GIST Brochure 2013

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This brochure highlights the main activities and success of the GIST Initiative as of February 2013.

Text of GIST Brochure 2013

  • IMPRESS REVOLUTIONIZE CONSTRUCT ENGINEER HARNESS ASPIRE TRANSFORMSPEARHEAD ENTHUSE MANAGE COMMERCIALIZE MERGE STRIVE SELLFUND EXCEL PROMOTE EXPAND MARKET GLOBALIZE GUIDE PRODUCEFOUND EXCHANGE ACQUIRE FINANCE SELL GENERATE CHANGE INNOVATE CAREADVANCE SELL SUCCEED FLOURISH INSPIRE GROW CATALYZE SUPPORT EXCITESOLVE TRANSCEND UPLIFT IMPROVE LEAD INVENT BUILD PERSIST ADAPT RISK PROGRESS SURMOUNT CHALLENGE DESIGN FUND DISRUPT CREATE ASTONISHFUEL PARTNER PROPEL COMPETE MENTOR CHANGE EMPLOY UPLIFTIMPRESS REVOLUTIONIZE CONSTRUCT ENGINEER HARNESS ASPIRE TRANSFORMSPEARHEAD ENTHUSE MANAGE COMMERCIALIZE MERGE STRIVE SELLFUND EXCEL PROMOTE EXPAND MARKET GLOBALIZE GUIDE PRODUCEFOUND EXCHANGE ACQUIRE FINANCE SELL GENERATE CHANGE INNOVATE CAREADVANCE SELL SUCCEED FLOURISH INSPIRE GROW CATALYZE SUPPORT EXCITESOLVE TRANSCEND UPLIFT IMPROVE LEAD INVENT BUILD PERSIST ADAPT RISK PROGRESS SURMOUNT CHALLENGE DESIGN FUND DISRUPT CREATE ASTONISHFUEL PARTNER PROPEL COMPETE MENTOR CHANGE EMPLOY UPLIFTIMPRESS REVOLUTIONIZE CONSTRUCT ENGINEER HARNESS ASPIRE TRANSFORMSPEARHEAD ENTHUSE MANAGE COMMERCIALIZE MERGE STRIVE SELLFUND EXCEL PROMOTE EXPAND MARKET GLOBALIZE GUIDE PRODUCEFOUND EXCHANGE ACQUIRE FINANCE SELL GENERATE CHANGE INNOVATE CAREADVANCE SELL SUCCEED FLOURISH INSPIRE GROW CATALYZE SUPPORT EXCITESOLVE TRANSCEND UPLIFT IMPROVE LEAD INVENT BUILD PERSIST ADAPT RISK PROGRESS SURMOUNT CHALLENGE DESIGN FUND DISRUPT CREATE ASTONISHFUEL PARTNER PROPEL COMPETE MENTOR CHANGE EMPLOY UPLIFTIMPRESS REVOLUTIONIZE CONSTRUCT ENGINEER HARNESS ASPIRE TRANSFORMSPEARHEAD ENTHUSE MANAGE COMMERCIALIZE MERGE STRIVE SELLFUND EXCEL PROMOTE EXPAND MARKET GLOBALIZE GUIDE PRODUCEFOUND EXCHANGE ACQUIRE FINANCE SELL GENERATE CHANGE INNOVATE CAREADVANCE SELL SUCCEED FLOURISH INSPIRE GROW CATALYZE SUPPORT EXCITESOLVE TRANSCEND UPLIFT IMPROVE LEAD INVENT BUILD PERSIST ADAPT RISK PROGRESS SURMOUNT CHALLENGE DESIGN FUND DISRUPT CREATE ASTONISHFUEL PARTNER PROPEL COMPETE MENTOR CHANGE EMPLOY UPLIFT

    Global Innovation through Science and Technology

    The GIST Initiative is a partnership led by the U.S. Department of State and CRDF Global.

