20230331_Nour Knowledge Center_Exec Summary_V04

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The Hub should be built gradually, leveraging partnerships from the early stages, and with a start-up mentality

Reaching goal

Steady growth and long-term evolution (2027…) • Key capabilities internalized, with well established partners • Physical presence in 3-4 KSA cities + 1-2 international satellite hubs • Key focus on:

• Becoming go-to entity for innovation in KSA • Further expanding beyond KSA borders

Early growth phase (2025-26) • In-house team expanded • Physical presence in 3-4 KSA cities • Key focus on: • Building track record in each of the three business segments • Building in-house capabilities

Launch & initial build up (2023-24) • Small in-house, start-up-minded team, complemented by external partners • Physical presence in 1-2 KSA cities • Key focus on • Build a “scout network” to attract innovators • Gain support from government / institutions and secure funding

Source: Kearney

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