GIC - Vision Presentationpubdocs.worldbank.org › en › 474461525963027527 ›...
Transcript of GIC - Vision Presentationpubdocs.worldbank.org › en › 474461525963027527 ›...
iTechpreneurshipCreating Chaos to Avoid Chaos
TM
3
KAMRAN ELAHIANINNOVATION CATALYST
Global High Tech Entrepreneurship25 years
•Co-founded 10 companies• CAE Systems: acquired by Tektronix
for $75M
• Cirrus Logic: IPO at $150M; peak at $3.5B
• NeoMagic: IPO at $300M; peak at $700M
• Centillium: IPO at $700M; peak at $4B
Venture Capital15 years
Global Catalyst Partners: Chairman and Co-founder
• Global high tech VC Fund ($350M), investments in U.S., Japan, China, India, Israel & Singapore
• Beceem: acquired by Broadcom for $330M
• Founding Board Member, SoundHound
Global Philanthropy 22 years
• Global Catalyst Foundation: Chairman and Co-founder - Leverage ICT for Youth Education & Empowerment of Women
• Relief International-Schools Online: Chairman Emeritus – Provided computers and access to the Internet for 6400 schools in 36 countries, assistance to refugees, 2000 employees, $45M annual budget
• UNGAID: Former Co-chair - United Nations Global Alliance for use of ICT in Development
Innovation Catalyst
• Advisor to various governments: fossil based economy→innovation economy, Global Innovation Catalyst, LLC
• Former Advisor to the Government of Singapore
• Global Innovation Advisor, 500Startups
• Founding Mentor, Unreasonable Group and Unchartered
• Founding Advisory Board Member, Harbour.Space University
• Chairman of Advisory Board, GVA
• Advisory Member, Seedstars World
• Advisory Member, UNICEF Innovation Fund
MEGA TRENDS
FALLING OIL AND GAS PRICES
IMPACTED COUNTRIES
OIL REVENUE, % of GDP 2013
GAS REVENUE, % of GDP 2013
IMPACTED COUNTRIES
IMPACTED COUNTRIESFOSSIL BASED ECONOMIESAMENA (ASIA AND MENA)
IMPACTED COUNTRIESOVERLAP WITH MUSLIM MAJORITY COUNTRIES
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High Tech Innovation is changing the world. High Tech companies from Silicon Valley are dominating the market and creating sustainable Innovation Economies.
A NEEDED TRANSITION
From Fossil Economies to Innovation Economies
Manual
Mechanical
Electro-Mechanical
Software
Content
Micro-Electronic
IT Innovation Value
Timing Innovation Value
MEGA TRENDS
FINANCE: MANUAL
FINANCE: MECHANICAL
FINANCE: ELECTRO-MECHANICAL
FINANCE: MICROELECTRONICS
FINANCE: SOFTWARE
FINANCE: CONTENT
BUILDING INNOVATION ECONOMIESBuilding Innovation Economies
VISION
Connecting the Region with the iAMENA Resources to Create:
10 MILLION INNOVATION JOBS IN 10 YEARS
CREATE 10 MILLION INNOVATION JOBS
500K StartupsPre-Accelerated
BUSINESS FORMATION
250K Companies Accelerated
GROWTH & EXPANSION
100K Companiesw/100 Employees
VALUE CREATION & HARVEST
50M Youth
INSPIRATION
1M Entrepreneurs
CONCEPT FORMATION
iTechpreneurship: High Tech Entrepreneurship Leveraged by Broadband Internet
Investment in iTechpreneurship
Social iTechpreneurship and Social Impact Investment
THREE PARALLEL TRACKS
Mentor & Resource Networks
Innovation Capital
Policy & CulturalSupport
Broadband & Energy
Education & Professional
Development
Human Capital Development
Func
tiona
l
Mar
ket S
yste
m
Tech
Infrastructure
Create 10M Jobs in Innovation Economies
BUILDING AN INNOVATION ECOSYSTEM
Mentor & Resource Networks
Innovation Capital
Policy & CulturalSupport
Broadband & Energy
Education & Training
Human Capital Development
Func
tiona
l
Mar
ket S
yste
m
Tech
Infrastructure
Create 10M Jobs in Innovation Economies
BUILDING AN INNOVATION ECOSYSTEM
EDUCATION & PROFESSIONAL DEVELOPMENT
I
THE UNIVERSITY OF THE FUTURE
BUSINESS SCHOOL
INNOVATION ECOCSYSTEM LABENGINEERING
SCHOOLInternet Cafe Co-Working
Space Incubator
Accelerator Fab-Lab Micro Fund