  • 2 WhoWeAre.............................................................4

    WhatWeDo.............................................................6

    WhereWeWork.......................................................8

    FeaturedGISTTransformers.................................12

    FeaturedGISTMentors..........................................15

    GISTPartners.........................................................16

    GISTAdvisoryGroup..............................................18

    GISTTeam...............................................................19

    TheTeamatState..................................................20

    GetInvolvedwithGIST...........................................21

    CONTENTS

    The GIST Initiative is a partnership led by the U.S. Department of State and CRDF Global.

    1,000 participantsin startup

    boot camps

    1,000 participantsin startup

    boot camps

    6,000 techconnect participants

    6,000 techconnect participants

    8,200 competition participants

    8,200 competition participants 15,000+

    GIST participants

    160,000+ in GIST social networks

  • 3WELCOME LETTERAll over the world, people are trying to launch their great ideas and becomeentrepreneurs.Greatideascanbringpositivechangetocommunitiesallacrosstheglobe.ThroughGIST,Ihavebeenworkingtobringthatmessagetoentrepreneursinmanynations.TheGISTInitiativeanditsnetworkofmentorsandprofessionalsworkwithentrepreneurstohelpmaketheirtechnologyventuresbecomesuccessfulstartupsandgrowthcompanies.

    Passionateentrepreneursdrivenbyamissiontoimprovethelivesoftheirfamiliesand communities are key drivers of economic growth and job creation globally.AccordingtotheWorldBank,theworldneeds600millionnewjobsovera15-yearperiodtokeepunemploymentratesfromrising. It isamissioncriticaltosupport the startupsand the entrepreneurswhocreate them.Entrepreneurshipoffersapathtosuccessforthosewhohavethedesire.

    Tohelpthemsucceed,entrepreneursoftenneedguidance.WhenIstartedmyfirstcompany,IdidnthavethekindofsupportthattheGISTInitiativeprovides.HavingaprogramlikeGISTthatconnectsentrepreneurswithasupportcommunity,givesin-depthmentorship,andofferspracticalinsightswouldhavehelpedmeimmensely.NowthatIaminapositiontogivebacktoentrepreneursaroundtheworld,IamhonoredtobepartneringwithGISTtoadvancetheirextremelypositivevisionofglobalprosperitythroughtechnology-basedentrepreneurship.

    IencourageyoutogettoknowGISTsprograms,itsteam,anditssuccesses,fromthehundredsofventurestowhichGISThasprovidedtailoredtraining,tothetopentrepreneurs that GIST identifies and supports via seed funding and ongoingmentorship.Furthermore,IencourageyoutobrainstormwaysyoucanjoinforceswithGIST,asIhavedone,toempowerentrepreneursworldwide.Ofalltheprogramsavailableonthemarket,IfoundGISTtobethemosteffective,resultsorientedanddedicatedendeavor,onethatisclearlyworthyofyourtimeandpartnership.

    -JeffHoffmanGISTAdvisoryGroupMemberMemberoffoundinggroupandformerCEOofPriceline.comFounderofColorJar

    Think Big. Work Hard. Create Value.

    The GIST Initiative is a partnership led by the U.S. Department of State and CRDF Global.

  • 4WHO WE AREThe Global Innovation through Science and Technology(GIST)InitiativebuildsentrepreneurialecosystemsacrosstheMiddleEast,Turkey,Asia,andAfricabyidentifying,coaching,and funding themost promising technology entrepreneursthrough its flagship competitions, startup accelerationservices, interactive videoconferences, online socialmediaplatforms,andinteractivementorshipprograms.GISTforgeslocalandglobalpartnershipswithtechnologyentrepreneurs,angel investors, mentors, and experts to foster humanprogressandprosperity.

    Core GIST Beliefs

    Innovation: Webelievestronglyinthepowerofinnovationandtechnologyasdriversforsustainablegrowth. Entrepreneurship: Entrepreneurs transform ideas intoenterprisesthatgeneratesocialchangeandcreatejobs.Ourprogramsaredesignedwiththeindividualinmind;supportingentrepreneursisoursolemission. Global Partnership: We partner with like-mindedorganizations to leverage resources, capabilities andnetworkstobuildcapacityforgreaterimpact.

  • 5 GIST has been very helpful as we learned how to present and start our business, and improved our direction due to

    the personalized mentorship.

