A warm welcome to our website! On behalf of the National Technology Enterprises Company “NTEC” and its fully owned subsidiaries, let me be among the first to welcome you to our website Since its inception date, NTEC embraced a mission to lead both government and private sectors in the development and application of leading edge technology; and a vision to become the “Middle East's Technology & Knowledge Transfer Platform” Today, NTEC plays a vital role in servicing major stakeholders, locally and regionally, with their technology needs through innovative and flexible business models accommodating technology projects development, technology investments, advisory services and supportive Training & Development programs We are experiencing multiple technological revolutions than ever before seen in the era of ICT, Life Sciences & Healthcare and Energy related Technologies NTEC has from the nascent stage kept abreast with the cutting edge of the evolving technologies It is credited to be among few companies that have invested substantially in technology and more importantly, its people Our spirit of innovation has acted as a catalyst in our continued growth, success and credibility and we can say with pride that we are among those few organizations that have empowered its employees with decision-making capabilities through fostering the virtue of trust and independence Welcome again and thank you for taking time to visit our website Mr Anas Meerza – Group CEO The National Technology Enterprises Company (NTEC) was established back in November of 2002 and operational in late 2004, by the Kuwait Council of Ministers as a fully owned subsidiary of the Kuwait Investment Authority (KIA) Capitalized at 100 Million Kuwaiti Dinars (Approximately 350 Million U S Dollars), with a paid up capital of 85 Million Kuwaiti Dinars NTEC was created to play a vital role in servicing major stakeholders in Kuwait with their technology needs The company holds a unique position being fully owned by the Kuwaiti Government, yet enjoys all private sector privileges and operates as such; with its own business license, articles of association, board of directors and capital, NTEC was able to utilize its broad objectives and technology focus being: Information & Communications Technologies, Life Sciences & Healthcare Technologies, Energy, Renewable Energy, Water & Environmental Technologies, to develop distinctive operational and investment strategies to address its core mandate: Technology & Knowledge Transfer
“Startup or Partnering in high-tech specialized projects to develop the national economy and to diversify the nation’s revenue streams” “Assist in the development of nationals’ technical skills and encourage their participation in high-tech projects” “Carry out high-tech industrial, commercial, vocational, professional and service oriented projects’ studies throughout all sectors relevant to the country’s technology development needs” “Start or participate (invest) in technology investments and deals locally and internationally for financial gain as well as for the purpose of supporting local & regional technology developments” National Advisory Services Company (NASCO), is a newly established wholly-owned subsidiary of NTEC; the mission and mandate of which is to provide best-in-class technology, strategic, and management / operational advisory services to public and private-sector institutions and enterprises, both locally and regionally, by way of leveraging its high-caliber resources and unique market position, while committing to upholding business independence, integrity, professionalism, and clients’ best interests in all circumstances and at all times For more information please visit www nasco com kw
ENERTECH is a fully owned subsidiary of (NTEC)that focuses on technology projects development and investment, its main objectives are to transfer technologies in Kuwait and GCC region by creating platforms, invest in regional opportunities of private equity, venture capital, direct investment, and participate in projects as lead; co-lead partner in energy, water , recycling and clean tech sectors with a mission to lead both government and private sectors in the development and application of leading edge technology
For more information please visit www enertech com kw Kuwait Life Science Company is a fully owned subsidiary of (NTEC) that focuses on healthcare innovative concepts and demanded services which have a clear unmet need KLSC has been designed as an integrated healthcare company building unique projects and is considered one of the fewest venture capitalists in the Middle East that invests globally and operates regionally seeking to advance healthcare services and systems in the region
KLSC supports both public and private sectors to access emerging technologies, establish unique projects and adapt best practices prevailing in today’s healthcare field KLSC operates in healthcare investment, medical technologies and training
For more information please visit www klsc com kw IMPULSE is a fully owned subsidiary of (NTEC) that offers complete ICT and value solutions for the Enterprises and SMBs IMPULSE offers applications and solutions that enable voice and data services to be provided to users, including mobile services applications, wireless entertainment applications, VAS system integration, security service and other industry-specific customized solutions
Staying connected everywhere, requires sophisticated, secure and costly solutions that are difficult to provide, install and maintain IMPULSE understands the challenges associated with developing and maintaining such a system IMPULSE has engineered its highly skilled resources to come up with a family of ICT solutions to fulfill costumer requirement of security, performance & quality
IMPULSE’s innovative and high performance solutions are easy to deploy and manage Powerful, flexible, easy and cost-effective are some of the terms which identify IMPULSE’s solutions
For more information please visit www impulse com kw Global Innovation Company is one of the leading regional providers of innovative human capital development solutions GIC is a fully owned subsidiary of (NTEC), concentrating on developing its business through:
For more information please visit www gic net kw National Company for International Educational Services & Training (NEST) aims for a seamless integration of a School, University, National Leadership Institute & Vocational Training Centre designed for business leaders, executives, managers, entrepreneurs and those involved in management components of a business NEST aims to provide a new and holistic approach to education, catering to all ages and driving the development of a competitive workforce in Kuwait capable of supporting a prosperous knowledge-economy and aims to become one of Kuwait’s leading educational service providers For more information please visit www nest edu kw
The Group’s investment strategy is based on the following investment criteria:
International Venture Capital, VC, investments are NTEC’s Subsidiaries’ core experience The focus is pre-commercialization stage companies that are viable and financially attractive with clear exit strategies and a vision to expand into new markets in Kuwait and the region NTEC’s Subsidiaries invest in companies with products or services which solve existing customer problems with ground-breaking technologies and have the potential for above average, substantial growth Through many years of experience in Venture Capital investments, NTEC’s Subsidiaries’ team has developed a systematic process based on thought selection process, comprehensive due diligence, and an active investment management
For the purpose of reducing the time gap of certain demanded technology introduction into mass markets along with building a true technology transfer platform, NTEC’s Subsidiariesinvest in the form of Private Equity in technology companies that have the potential of regional expansion, and a proven concept with sustainable business model