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MIT REAP Team Dubai’s focus is on the Emirate of Dubai in United Arab Emirates (UAE). The team has strong and diverse representation from all stakeholder groups including The Executive Office of HH Sheikh Mohammed Bin Rashid Al Maktoum, Dubai Islamic Economy, Dubai Holding, Emirates NBD Capital, and Higher College of Technology.

Team Members

University
Government
Corporate
Risk Capital
Entrepreneur

Innovation Ecosystem Stakeholder Model

Abdulla Bin Touq
Champion
Director General, The Executive Office
Saeed Al Marri
Head of Strategy & Planning, Dubai Islamic Economy Development Centre
Nada Al Marzouqi
Project Manager, The Executive Office
Yousuf Al Mulla
Chief Strategy Officer, Dubai Holding
Ahmed Al Qassim
CEO, Emirates NBD Capital
Talib Alhinai
Founder, Buildrone
Khaula Alkaabi
Chief Innovation Officer, Chair of Geography and Urban Planning Department; Assistant Professor, United Arab Emirates University
Sayd Farook
Strategy & Innovation Advisor, The Executive Office
Dr. Tayeb Kamali
Former Vice Chancellor, Higher Colleges of Technology
Khaled Talhouni
Managing Partner, Wamda Capital
Almaidy Al Bedwawi
Senior Research Analyst, The Executive Office

Team Strategy

  • Challenge & Opportunity
  • Strategy & Action
  • Region of focus: Dubai, United Arab Emirates
  • Comparative advantage:
    • Trade and fishing port with a long history of trade in spices and pearls
    • Small and agile region
  • Core Challenges:
    • 90%> Emirati nationals don’t participate in entrepreneurship
    • Strong focus on obtaining government jobs
  • Stakeholder Insight:
    • Champion (Government):
      • Abdulla Bin Touq – Director General, The Executive Office of the Ruler of Dubai
    • Strong representation from all stakeholder groups
    • Government supportive of innovation and “experimentation” with new technologies

Will be updated once the team graduates from the program.

  • REAP Strategy:
    • Goal to reverse this trend and have 90% of the population focused on entrepreneurship
  • Key I&E Activities:
    • Dubai Future Foundation:
      • $270M fund focused on identifying and deploying experimental technologies
      • Founded by 7 separate entities
      • Focused on supporting both corporations and entrepreneur
    • Dubai Internet City
    • Dubai Biotechnology and Research Park
    • Dubai Silicon Oasis Authority
    • Hamdan Innovation Incubator
    • Dubai Technology Entrepreneurship Center
    • Astrolabs Tech Hub
    • Dubai Science Park
  • Executive Summary

Core Regional Metrics

Economic & Social Progress

Social progress and economic prosperity as a collective measure of development in a region.

Innovation-Driven Entrepreneurial Ecosystem

Innovation-Driven Entrepreneurial Ecosystems are regional environments that effectively support startups focused on addressing global markets based on technological, process or business model innovation.

Innovation Capacity

Ability to develop new to the world innovations from inception through to the market.

EXPAND ALL

People

Coming soon!

Funding

Infrastructure

Coming soon!

Policy

Culture & Community

Coming soon!

Demand

Performance

Entrepreneurial Capacity

Ability to start and build new to the world businesses from inception to maturity.

EXPAND ALL

People

Coming soon!

Funding

Infrastructure

Policy

Culture & Community

Coming soon!

Demand

Coming soon!

Performance