Introduction

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

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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:

  • Building milestone strategies and goals with our clients
  • A huge network of international and regional Subject Matter Experts and Consultants
  • A solid portfolio of partnerships with leading technology and knowledge vendors
  • Accommodating International diversified distinct skills and knowledge, locally
  • Bilingual support of all our services and products
  • Dedicated learning solutions covering areas of specialized technical training in Soft Skills, Human Resource, Project Management and Management Information Systems
  • Innovative knowledge transfer techniques through our services and programs such as Management Outsourcing, ME-HR Hub and other

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

  • Advisory & Consulting Services NTEC’s business model is demand driven Through scouting local and regional markets, NTEC continues to identify market needs and potential business opportunities in both private and government sectors, and then reacts actively or proactively, via its various business models and the capabilities of its fully owned subsidiaries to address such needs and opportunities in a manner that suffices and cascades its main objectives Thus, NTEC has developed unique Investment and Operational Strategies: Since the launch of its Spin-out Mode, NTEC no longer invests directly but rather through its fully owned subsidiaries; KLSC, Impulse Int’l and EnerTech NTEC’s investments are now geared towards National Level technology Projects and Initiatives

The Group’s investment strategy is based on the following investment criteria:

  • Local & Regional Start-up Projects
  • Venture Capital – International
  • Private Equity – International & Regional NTEC’s Subsidiaries invest in the project’s equity in partnership with the private sector and accommodates two types of technology projects; internally developed by NTEC’s Subsidiaries and externally developed by the private sector In both cases, NTEC’s Subsidiaries favour a form of Joint Venture, partnering with technology providers, supporting projects with added value, demanded and are internationally proven concept

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

NTEC alternative Venture capital firm
Ready Player Ventures
Ready Player Ventures
Longfellow Venture Partners
Longfellow Venture Partners
Operator Collective
Operator Collective
Agaeti Venture Capital
Agaeti Venture Capital
Splunk Ventures
Splunk Ventures
Delbridge Capital Partners
Delbridge Capital Partners
Metavest Capital
Metavest Capital
Telegraph Hill Capital
Telegraph Hill Capital
SEMA Translink Investment
SEMA Translink Investment
CitareTx Investment Partners
CitareTx Investment Partners
Westlake Venture Partners
Westlake Venture Partners
iEurope
iEurope
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