Behind every great business is the story of an entrepreneur who crafted a vision to change the world, and against all odds assembled the resources necessary to execute that vision. TEC's mission is to find entrepreneur with such vision, passion, and the experience to dominate growing markets using innovative technology, and to provide them with the necessary training support and financial infrastructure in order to enhance their capabilities on which to build their businesses.
Entrepreneurs continue to change the world with their spirit of innovation, passion for delivering value to customers, seamless execution skills, dedication leadership, and hard work. Entrepreneurs, throughout the years, have always been behind several successful and thriving ventures such as Hewlett-Packard, 3Com, Bose, Yahoo and many others to come.
As equity partners, we succeed or fail together with the entrepreneurs whom we back
Technology Entrepreneurship Center (TEC) is an independent entity of the national Technology Enterprises Company (NTEC) that has been established in collaboration with Massachusetts Institute of Technology (MIT) Entrepreneurship Center, USA.TEC supports local business activity by identifying and nurturing technology ideas and fostering Entrepreneurship. TEC is an intersecting point for Entrepreneurs, venture capitalists, students, scientist, academics, and government, & industry, forming a venture support system for aspiring Entrepreneurs.
TEC achieves its objective of establishing Kuwait as a regional leader in new product and venture development through a multi-disciplinary approach that includes:
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Running Business Plan Competitions on a regular basis. |
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Providing seed money for technology startup in Kuwait. |
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Providing infrastructure support. Expertise, and knowledge exchange for technology based startups in Kuwait. |
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Building a network to stimulate the exchange entrepreneurial skills through various programs and events |
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Building a network to stimulate the exchange entrepreneurial skills through various programs and events |
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Vision
To be recognized as the premier entrepreneurship center in the region offer world class full service to entrepreneurs.
Mission
To invest in the knowledge economy by supporting the development of new technology enterprises, creating the link between private businesses venture capitalists and entrepreneurs, commercializing research and development projects and narcoturing creativity.
Incubate new technology ventures by developing human capital, intellectual property and the resources to commercialize proven technologies.
• Train men and women who will make new startup ventures successful, both as entrepreneurs and intrapreneurs.
• Strengthen the capacity in Kuwait for creativity, innovation, and technology entrepreneurship through the development of knowledge, and institutions to support teaching and research in these domains.
• Actively participate in a worldwide network to training, research, and practice of innovation and entrepreneurship in order to gain access to the latest thinking and opportunities as well as to share and demonstrate Kuwait's entrepreneurial capacity.
• Stimulate the exchange of expertise and knowledge to shape the environment for technology- based entrepreneurship in Kuwait through international cooperation.
• Build a strong network and community in Kuwait around entrepreneurship through business plans, courses, seminars, conference, programs, events, networking, awards and Competitors |
