg

eria

Sud

an

Sou

thsu

dan

Iraq

Som

alia

Mau

rita

nia

4

40

5

24

9

3 31

1815

31

5

20

7 8

41 0

30 01

10

6

1

10

4

02 3 2 1 1 0 0

5 42 2

03

0 1

Verified Not Verified

Total Number of Incubators in MENA Region

5

50

11

25

19

73 3

2117

42

5

20

12 12

63

0

6

0 10

10

20

30

40

50

60

Bah

rain

Tun

isia

Syri

a

KSA

UA

E

Om

an

Qat

ar

Ku

wai

t

Mo

rocc

o

Jord

an

Leb

ano

n

Yem

en

Lib

ya

Egyp

t

Pal

esti

ne

Turk

ey

Alg

eria

Sud

an

Sou

thsu

dan

Iraq

Som

alia

Mau

rita

nia

Number of Incubators by Sector

62

21

7

41

23

2

57

1 2 3 10

10

20

30

40

50

60

70

Incubators Networks

• ARTECNET

• infoDev Global Network

• MENAinc

• SPICE Group

We can connect you with others in the globe

The development of ICT for jobs creation

Business Incubators as a strategic choice for jobs creation

By : Mohammad Allam Al-QaedBahrain Business Incubator Center

Giza, Egypt