The 2012 MIT Enterprise Forum Arab Business Plan Competition in partnership with Abdul Latif Jameel Community Initiatives and a joint initiative with Global Innovation through Science and Technology proudly announced its three winning teams during the final award ceremony on June 28, 2012. Two Egyptian teams and one Lebanese team were awarded the final prizes during a big event in Dubai that featured an interview with the Minister of Foreign Trade for the U.A.E HE Sheika Lubna Al Qasimi and a panel discussion with some of the region's most influential investors and entrepreneurs. A fourth prize for the best female entrepreneur was also awarded during the event to an Egyptian team who had already won second place.
Rank
Project
Industry
Team Members
Country
1
Butterfleye
High-Tech, Telecommunications, and Software
Hind Hobeika Rita Oghassabian Carl Madi Eric Abi Younes
Lebanon
2
Qabila Media Productions
Creative Industries
Perihan AbouZeid Mostafa Saeed Gehad El Haddad Mahmoud El Sahief Ahmad Fateh Elbab
The Nitrate Production System (NPS) is a device that utilizes solar power for on-farm production of Nitrogen fertilizer by extracting Nitrogen from the air and distributing it through the water irrigation system.
Management Team
Product / Service
The Nitrate Production System (NPS) is a device that utilizes solar power for on-farm production of Nitrogen fertilizer by extracting Nitrogen from the air. The water-based Nitrate Production System (NPS) requires only modest amounts of power, which can be supplied by solar or other green sources of energy. The production occurs in self-contained, self-operated units that could be purchased affordably by individual farmers. In either case, the environmental impact and costs of fertilizer production could decrease, and fewer people around the world might go hungry.
Value Proposition
Based on the patented process that is more energy efficient, eco-friendly and brings more value for the money from the farmer’s perspective, NPS has a high return on investment for farmers as it produces fertilizer when the sun comes up and stops when it sets, it is also more convenient to farmers and fertilizer importing countries alike. Medium size plants can also be licensed and built to provide fertilizer for geographic areas.
Stage of Development -
Prototype Ready
Business Model
The patented Nitrate Production System can be sold to farmers through a chain of distributors assigned globally, additionally, Interest to manufacture and market the self-contained units can come from global manufacturers; a key proposition would be to license the patent rights to global giants who could manufacture and market the product at a global scale.
Target Market
Every fertilizer consumer is a potential buyer, this means that the market is global but we anticipate the early adopters to be in the US, Europe.
Competitive Advantage
The current fertilizer manufacturing process consumes 3-5% of the world gas production and is responsible for 1.4% of the global emissions while fertilizer prices depend on oil prices and not supply and demand. The Nitrate Production System has a high return on investment for farmers as they will no longer need to purchase fertilizers, it reduces imports and transportation expenses while being eco-friendly since it utilizes solar energy for production.
Funding Requirements
The required funding for production, marketing and research and Development is expected to reach USD 1.25 million over two years.
Arab MIT student competition
by chris macrae
Nov 20, 2012
http://www.mitarabcompetition.com
The 2012 MIT Enterprise Forum Arab Business Plan Competition in partnership with Abdul Latif Jameel Community Initiatives and a joint initiative with Global Innovation through Science and Technology proudly announced its three winning teams during the final award ceremony on June 28, 2012. Two Egyptian teams and one Lebanese team were awarded the final prizes during a big event in Dubai that featured an interview with the Minister of Foreign Trade for the U.A.E HE Sheika Lubna Al Qasimi and a panel discussion with some of the region's most influential investors and entrepreneurs. A fourth prize for the best female entrepreneur was also awarded during the event to an Egyptian team who had already won second place.
