KFUPM Science Park (PASP): A Special Presentation for H.E. The Rector Dr. Khalid Saleh Al-Sultan

1. KFUPM Science Park (PASP):A Special Presentation for H.E. The RectorDr. Khalid Saleh Al-Sultan PASP Project Committee May 2003

2. Members of the PASP ProjectCommittee & Their Responsibilities Dr. Halim Hamid Redhwi Chairman PASP Project Committee, Responsible for Overall Coordination, & Petroleum/Petrochemicals Related Activities Dr. Mohammad Abul-Hamayel Legal Issues and Governmental Regulations, and others Dr. Mohammad Al-Ohali Conceptual/Detailed Planning, International Science Park Practices, and others Dr. Aymen Kayyal Technology Transfer, Incubator/Spin-off Program, IP Management, etc. Dr. Sadiq M. Sait Conceptual/Detailed Planning and IT Related Activities, etc.

3. Presentation Outline • Part I: A Brief Overview About Science Parks • Concept, Trends, Stakeholders, Motives, Benefits, etc • Part II: Conceptual Plan of PASP • Conceptual Plan, Proposed Site, Potential Tenants, Financing, Consultants, • Part III: Progress and Status • PASP Project Committee • Charges • History • Accomplishments thus far • Conceptual Plan, Master Plan (60%), UNESCO input, Website, Site survey, Official opening by HRH Prince Abdullah, • Current tasks in Progress • Legal issues, financial estimates and funding mechanisms, marketing and tenant attraction, Offset committee and their role, British Council involvement • Look Ahead Plan • Vision 2004

4. Part I About Science Parks

5. About Science Parks • What are they? • History and Trends • Stakeholders • Motives • Relevant Joint Activities • The Incubator

6. What Are they? • A generally accepted definition includes: A property based initiative which: • Has operational links with universities, research centers, and/or other higher education institutions • Is designed to encourage the formation and growth of knowledge based industries on high-added-value firms • Has a steady management team actively engaged in the transfer of technology and business skills • Science parks in other parts of the world: Australia, Dubai, Finland, Hong-Kong, Morocco, Brazil, UK, USA, everywhere, hundreds • IASP (International Association of Science Parks) • Different from RI

7. History and Trend • Earlier, most (if not all) universities were reluctant to embrace collaboration with industry, • Around 1980s, Universities began trying to contact industry (a little earlier in some industrialized countries such as the UK) • The science park concept was an unfamiliar one and companies were mainly attracted to it by a desire to be near to the University's scientific research • Around 1994, Universities began contacting companies through Science Parks (Research Parks) • Now, there are networks of universities and networks of Science Parks • With time, science from laboratories (with work on proof of concept, prototyping), via liaison offices, incubators, nurseries, science parks is making to industry

8. University’s Motives • Economic development through industry linked projects • University to become skilled at industry collaboration • Tenants forming useful associations with the University in the pursuit of any aspect of the our University’s mission • Opportunities for commercialization of University research, including via incubation facilities for start-ups • To earn income from ground rental in support of University research • Develop the region and creation of wealth and employment opportunities

9. Joint Activities • Joint research projects, especially for graduate and doctoral students; Work experience programs for undergrads • Sharing (renting) of university equipment and laboratories • Custom-designed education programs for tenants and staff in tenant companies can enroll in our grad programs • Advice from tenants (companies) on the design of courses • Adjunct appointments of industry experts • Larger companies can have their research work contracted to the university. (The proximity with the academic departments producing hundreds of graduates in an area of expertise is a plus) • Companies can donate equipment and tools, share expertise, etc., in return for using university labs, faculty, and students • Tenants can also lend University valuable scientific equipment • Senior staff of tenant companies serving on University advisory boards • Scholarships from tenants

10. What is an Incubator? An incubator is a welcoming and supporting partner that generates and sustains the dynamic process of business enterprise development for individuals eager to start companies to build commercially viable products and services over innovative technologies; it provides support in terms of infrastructure, logistics, finance, training, advice, and offices, until the businesses find their own place.