    -Rumaisa Mohani, Founder and CEO of E-Aid, Pakistan

  • 6WHAT WE DO

    GIST TECH-I COMPETITIONSGISTStartupBootCampsareatwotothreedayexperiencethataredesignedtoteachentrepreneurialskillsinahands-onenvironmentandenableentrepreneurstolaunchandgrowcompanies.TheGISTStartupBootCampscoverallaspectsofentrepreneurship,includingassessment,brainstorming,ideation,teambuilding,productdevelopmentandexecution.Theprogramincludesamixofsimulations,hands-onexercises,lectures,mentorship,andanopportunitytopitchandgetfeedbackfrominvestors.TheGISTBootCamphastwomaingoals:enhancetheskillsoftechentrepreneursandinspirethemtostartnewcompanies.

    GIST Startup Boot Camp Locations: RegionalBootCamps:WestAfrica,Maghreb,EastAfrica,andGulfStatesCountry-focused:Indonesia,Malaysia,Algeria,andJordan

    TheGISTTech-ICompetitionsseekentrepreneurspassionateabouttheirideasandstartups.ThelatestwastheGISTTech-IBusinessIdeaGo-to-MarketCompetition,inwhichentrepreneursidentifiedandshowcasedmarketstrategiestosecurecustomersandfinancialsustainabilityfortheirventures.Forthesecompetitions,applicantssubmitago-to-marketplan,identifyingmarketstrategiesandbusinessopportunities,alongwithpromotionalvideosdesignedtoappealtotheircustomers.Thetopentrepreneurscompeteonlinetogetthemostvotesfromthepublic.GISTprovidesseedfunding,training,ongoingmentorship,andbusinessdevelopmentvisitstotheU.S.GISThasheldthreecompetitionssince2011,withanothercomingin2013.

    Go-To-Market TrainingGlobal & Local Mentorship

    Venture PitchingInternational Exposure

    Seed FundingNetworking

    1,000 entrepreneurstrainedduring11seminarsheldin8countriesrepresenting

    28,075hoursoftraining.GISThasmentored470 venturesatitsevents.

    GISTcompetitionshavegeneratedover8,000applicationsfromover

    35countriesworldwide.

    GIST STARTUP BOOT CAMPS

    36%36% inenergy, health care

    and agriculture

    64%64%

    ICTin

  • 7GIST TECHCONNECTS US ENTREPRENEURSHIP JOURNEYGISTTechConnectisaseriesofinteractivevideoconferencesthatcreatesglobalconversationstoinspireandconnectentrepreneursfromemergingeconomieswithbusinessmentorsandrolemodels.ThefirsttwoeditionsofGISTTechConnecthaveengagedover6,000entrepreneursinmorethan25countriesaroundtheworld.PreviousGISTTechConnectsfocusedonentrepreneurshipinPakistan,heldOctober12,Ideagenerationforventuredevelopment,heldMarch13,andBootstrappingyourventure,heldMay13.

    Sixteenentrepreneursfrom11countrieswerechosenfromamongthetopventuresatGISTTech-ICompetitionsandGISTBootCampstojoinonatwo-weekjourneythroughSiliconValley,Boston,NewYorkCityandWashingtonDCinNovember12.Theentrepreneursnetworked,learnedhowUScompaniesoperate,receivedmentorshipfromabroadarrayofprofessionals,andwereabletopresenttheirideastorelevantanddiverseaudiencestoincreasetheirventuresinternationalpresence.

    GISTisactivelybuildingpartnershipswithlike-mindedorganizationsandindividualstostrengthenimpact.Contactustoteamupononeormoreofourprograms-gist@crdfglobal.org

    Senator Mark Warner (D-VA), who is also a tech entrepreneur, enthusiastically met with GIST

    Transformers during their US Journey in November 2012. GIST

    PRO

    GRAM

    S

    71%71% work full-time on their ventures

    64%64%are registered companies

  • 8PEOPLE Lebanon-HindHobeikaofInstabeat,acompanythatproducesaheart-ratemonitorforswimmers,hastraveledwithGISTInitiativetomeetentrepreneursandinvestorsthroughouttheUSandArabWorld,andwasfeatured