
Date: Saturday, 17th December 2011
Time: 09:45 am to 3:30 pm
Venue: Dubai Chamber of Commerce & Industry, Conference Hall, 13th floor
Language: English
Registration Fee: AED 300 or 80 USD
Entrepreneurship is a dynamic process of adding value and creating wealth. A successful entrepreneur is capable of leading and managing this process by using required knowledge, skills, and resources to turn a good idea and a market opportunity to a successful business.
Two of the most important elements of entrepreneurship are:
1. Creativity and problem solving
2. Financing your venture and managing the money and your investors
The objective of this seminar is to provide entrepreneurs a better understanding of the creative process which is normally what gets the companies started in the first place.
Once the basic idea is formed, the question is normally how to finance the business. This varies from countries to countries. What works in Silicon Valley does not necessarily work in the UAE. We discuss the options available to entrepreneurs and the benefits and pitfalls of each approach.
Basics of Inventive Thinking
Dr.Behrokh Khoshnevis - Engineering Professor, USC
Great products, processes and systems are typically resulted from inventive thinking which unfortunately is not effectively nurtured by academic education as has been practiced. Creativity is induced by a particular state of mind and a matching life style. Some guidelines about the essentials will be given in this presentation.
Dr. Khoshnevis is a Professor of Industrial & Systems Engineering, Aerospace & Mechanical Engineering, and Civil and Environmental Engineering at USC. He has extensive experience in invention and commercialization of products and processes and has numerous innovations in diverse fields ranging from medical devices to oil and gas and construction fields. His inventions, especially in robotics construction, have received worldwide coverage in acclaimed media.
Entrepreneurial Business Planning and Finance
Dr. Hamid Najafi, Managing Director, Invensense International
Funding and financing a new venture requires understanding of the availability of sources of capital to the entrepreneur, how to go about asking for them, and how to prepare the business plan to have a better chance of success in obtaining funding. Entrepreneurs need to also know the type of investor they can work with, what they can/should give up to get the funding, and what to expect from the investors as a result of their investment.
Dr. Hamid Najafi graduated from Sharif University in 1975 with a BS in Electrical Engineering and earned a Ph.D. EE from Stanford University in 1983. He worked for a few semiconductor companies in Silicon Valley before starting his own companies in Silicon Valley and in Dubai. He funded his companies through different sources of capital, from design contracts to strategic investors to Asian Venture funds, including a venture capital company in Dubai. He is currently the Managing Director of Invensense International in Dubai, which is a subsidiary of Invensense Inc. in Silicon Valley, California.
Prior registration to attend the seminar is required due to limited seats.
For further inquiries, please email: suta.uae@gmail.com.
9:00 am – 9:30 am Registration and Welcome Coffee
9:30 am – 9:45 am Welcoming Remarks
9:45 am – 12:45 pm Basics of Inventive Thinking
Professor Behrokh Khoshnevis – Engineering Professor, USC
12:45 pm – 2:00 pm Lunch
2:00 pm – 3:30 pm Entrepreneurial Business Planning and Finance
Dr. Hamid Najafi, Managing Director, Invensense International
3:30 pm – 4:30 pm Coffee and Networking
Prior registration to attend the seminar is required due to limited seats.
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