11. Part IIConceptual Plan of PASP

12. Plan of PASP • The Vision • The Mission • Other issues

13. The Vision To make a significant contribution to the wealth & welfare of the Kingdom of Saudi Arabia through the development of knowledge based companies that will also strengthen the achievement of the mission of KFUPM to be a leading institution in the creation and dissemination of knowledge in its chosen fields of study

14. The Mission Statement • To develop a financially self-sustaining physical and operational entity designed to create wealth through the commercialization of scientific and technologic knowledge from KFUPM and related organizations; fostering technology development and commercialization from the laboratory to the marketplace; development of an entrepreneurial culture amongst faculty, graduates of KFUPM and managers potentially spinning out from local enterprises; providing …..

15. The Mission Statement (contd) technical, business, managerial, intellectual property and financial advice to clients; providing flexible space in an incubator and science park buildings with flexible leases, property management services, access to university facilities; and above all, the creation of a self sustaining and self supporting community of knowledge based companies, university, research institutes and other relevant organizations.

16. Other Issues • Goals and Objectives • Benefits to Stakeholders • KFUPM • Tenant firms and • Investors • Funding and Financing Possibilities • Governance and Management Proposals • Critical Success Factors (All of the above are detailed in the presented document and on the PASP website)

17. Part IIIProgress and Status

18. Broader goals • All future tenants must be capable of and willing to work with the University • Provisions must be worked out to ensure that the Park achieves the University's aims and does not degenerate into just another business park • University must attract organizations capable of 'forming any useful association with the University’

19. What to Expect? • The university will be surrounded by some of the world’s leading technology companies • Industry participation in academia • The university will build on its current strengths due to proximity with industry. Proximity will assist greatly in fostering relationship with tenants • The research/teaching programs will concentrate on modern high technology, and university’s research will win recognition through grants and sponsorships

20. How to Encourage Collaboration • Involving faculty in planning & tenant selection • RI and University Research Office can be tenants • Appointing a Park Manager early • The university having a stake in the parks ongoing development • Offering tenants privileged access to university facilities • Holding regular seminars and briefings, where university and tenant staff can mingle and make informal contacts • Special scholarships for students to conduct their research projects in the Park • Inviting senior staff of tenant companies to join university advisory boards

21. Current Status • Master plan is being created & approvals are being sought • Site has been identified • Site survey has been completed • Legal issues are being looked into • Offset program (SOLP) is being contacted both directly and via a private enterprise, and alternate modes of financing are investigated. • Financial estimates for the underground infra-structure, and 3 preliminary buildings (Admin building , general purpose building and Incubator are being prepared)

22. Current Status • Tenants are sending to the university their letters-of-intent (Idemitsu, Japan; Cytec, Italy; IFP, France, Membrana of Germany) • Saudi ARAMCO and SABIC have been contacted • Few have already moved in physically/virtually. Some will construct their own building with our specs (Schlumberger, France; CIBA, Switzerland; JCCP, Japan) • A few IT companies from Malaysia and India have expressed interest • UNESCO visit and consultation completed • British Council involvement is expected (trip has been approved)

23. Tasks in Progress • Master Plan finalization • Marketing and tenant attraction effort • Awareness campaign and local/international presentations, articles, etc. • Presentation to Prince Saud Bin Abdullah Bin Thunayyan Al-Saud • Presentation to Higher Commission on Industrial zones and Parks • Invited Talk on Science Parks was delivered during the recent National Computer Conference • Presentation for Offset Program Committee in preparation (an Invitation letter was sent to Prince Fahd Bin Abdullah:Bin Mohammad Al-Saud, Chairman Offset Committee): • Visits to Science Parks and other related organizations (ongoing)

24. Look Ahead Plan • xxxx

25. Vision 2004 • xxxx

26. Finally … • The PASP is a strong statement of KFUPM’s determination to maintain its high standards in research, technological development and academic excellence. • It is an initiative to couple the university’s resources and talent with the technological capabilities of the industrial sector, thereby creating a highly collaborative environment with vast potential for joint technological research and development. • With the establishment of this science park, KFUPM moves forward into its fiftieth year with a far-reaching initiative that will be a dynamic catalyst for technological development and collaboration between the university and the industry.