www.mitarabcompetition.com
http://www.facebook.com/MITEnterpriseForumPanArabRegion
http://www.youtube.com/MitArabCompetition
http://twitter.com/MITEFarab
Semi-Finalists 11-12
Agriculture
Medi Shrimp & Krustacean M.S.K 19
Nitrate Production System (NPS) 20
Schaduf 21
Construction, Engineering and Transportation
Modern Wall 23
Creative Industries
Artistry Egypt 25
Draw me a song 26
eArtvolution.net 27
Meem 28
Palestine Outsourcing Company (POC) 29
Qabila Media Productions 30
Tech TV 31
Tehuti Editing Services 32
E-Commerce
Esouki.com 34
Sweety Heaven 35
Education and Training
ATA General Trading Co. 37
Gloryette 38
Ibtaker for Technological Innovation 39
Energy, Environmental Services, Power and Water
Future Energy Development Organization (FEDO) 41
KarmSolar S.A.E. 42
Nobel Chemist 43
SolarLens 44
Health and HealthCare
Agzakhana 49
MobiCare 50
Mudawat 51
High-Tech, Telecommunications and Software
Acadox 53
Butterfleye 54
Bangaia 55
Blaze Integrated Marketing 56
Cloud Networks 57
CureAid 58
GenieTag Inc. 59
I-DAW 60
OdBoards 61
Oilynet 62
Presto Wireless 63
QualiVid 64
SilGenix 65
TAE (The Assistant of Epilepsy). 66
Tawasal [Connect] 67
TeeksforGeeks 68
Other
Edfa3ly.com 70
Shighl Beit 71
The Universal Numbers 72
Social Networks
Brate 74
Earth Tipping Point 75
example
NITRATE PRODUCTION SYSTEM 20
Amman Jordan
http://facebook.com/nitrateproductionsystem
The Nitrate Production System (NPS) is a device that utilizes solar power for on-farm production of Nitrogen fertilizer by extracting Nitrogen from the air and distributing it through the water irrigation system.
Management Team
Product / Service
The Nitrate Production System (NPS) is a device that utilizes solar power for on-farm production of Nitrogen fertilizer by extracting Nitrogen from the air. The water-based Nitrate Production System (NPS) requires only modest amounts of power, which can be supplied by solar or other green sources of energy. The production occurs in self-contained, self-operated units that could be purchased affordably by individual farmers. In either case, the environmental impact and costs of fertilizer production could decrease, and fewer people around the world might go hungry.
Value Proposition
Based on the patented process that is more energy efficient, eco-friendly and brings more value for the money from the farmer’s perspective, NPS has a high return on investment for farmers as it produces fertilizer when the sun comes up and stops when it sets, it is also more convenient to farmers and fertilizer importing countries alike. Medium size plants can also be licensed and built to provide fertilizer for geographic areas.
Stage of Development -
Prototype Ready
Business Model
The patented Nitrate Production System can be sold to farmers through a chain of distributors assigned globally, additionally, Interest to manufacture and market the self-contained units can come from global manufacturers; a key proposition would be to license the patent rights to global giants who could manufacture and market the product at a global scale.
Target Market
Every fertilizer consumer is a potential buyer, this means that the market is global but we anticipate the early adopters to be in the US, Europe.
Competitive Advantage
The current fertilizer manufacturing process consumes 3-5% of the world gas production and is responsible for 1.4% of the global emissions while fertilizer prices depend on oil prices and not supply and demand. The Nitrate Production System has a high return on investment for farmers as they will no longer need to purchase fertilizers, it reduces imports and transportation expenses while being eco-friendly since it utilizes solar energy for production.
Funding Requirements
The required funding for production, marketing and research and Development is expected to reach USD 1.25 million over two years.
Husein Kattab CEO hkattab@gmail.com
Kawkab Albadawi Marketing Manager kawkabb@hotmail.com
Omran Tellawi
Thanks to All Judges
Samir ABDELKRIM - ANIMA Investment Network
Shadi ABDULLAH – Agility Logistics
Antoine ABOU-SAMRA– Bader Young Entrepreneurs Program
Muna ABUSULAYMAN – Alwaleed Bin Talal Foundation
Jennifer ADAMS – Dubai AT Libertas Capital
Saud AL FAISAL – Saudi Arabian General Investment Authority
Samir AIT AOUDIA – SNAX SPA
Elie AKHRASS – Kafalat S.A.L
Sami AKHRASS – Arab Finance Corporation
Mohamad Alameddine - Arts Sciences and Technology University in Lebanon
Bechir ALLOUCH – l’Université Virtuelle de Tunis
Maurice AL HADDAD – Middle East Venture Partners
Mai AL HOSARI – Mai Al Hosari & Co.
