A Walk Through MENAEntrepreneurs, Innovation and Opportunity

Hi, I’m Tina!I’ve Lived in the Middle East for +13 years

45%Iran

41%Canada

4%Switzerland

8%UAE

Another Look at MENA

Diverse

Social

Big

MobileOnline

Young

Social

Online

Another Look at MENA

Big

+400 Million People

Another Look at MENA

BigDiverse

22 countries, over 30 dialects! In ARABIC ALONE

Another Look at MENA

BigDiverse

Wide variance in standard of living

Another Look at MENA

BigYoung

28% MENA’s population is 15-29 years old

BigOnline

Another Look at MENA

BigOnline

Another Look at MENA

Comparing average daily internet usage

3H 41M

5H 06M

4H 14M

1H 52M

3H 45M

4H 13M

Another Look at MENA

BigSocial

MENA LOVES Youtube

Another Look at MENA

BigSocial Facebook users grew 54.5 à 81.3 Million May 2013-May 2014

1 out of 4 Facebook users in MENA are from Egypt

Saudi Arabia counts for almost half of all Twitter activity in MENA

Linkedin almost users doubled May 2013-May 2014 (4.7 à 8.4

Million)

Another Look at MENA

BigMobile

1H 52M

3H 45M

4H 13M

138% 173% 173%% of mobile subcsriptions

Average daily use of internet via

mobile

Another Look at MENA

BigMobile

What about Entrepreneurship?

An available pool of talented human capital

Talent

Cluster growth and physical hubs, mentor networks and links to academia all increase potential for successful ventures

Density

Entrepreneurs seen as role models, failure as part of road to success, startup jobs are promoted

Culture

Not only finance, but EXPERIENCED finance. Policymakers can also help with startup capital access

Capital

Governments that create a supportive environment for both investors and entrepreneurs such as with ease of opening/closing a business, tax policy, patent protection etc.

Regulatory Environment

What about Entrepreneurship?

Talent

T h e G o o d

Expat heavy countries like UAE, Saudi and Qatar are melting potsLocal population shifting from public sector Multucutral teams fuel innovation

T h e B a d

63% of entrepreneyrs and 60% of experts state finding talent a barrier to building their team, also challenge with retaining talent and paying salaries (wamda research lab)Need more investment in educationMajor barrier for startups

What about Entrepreneurship?

TalentDensity

T h e G o o d

Expat heavy countries like UAE, Saudi and Qatar are melting potsLocal population shifting from public sector Multucutral teams fuel innovation

T h e B a d

63% of entrepreneyrs and 60% of experts state finding talent a barrier to building their team, also challenge with retaining talent and paying salaries (wamda research lab)Need more investment in educationMajor barrier for startups

What about Entrepreneurship?

TalentDensity

2

3

1

77

7

2

113

4

4

Incubators, Accelerators and Technology Parks in MENA

What about Entrepreneurship?

TalentCulture

Reinforced by society and family

Fear of Failure

35% of tech entrepreneurs in region are women (vs 10% global average)

Women EntrepreneursInvolving government authorities, private corporations, media and

entrepreneurs

Public-Private Partnerships

Reinforced by society and family

Risk AversionIn most MENA countries, it has

competitive perks

Nationals Prefer Public Sector

What about Entrepreneurship?

TalentCapital

What about Entrepreneurship?

TalentCapital

What about Entrepreneurship?

TalentRegulatory Environment

T h e G o o d

Freezoneshavebeensetupwherebusinessescanenjoy100%foreignownershipandspecialtaxandadministrativeincentives

Notaxinsomecountries

T h e B a d

Entrepreneurspointtocost(39%)andlegalprocesses(28%)ascostsbarrierstosettingupabusiness

Significantbarrierstostartingandshuttingdownabusiness

Examples of Successful StartupsSed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium

Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.01 Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque

lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.02

Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.03 Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque

lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.04

Examples of Successful StartupsSed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium

Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.01 Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque

lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.02

Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.03 Operspiciatis unde omnis iste natus error sit volup tatem accusa ntium dolore mque

lium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.04