LUMI X DUBAI SME Collaboration Part II

Quests to build Entrepreneurship Skills and Ecosystem in Dubai, aligned to the D33 Goals

The D33 Vision for Entrepreneurship and How Lumi can help

Our Understanding of Your Goals

How Lumi Will Deliver Targeted Outcomes to Support Dubai SME

Develop entrepreneurship skills in local population esp. youth. Additionally develop AI and design thinking skills to build startups.

Dubai Emirati and SME population

Skill Building

• Launch 27,000 startups
• Handhold 8,000 startups- through capacity building, tech. and global growth

Provide youth & workforce a platform to come up with ideas in new sectors with prototypes & business plans

Startup Ideas

Develop entrepreneurial talent for the SME and startup ecosystem. Provide access to a global network of experts entrepreneurs, investors & business leaders.

SME & Startup Ecosystem

Achieve IPO or Unicorn Status for 400 startups

2024 Goal: Deliver entrepreneurship training to 5,000 Emiratis (>3X of 1.5K people trained in 2023)

How Lumi can help Dubai SME support the D33 agenda

2024

2025

2026 - 2033

10,000 Emiratis

50,000 Dubai Youth Per Year

# of Participants

1,000 Emiratis

• University & TVET Students
• Working Professionals

• University & TVET Students
• Working Professionals
• High School Students

• University & TVET Students
• Working Professionals

Participant Type

• Async Quests (AI-driven) to select candidates with promising ideas
• Live facilitation (Virtual)
• Local Bilingual Facilitators

• Async Quests (AI-driven) to select candidates with promising ideas
• Live facilitation (Virtual)
• Local Bilingual Facilitators

• Live Facilitation (Virtual)
• Local Bilingual Facilitators

Facilitation

• Upskill 1,000 Emiratis
• 200 Innovative Ideas
• 40 Startups for Funding

• Upskill 10,000 Emiratis
• 1,000 Innovative Ideas
• 100 Startups for Funding

• Upskill 50,000 Emiratis
• 10X Innovative Ideas
• 10X Startups for Funding

Outcomes

Proposed 2024 Plan

Primary Quest

Advanced Quest

1,000 Emirati Youth

Quests on up to 5 Sectors

Advanced Support

Funded Innovation

Outcomes

100 Quests

• Tourism
• Healthcare
• Food & Nutrition
• Sports
• e-Government

1,000 Emiratis trained in Entrepreneurship Skills + 200 Developed Ideas

40 Funded Startups

200 Ideas with Business Plans

Lumi Quest By Phase

Iterate

Prototype

Investigate

Ideate

The quest divides into smaller teams of Luminaries

• Brainstorm around the challenge statements

• Validate idea through first-hand surveys & research

• Identify key components of one's solution

• Develop the storyboard

Teams bring their ideas to life with latest low/no-code tools

• Collaboratively develop/ code the solution e.g. an app, website, chatbot, etc.

• Design the logo, UX, and build content

• Build your solution using wireframing

• Present the prototype app and gather real feedback from members of community

• Research the global problem and develop a global, fact based view

• Interview members of the community to gain deeper insights

• Understand personas - people experiencing the problem

• Generate precise needs statements

• Design and implement user testing scenarios

• Refine solution using initial user feedback

• Develop a more robust solution

• Get targeted and expert help where nedded

• Present your refined prototype

Key Outputs

Lumi Quest By Session

Phase 1: Investigate (high level outline, each session = 120 mins)

Session 5

Session 4

Session 2

Session 3

Session 1

Session Goal Meet your cohort, get to know Lumi better and discuss the Quest. Create a real sense of belonging, uniqueness and fun.

Session Goal Understand big problems affecting people all around the world, Let's try to see things from their perspective.

