Arab Today, arab today masdar contributes to uae’s innovation ecosystem
Last Updated : GMT 16:20:22
Arab Today, arab today
Arab Today, arab today

With sessions on 'How to Commercialise research'

Masdar contributes to UAE’s Innovation Ecosystem

Arab Today, arab today

Arab Today, arab today Masdar contributes to UAE’s Innovation Ecosystem

Participants at the action-oriented and hands-on boot camp
Abu Dhabi - Arab Today

The Masdar Institute of Science and Technology has contributed to the enhancement of the UAE's innovation and entrepreneurial ecosystem through a boot camp on how to take promising ideas out of the lab and into the marketplace, which culminated with a start-up proposal contest.
Participants at the action-oriented and hands-on boot camp were briefed on various aspects of translating an idea into a business venture. The topics included project selection and team-formation, value proposition for technology, finding initial customers, development roadmap, making and managing assumptions and risk, execution modelling, funding requirements, as well as financial modelling and planning. There were also presentations on intellectual property rights, as well as company structure, valuation and fundraising.
Dr Bruce Ferguson, Head of Masdar Institute's Centre for Innovation and Entrepreneurship (iInnovation), and Professor of Practice - Engineering Systems and Management, presented commemorative certificates to the aspiring entrepreneurs who participated in the boot camp.
"Hosting such an exclusive academic entrepreneurship boot camp in collaboration with MIT reflects not only our researchers' expertise in commercialisation but also our capabilities in technology transfer," said Dr. Fred Moavenzadeh, President, Masdar Institute. "With the support of the UAE leadership, we continue to validate the importance of research-driven innovation in diversifying the UAE's economy through entrepreneurship." The boot camp was jointly organised by the Massachusetts Institute of Technology (MIT) and Masdar Institute's iInnovation. It was designed to aid academic researchers, including faculty, graduate students and post-doctoral researchers, in recognising and developing promising technology-based entrepreneurial opportunities.
At the end of the sessions, participants formed groups of 3-5 and proposed start-up concepts to a panel of three financial experts, who provided feedback and selected the most promising team as the winner. The first prize (a large box of dates) was awarded to the food safety team. There were five teams, ‘Food safety inspection,' ‘Sparticles nanotechnology,' ‘Automotive pollution reduction platform,' ‘Concentrated solar' and ‘Water from air.' Based on similar successful workshops conducted earlier at MIT and in Singapore, the boot camp at Masdar Institute was led by Dr. Charles Cooney, Professor of Chemical Engineering and Faculty Director, Deshpande Centre for Technological Innovation, MIT, and Dr. Luis Perez-Breva, Co-Director of MIT Innovation Teams Programme and Research Scientist at MIT School of Engineering.
Dr. Cooney said, "This boot camp emphasises the translation of ideas from the academic laboratory to the commercial marketplace. It is intended to introduce academic researchers to the principles of technology based entrepreneurship in a way that will help them both identify and guide their own thinking around commercialisation of technology. We believe such boot camps help faculty prepare their students and post-doctoral research staff for careers as technology entrepreneurs, either in new companies or within larger corporations." Participants were invited based on their expressed interest in technology translation, such as participation in Masdar Institute's Technology Innovation Programme (TIP) and Masdar Institute-MIT Innovation Programme (MMIP) solicitations.
Source: WAM

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today masdar contributes to uae’s innovation ecosystem Arab Today, arab today masdar contributes to uae’s innovation ecosystem

 



Arab Today, arab today
Arab Today, arab today Rabia Fatima reveals role of "Facebook" in her career

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 11:26 2017 Wednesday ,22 February

Dutch corporate takeover defences tough to breach

GMT 11:14 2017 Wednesday ,22 February

Lloyds Banking Group posts surging profits

GMT 10:01 2017 Tuesday ,21 February

Egypt pound rebounds from flotation slide

GMT 09:57 2017 Tuesday ,21 February

Greece agrees to bailout reforms compromise

GMT 09:55 2017 Monday ,20 February

Thailand 2016 growth up but below junta target

GMT 09:29 2017 Monday ,20 February

Kraft Heinz withdraws bid for Unilever

GMT 09:22 2017 Monday ,20 February

China's huge debt poses big headache for central bank
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday