KFUPM Science Park (PASP):

A Special Presentation for H.E. The Rector

Dr. Khalid Saleh Al-Sultan

PASP Project Committee

May 2003

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Members of the PASP ProjectMembers of the PASP ProjectCommittee & Their Committee & Their

ResponsibilitiesResponsibilitiesDr. Halim Hamid RedhwiChairman PASP Project Committee, Responsible for Chairman PASP Project Committee, Responsible for

Overall Coordination, & Petroleum/Petrochemicals Related Overall Coordination, & Petroleum/Petrochemicals Related ActivitiesActivities

Dr. Mohammad Abul-HamayelLegal Issues and Governmental Regulations, and othersLegal Issues and Governmental Regulations, and others

Dr. Mohammad Al-OhaliConceptual/Detailed Planning, International Science Park Practices, Conceptual/Detailed Planning, International Science Park Practices, and others and others

Dr. Aymen KayyalTechnology Transfer, Incubator/Spin-off Program, IP Management, Technology Transfer, Incubator/Spin-off Program, IP Management, etc.etc.

Dr. Sadiq M. SaitConceptual/Detailed Planning and IT Related Activities, etc.Conceptual/Detailed Planning and IT Related Activities, etc.

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Presentation OutlinePresentation 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 ChargesCharges History History

– Accomplishments thus far Conceptual Plan, Master Plan (60%), UNESCO input, Website, Site survey, Conceptual Plan, Master Plan (60%), UNESCO input, Website, Site survey,

Official opening by HRH Prince Abdullah, Official opening by HRH Prince Abdullah, – Current tasks in Progress

Legal issues, financial estimates and funding mechanisms, marketing and tenant Legal issues, financial estimates and funding mechanisms, marketing and tenant attraction, Offset committee and their role, British Council involvementattraction, Offset committee and their role, British Council involvement

– Look Ahead Plan – Vision 2004

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Part IPart IAbout Science ParksAbout Science Parks

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

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What Are they?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

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History and TrendHistory 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

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University’s MotivesUniversity’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

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Joint ActivitiesJoint 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

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What is an Incubator?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.

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Part IIPart IIConceptual Plan of PASPConceptual Plan of PASP

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Plan of PASPPlan of PASP

The Vision The Mission Other issues

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The VisionThe 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

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The Mission StatementThe Mission StatementTo 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 …..

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The Mission Statement The Mission Statement (contd)(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.

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Other IssuesOther 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)

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Part IIIPart IIIProgress and StatusProgress and Status

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Broader goalsBroader 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’

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What to Expect?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

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How to Encourage CollaborationHow 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

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Current StatusCurrent 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)

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Current StatusCurrent 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)

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Tasks in ProgressTasks 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)

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Look Ahead PlanLook Ahead Plan xxxx

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Vision 2004Vision 2004 xxxx

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Finally …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.