The i2 Institute is offering fellowships to the UAE’s young innovators to help turn their patents into profitable businesses
The Institute for Imagination and Ingenuity – better known as the i2 Institute – has invited young innovators from the UAE to apply for its 2014 fellowship programme.
Launched in 2012 by founder and CEO of i2, Dr Hayat Sindi, the fellowship programme is designed to support young people from the Middle East transform their patents into profitable businesses.
The Saudi-based institute’s programme runs for eight months, during which fellows will be hosted for six weeks inside the Harvard Innovation Lab, working with other entrepreneurs, and supported by several Harvard Business School faculty members, including Nobel prize winners, world-renowned authors, experts and practitioners.
The rest of the programme will take place at the MIT Media Lab, where each fellow will be able to visit and explore some of the Media Lab’s experiments, collaborate with faculty members and research assistants, and become engaged in research.
The goal of the programme is to have a number of fellows’ business venture proposals prepared and ready to pitch at the Business Venture Conference, the i2 Institute’s flagship product.
Sindi said: “With young educated people constituting the largest segment of the UAE’s population, it is time to invest in their untapped talents and offer them the appropriate environment and the best conditions to foster innovation, economic and social change.”
Candidates can submit their applications through the i2 Institute’s website until the end of March 2014.
A preliminary evaluation process will select 50 top applicants, who will then compete in a workshop that will culminate with the selection of twelve outstanding fellows.