Session Goal Learn how to create challenge statements that capture what, who, where and why to help with brainstorming

Session Goal Imagining a person who is having the problem and describing the challenge in a clear way

Session Goal What problems are we able to solve and who are we solving these problems for, conducting interviews

Skills

• Taking initiative

• Collaborative problem solving
• Critical thinking
• Empathy

Skills

• Appreciating others
• Collaboration
• Active listening

Skills

• Giving feedback
• Taking initiative
• Problem solving
• Resilience

Skills

• Empathy
• Design thinking
• Collaboration

Skills

• Critical thinking
• Design thinking
• Storytelling

Phase 2: Ideate (high level outline, each session = 120 mins)

Session 2

Session 5

Session 3

Session 4

Session 1

Session Goal End of phase 2 presentation

Session Goal Plan how your app will look and work. Introduction to wireframing

Session Goal Make a storyboard to show how your idea will work from start to finish. A Lumi expert will give you feedback to make it even better.

Session Goal Revisit brainstorming and then learn how to decide which ideas are good vs. not so good

Session Goal Revisit our challenge statements and start brainstorming your solutions using existing frameworks

Skills

• Storytelling
• Presenting
• Collaboration

Skills

• Critical thinking
• Agile project management
• Collaboration

Skills

• Confidence
• Storytelling
• Resilience

Skills

• Storytelling
• Wireframing
• Critical thinking

Skills

• Design thinking
• Collaboration
• Taking initiative

Proposed Operating Model

Goal: Train 1,000 Emiratis on Entrepreneurship skills in 2024

Operating Model

• Quest Topics: Healthcare, Food & Nutrition, Sports, Tourism, e-Government

• Participants: University and TVET students (e.g. HCT), and working professionals

• Delivery Method: Virtual

• # Quests: 100 Quests (each with 10 Emirati participants). 11-12 quests per month.

• Duration: 1-week long hackathons with University/TVET students.

8 weeks long (4.25 hours a week, early evening time) with working professionals

• Facilitators: Both Global as well as local (bilingual) facilitators

• Subject Matter Experts: Dubai SME will bring experts in each of the 5 sectors. SMEs will spend 30-45 mins across 3-5 sessions to provide feedback and offer expertise to the challenges being solved.

Quests will be overseen by Lumi founders and Chairman, along with seasoned global and Dubai-based business leaders.

Prashant Raizada Founder - CEO, Lumi

Dr Christopher Shen Co-founder - CIO, Lumi

Lord Henry Bellingham Chairman, Lumi

Adjunct Professor of Medicine, Stanford University. 25 years VC with USD$2B+ in value. Founder of Singapore Biodesign (a Stanford University affiliate)

Member of the House of Lords, UK. Former Cabinet Minister under David Cameron. Member of Parliament, UK. Seasoned British politician.

ex-McKinsey serial entrepreneur with 24 years globally in ed-tech/tech/strategy. Advisor to boards of education companies.

Hari Padmanabhan

Kosmo Kalliarekos

Managing Director, EQT Partners, Founding Member- Parthenon Director of the Board, Nord Anglia

Chairman and CEO, Uncia. Executive Chairman of TrackIT. Ex Chairman of OS Labs. Seasoned Dubai business leader

Quests will be facilitated by local bilingual innovation facilitators who will bring the local cultural knowledge and contexts.

• Extensive experience in education and coaching spans over two decades
• Deeply committed to helping youth reach their full potential.
• Certified coach, entrepreneur, and teacher.

• Certified coach dedicated to empowering youth.
• With her guidance, young individuals learn to manage life’s challenges, and strive towards independence.
• Coaching stule fosters self-esteem and motivation

400+ coaching hours delivered

500+ coaching hours delivered

• Coaches youth to become resilient, innovative and capable of coping with future challenges.
• Worked with organizations on team development, team dynamics, and supporting new employees in transition to their novel positions.
• Focus is mainly on tailoring future leaders.

• An enthusiastic leader and researcher in Digital gaming and English language learning.
• Certified Leadership Assessor and a Certified Leadership Coach.
• Passionate to coach youth and leaders to support them through the transitions they go through and the leaders they aspire to be.

500+ coaching hours delivered

300+ coaching hours delivered