Omar AL-MAHDI – Saudi Arabian Investment Authority
Fahad ALSHIRAWI – GCCIX
Omar AL-SATI– Dash Ventures
Saeed ARIDA – NuVu Studio
Tarek ASSAAD – Ideavelopers
Antoine ASSAF - American University of Beirut
Christian Khalil ATTIEH – Kafalat S.A.L
Bijan AZAD – American University of Beirut
Amine EL AZHER – MarocInvest
Samia BAHSOUN – The David Ross Group
Shadi BANNA - Potential
Walid BAKR – Riyada Enterprise Development
Adel BELCAID – Booz & Co.
Bassem BITAR – Solidere
Reem BOU ABDALLAH – Middle East Venture Partners
Yahia BOUABDELLAOUI - Hassan II Institute of Agronomy
Elie BOUJAOUDE - Berytech
Gulsun BOZKURT KIPER – Sultan Kayiklari
Riad BSAIBES – Amana Contracting & Steel Buildings
James CARTY - Monitor Group Middle East FZ LLC
Alper CELEN - Commit Network
Marwan CHAAR - FuGu Energy
Mira CHAGHOURI – Bader Young Entrepreneurs Program
Dolly CHAMMAS - Middle East Online
Raymond CHEOUNG – Euveda Biosciences
Mohamed CHIKHAOUI - MIT Club of Germany
Adib CHOUEIRI - Ericsson
Paul CHUCRALLAH – Berytech Fund
Christine CODSI –Souk El Tayeb
Houda DABBOUSSI – Istithmar World Capital
Sebastien DAGAULT - ANIMA Investment Network
Tarek DAJANI - Cleartag
Marc DFOUNI - Eastline Marketing
Tahira DOSANI – Roshan/IPS Asia
Maria DOUGLASS - KAUST
Desiree EL-CHEBEIR - Endeavor
Brahim EL JAII – Maroc Invest Finance Group
Mohamad A. EL KUWAIZ - Derayah Financial
Ragheb EL RAMI - Abraaj Capital
Wael FAKHARANY – Google
Amy Renee FARAGO - KAUST
Karim FARRA - Manara Capital
Walid FAZA - MIT Enterprise Forum / ARAMEX Support Unit
Tony FEGHALI – American University of Beirut
Rana GHANDOUR SALHAB – Deloitte & Touche
Elie HABIB – Riyada Enterprise Development
Habib HADDAD - Wamda
Marc HADDAD – Orolix Technologies
Fawaz HAMIDI – BIAT
Walid HANNA – Middle East Venture Partners
Leila Khauli HANNA – American University of Beirut
Shawki HASSOUN – Wamda
Hala HOBEICHE – Abraaj Capital
Dania ISMAIL - MBC Group
Ihsan JAWAD – Zawya
Ali JAFFERY - Al Khabeer International
Oleg KAGANOVICH - KAUST
Tarek KABRIT – Abraaj Capital
Iyad KAMAL – Aramex International
Farhan KALALDEH - Queen Rania Center for Entrepreneurship
Samir KALLEL – OMNIACOM
Samer KARAM - Seeqnce
Maya KARANOUH -TAG Brands
Rebekah KAPFER - KAUST
Beate KERLIS - KAUST
Ari KESISOGLU - Google Middle East North Africa
Ihab KHALIL - Booz & Co.
