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 • 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 Traditional Vs. Entrepreneurial Career Path Schools Schools University Practical Experience University Management Training Start Up Enterprise. Job (Government / Company) Growth. Venture Capital / Get Finance Retire Another Start up Venture Capitalist/ Business Angel Retire…. I Don’t Thik so 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 Innovation & Entrepreneurship Eco-System Social and Economic Wealth Creation Human ingenuity Markets Skills Source : infodev.org idisc.net Innovation Innovation & Entrepreneurship Eco-System Finance Infrastructure Social and Economic Wealth Creation Policy Regulation Human ingenuity Markets Skills Innovation Skills Technology Parks Academia Business Source : infodev.org idisc.net Incubators Entrepreneurs Innovation and Entrep. Eco System Finance Infrastructure Social and Economic Wealth Creation Policy Regulation Human ingenuity Markets Skills Innovation Skills Technology Parks Academia Business Source : infodev.org idisc.net Incubators Entrepreneurs Incubators Services Incubators and Jobs Creation • Long term tool • Starts with securing job for the entrepreneurs then they will be employers. Story from Bahrain • 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 Turkey • Incubator have achieved to create new rule for Academic professors to start businesses. • More than 40, 000 employees. Statistics from MENAinc • More than 200 incubators in MENA…still counting. • In contact with 140 Verified Incubators vs Not Verified Incubators and STP's 40 40 35 30 24 25 20 18 20 15 15 1 2 0 1 3 2 31 11 5 5 0 0 Egypt 1 34 3 7 8 Libya 5 56 4 Morocco 10 910 Kuwait 10 4 4 33 2 12 00 00 01 Verified Not Verified Mauritania Somalia Iraq Southsudan Sudan Algeria Turkey Palestine Yemen Lebanon Jordan Qatar Oman UAE KSA Syria Tunisia Bahrain 0 0 1 Mauritania 0 Somalia Iraq 3 Southsudan 6 Sudan 5 Algeria 11 Turkey 17 Palestine 21 Egypt 2 Libya 4 Yemen 7 Lebanon Jordan 19 Morocco 3 Kuwait 0 3 Qatar 5 Oman 20 UAE 30 KSA Syria 50 Tunisia 10 Bahrain Total Number of Incubators in MENA Region 60 50 40 25 20 12 12 6 Number of Incubators by Sector 70 62 57 60 50 41 40 30 23 21 20 10 0 7 2 1 2 3 1 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-Qaed Bahrain Business Incubator Center Giza, Egypt