Masdar Institute-MIT Boot Camp contributes to UAE’s Innovation Ecosystem with sessions on How to Commercialise research

ABU DHABI -- 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 Center 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 Center 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 commercialization 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.

Abu Dhabi University's College of Business Administration awarded AACSB international accreditation

Abou Dhabi UniversityAbu Dhabi University hit a new academic milestone with the College of Business Administration earning international academic accreditation from the prestigious "Association to Advance Collegiate Schools of Business AACSB", the global accrediting body for business schools offering undergraduate and postgraduate programmes.

The College of Business Administration was awarded the international accreditation for its commitment in achieving standards that require a high quality teaching environment, active engagement with the industry and innovative programmes, which elevates the College into the niche rank of the "Top Business Schools", an honour bestowed on less than 5p per cent of the world's business programmes. Commenting on this new accolade, Ali Saeed bin Harmal Al Dhaheri Chairman of Abu Dhabi University's Executive Board explained that it doubles the University's responsibility in keeping pace with world standards of excellence, quality assurance in performance, teaching methods and programmes offered as well as cementing ADU's relationship with the community. "The AACSB accreditation represents a qualitative addition to the journey of higher education in the UAE, and translates the directives of our wise leadership represented by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and Supreme Council Members and Their Highnesses Rulers of the Emirates, as well as His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and their Highness?s keenness on achieving top ranks in global competitiveness indicators", said Bin Harmal. "Receiving this prestigious international accreditation also translates the directives of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in the Western Region, President of Abu Dhabi University's Board of Regents. Sheikh Hamdan has always been eager to position Abu Dhabi University at the forefront of prestigious higher education institutions around the world. Especially as the University carries "Abu Dhabi's" name, its namesake being a capital city that has recorded a unique model in cultural renaissance and development, thereby becoming a leading global attraction center in various areas of education, health, and economy", pointed out Bin Harmal. He added, "The accreditation also corresponds with ADU's mission and its eagerness to develop academic programs benchmarked against the international standards applied by prestigious universities and accreditation bodies, as well as meeting the educational needs of the policy agenda of Abu Dhabi?s Government and its Economic Vision 2030. This accreditation has also been one of the main goals highlighted in Abu Dhabi University's five -year strategic plan 2014 -2019".

 

© Copyright Emirates News Agency (WAM) 2015.

Abu Dhabi Polytechnic launches Arab Region's first bachelor's degree in meteorology

Abu Dhabi PolythechniqueABU DHABI --- Abu Dhabi Polytechnic (ADPoly) has signed a Memorandum of Understanding (MoU) with the National Center of Meteorology and Seismology (NCMS) launching the first bachelor's degree and the first diploma in meteorology in the whole Arab region.

Executive Director of Polytechnic Abu Dhabi, Ahmed Abdul Mannan Al Awar, and Executive Director of NCMS, Abdullah Ahmed Al Mansood, signed the agreement at ADPoly's head office.

In statements during the signing ceremony, Al Awar noted that 12 students are enrolled in the new bachelor programme.

Immediately after graduation, these students will work for ADPoly, he further noted.

ADPoly seeks to get academic accreditation from the Ministry of Higher Education and Scientific Research for the new programme.

For his part, Al Mandoos said that cooperation with ADPoly will contribute to the UAE's strategic development as it will provide specialised meteorological and seismological services to the various sectors and strategic projects of the government and the private sector.

© Copyright Emirates News Agency (WAM) 2015.

UAE parents urged to get familiar with changes to SAT exams

SATBy:

DUBAI// Parents of children who are looking to study at a college or university in the United States are being urged to learn more about the new SAT entrance exams due to come into force next year.

The SATs, which are mandatory, have for the first time in around a decade undergone a significant change by the College Board.

Teachers and parents can learn more about how this will impact children during a special seminar on Saturday.

“Changes to the SATs are rare and it is something that students and parents who want to send their children to schools in the US need to be made aware of,” said Ben Prusiner, a SAT and ACT test prep instructor for A-List Middle East, an education services provider, which has organised the event.

The changes come into force in March 2016 and will be significantly different to the current testing, he said.

Under the new testing criteria students will have to use grammar and words in the correct context in text.

Students will also have to show their ability to interpret and use evidence based sources including graphs and texts from sciences and other subjects in the reading, writing and evidence section of the test.

They will have to use the information provided to best answer the question as well as analyse data.

The maths section will now focus on problem solving, algebra, data analysis and more complex equations and they will not be allowed to use a calculator in one of the two sections of the test.

“From next year we will also see much more focus on important historic American documents like Declaration of Independence and Bill of Rights, which may be an issue for students who are not from the United States,” said Mr Prusiner.

“The changes to the PSAT and SAT are significant and it’s critical for students, parents, and educators to understand these changes and begin to prepare,” said Scott Farber, founder and president of A-List Education.

Andy Westerman, principal of Collegiate American School, said it was vital that students were prepared.

“With the increased focus on student performance for the redesigned SAT coming up in 2016,” he said.

“It’s incumbent upon school leaders to ensure students are prepared to demonstrate the skills in which colleges and universities seek in their applicants.”

The College Board is an American private not-for-profit corporation with a membership of more than 6,000 US schools, universities and colleges and develops and administers the SAT admissions tests. The seminar takes place at Collegiate American School, in Dubai on Saturday from 10am to 12pm.

Source: The National UAE

Ministry of Higher Education and Scientific Research issues website guide for scholarship graduates

Ministry of Higher Education - Abu DhabiABU DHABI -- The Scholarship and Cultural Foreign Relations Department of the Ministry of Higher Education and Scientific Research has issued an electronic guide for graduates of 2014 on scholarships to study abroad, for those who received degrees in several disciplines. The guide on its website includes the names of graduates during the period of October 2013 to October 2014, their specialties, and grades according to the countries of study.

The guide contains a message from Sheikh Hamdan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research, to the graduates where he congratulated them on their achievements and wished them continued success. He said, "The UAE has a significant interest in human building by providing educational opportunities for all children of the state, through the establishment of universities or by sending students to study abroad and thus provide the country with national cadres eligible to participate in the development of the state in all fields and to build a knowledge society. "Today we are witnessing the fruits of the precious efforts of the state through this group of graduates and the role that awaits them to give back to their country and contribute to nation-building and sustainable development. Finally, I congratulate you on this achievement and wish you success in your careers." The Ministry of Higher Education And Scientific Research announced that 277 scholars graduated in 2014, and the Ministry sent them to study in 17 Arab and foreign countries, in thirteen majors represented by medical sciences, genetics, engineering, finance and banking, management sciences, computer science, education, science, political science, tourism and hospitality, Sharia and law, media and environmental sciences. 80.5 percent of them received a Bachelor?s Degree, 14.8 percent Master's Degree, 3.9 percent a Doctorate, 0.36 percent a Fellowship Degree.

 

© Copyright Emirates News Agency (WAM) 2015.

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