Mohamed Mehdi KHEMIRI – Innovest
Mohamad KHAWAJA - National Net Ventures (N2V)
Inas KHAYAL – Masdar Institute
Al-Karim KHIMJI – Mickinsey & Company
Sami KHOREIBI - Enviromena Power Systems
Reem KHOURI - Aramex International
Elie KHOURY - Woopra
Hussam KHOURY - Jabbar
Basel KILANY – National Net Ventures (N2V)
Evangelos LIANOS – Etisalat Telecom Group
Wajiha MALIK – Abu Dhabi Investment Company
Eswar MANI – Masdar Capital
Khaled MANSOUR - Abu Dhabi Systems & Information Centre (ADSIC)
Christos MASTORAS – Yahoo! Maktoob
Chadi EL MATNI - QInvest LLC
Laya MEDAWAR – Full Circle Investments
Sulaiman MIRDAD - Communication and Information Technology Commission
Fadi MOUBARAK - CISCO
Kamal MOUZAWWAK – Souk El Tayeb
Dale MURPHY - Dubai School of Government
Nader MUSEITIF - Aramex International
Karim NABULSI - Deloitte & Touche
Michel NEHME – Cedrus Ventures
Karim NASR – University of Balamand
Slim OTHMANI – NCA-Rouiba
Tamer OBIED - Booz & Co.
Khadija OUBALA - Investment Professional
Paul PANKAJ - Wharton University of Pennsylvania
Majied QASEM - d1g.com
Brendan Jay RAUW – KAUST
Basel ROSHDY - Nile Capital & IT Ventures
Nicolas ROUHANNA - Berytech Technological Pole
Rani SAAD – Innovation Strategy and Investment
Salam SAADEH- ActiveM
Fadi SABBAGHA – Born Interactive
Tarek SADI- Endeavor
Jamal SAID – Potential
Khaled SAIDUDDIN – Elixir Business Research
Adey SALAMIN - BberryApp.com
Constantin SALAMEH – Abdullah Al Masaood & Sons Group
Nagi SALLOUM – National Net Ventures (N2V)
Jennifer SARRAF - Malia Group
Christine SFEIR - Dunkin Donuts
Abed SHAHEEN – InfoFort
Christopher SHREODER – Wamda Advisory Board
Barig SIRAJ - ICT Ventures
Sami SHALABI – Digital Publishing Platforms
Omar SOUDODI – Souq.com
Lina SHEHADEH – Aramex International
Adnan SULTAN – Al-Qudra Consultancy
Ziad SULTAN - Longworth Venture Partners
Omar TAHBOUB – Bayt.Com
Ahmad TAKATKAH - National Net Ventures (N2V)
Lina TANNIR - American University of Beirut
AbdulRahman TARABZOUNI – Google
Teo UYSAL –KAUST
Armen VARTANIAN - Ecoventures
Karen VON BISMARCK - The Technology Exchange Lab, Inc.
Chady ZEIN - Booz&Co.
Eric ZOETMULDER - Occidental Oriental Consult
Final Round Jury Members
HE Sheikha Lubna AL QASIMI, President of the Jury
Ali AL HUSRY, Endeavor Jordan
Rashid AL BALLAA, National Net Ventures (N2V)
Said DARWAZAH , Hikma Pharmaceuticals
Ossama HASSANEIN,TechWadi
Mounir HUSSEINI,Abraaj Capital
With the Endorsement of HE Sheikh Nahayan Mabarak Al Nahayan and in the Presence of
HE Sheikha Lubna Al Qasimi, UAE Minister of Foreign Trade
and Dr. Tayeb Kamali, Vice-Chancellor of Higher Colleges of Technology in UAE
Led by Top Speakers
Ken Morse,Serial Entrepreneur ;Tarek Kettaneh, Senior Lecturer on Entrepreneurship at AUB;
Yousef Tuqan Tuqan,CEO of FlipMedia, Chady Zein, Principal at Booz & Co.
Followed by one to one coaching sessions
Eswar Mani,Masdar Capital; Chady Zein, Booz & Co ;
Ahmed AbdulWahab and Lama Naseer,KAUST ; Issa Aghabi,TwoFour 54
Kathleen Bury, Mowgli Foundation ; Mary Ames, Shelter Dubai ;Ossama Hassanein,TechWadi
Ovidiu Bujorean,GIST ; Ramez Mohamed, Flat6Labs ; Shady El Banna, Potential
Salwa Katkhuda, Oasis 500; Rony ElNashar, SeedStartup ; Walid Faza,MITEF Aramex Support Unit
Walid Mansour, MEVP ; Jeff Margolis,GIST
Semi-Finalists 10-11
Semi-Finalists 09-10
Semi-Finalists 08-09
Past Competitions
Deans Roundtable 09