New Venture Development Program
STANFORD EDUCATION and credentials to every region of the world
MOBILE FRIENDLY and designed for complete online delivery
5-MINUTE VIDEOS provide the optimal length for retention and accessibility
STUDIO QUALITY 4K resolution designed for clarity
EXPERIENTIAL LEARNING centered on collaborative projects
MODULAR FORMAT allows for creation of localized content and simple translation
����������� from Stanford University
NEW VENTURE DEVELOPMENT
STRATEGY & PLANNING
OPPORTUNITY ASSESSMENT
PRODUCT
MARKET FIT
BUSINESS MODEL
ARCHITECTURE
GO TO MARKET
PRODUCT
DEVELOPMENT
METRICS
& MILESTONES
FINANCIAL
MODELING
VENTURE CAPITAL & EQUITY
INVESTING
FUNDRAISING & OWNERSHIP
DYNAMICS
PITCHING
& STORYTELLING
OPPORTUNITY DEVELOPMENT
ORGANIZATION &EXECUTION
A1
A2
A3
B4
B5
B6
C8
C9
C10
B7
Pedagogy is anchored on the culmination of 30 years of entrepreneurial
education from the institution at the heart of Silicon Valley
Novel Blockchain-Based Management Solution
SMART CONTRACT enables autonomous, multi-party trusted agreement
EDUCATION COIN is a custom single purpose token that is non-speculative
IMMUTABLE & TRUSTED system offers persistence and security, without a single-point of failure
TRANSPARENCY & ACCOUNTABILITY across life-cycle of token allows monitoring, analytics and validation
���������� for credentialing, payment, & management
MENTOR & RESOURCENETWORKS
II
Enabling efficient and effective communication between innovative individuals across the world
Expert professionals that seek to give back and contribute to
society
Young entrepreneurs that seek expert help
Mentor
Mentee
Welcome to Catalysh
Flash mentoring
������������ for ecosystem development
INNOVATION CAPITAL
III
Early Stage Lab$20M
Late Stage Fund$50M
Mid Stage Fund$20M
TYPICAL FUND OF FUNDS STRUCTURE
DEVELOPMENT, EDUCATION, & SUPPORT• Salaries & Overhead• Workshops & Training• Incubator/Accelerator & Co-working Space• Conferences & Travel
WORLD BANK + MATCHING FUNDS ($100M)
D, E & S$10M
INNOVATION ECOSYSTEM LAB• Fund of Nano-Funds
INNOVATION FUND• Mid-Stage Fund of Funds
FOLLOW-ON Fund• Later stage, private equity
type fund
INNOVATION ECOSYSTEM LAB
$20MFund
of Funds
Creates 10 Micro-funds of $2M
Each Fund Trains 3 Fund Managers
-> 30 Fund Managers
Each Fund ����Invests$20K in 100 Companies
-> 1,000 Startups
Each Startup Hires ~10 Employees -> ~10,000 Innovation Jobs
POLICY & CULTURAL SUPPORT
IV
CONCEPT FORMATION BUSINESS FORMATION GROWTH & EXPANSION VALUE CREATION & HARVEST
IDEAL INNOVATION ECOSYSTEM
* SPI (Social Progress Index - www.socialprogressimperative.org)
•Academic / Research Centers– Grants– Papers•Garage Entrepreneurs•Company Spin-Offs• Incubators
• Incubators/•Accelerators•Angel Investors– Seed Funding– Convertible Debt•VC Funds– Early Stage– Series A• Legal & Accounting Services
•VC Funds– Mid & Late Stage– International VCs•Multi-National Companies– International Distribution– Joint Ventures•Global Legal & Accounting Services
•VC Funds Late Stage• Investment Bankers•Multi-National Companies•Global Legal & Accounting Services
• Founding Team •Product Concept•Create Jobs
•Company Formation•Management Team•Product Development•Go-to-Market Strategy
•Revenue Generation•Scale-Up Production/Service•Dominate U.S. Market•Expand to China/Japan
• Increase Revenue•Achieve Profitability•Expand to Europe/Russia & India•M&A• IPO
• Innovation Culture• Increase SPI
• Innovation Culture• Increase SPI•Create Innovation Jobs
• Innovation Culture• Increase SPI•Create Innovation Jobs• Increase GDP
•New Product / Service that Benefits Society•Significant SPI•Significant GDP• Jobs, Jobs, Jobs
ENABLERS
ACTIVITIES
SOCIAL
IMPACT
The best way to predict the future is to create it.
Peter Drucker