1. Direct Investment in US inventions by the Qatar Business Incubation Center (QBIC)
Respectfully Submitted by:
Greg J. Micek, JD
Seth Nyenya
DATE
WHYHOUSTON:
Houstonisthe “InnovationCapital of the World”.
See:https://www.youtube.com/watch?v=U-sOQU9PMYA.
PROPOSAL SUMMARY:
The HoustonInventorsAssociation(HIA-foundedin1983),see: www.inventors.org,andthe Young
InventorsShowcase (YIS-foundedin1988), see: www.younginventorsshowcase.org,are both501.c.3
non-profitagenciesthatserve adultandyounginventors,respectively.We propose QBICprovide
inventiondevelopmentfundingandresources,similar toitscurrentxxx programat QBIC,through both
organizations’adultandyounginventors,respectively,inexchange forthe internationalmarketing
rights.The inventorswouldretainsalesrightsinNorthAmerica.
BACKGROUND
The Houston InventorsAssociation(HIA): Servingthe HoustonGulf Coastregion,HIA supportsthe
commercializationeffortsof 100-150 membersannually.Ithostsmonthlymeetingsinwhichthe
membersreceivehandsonproblemsolvingfeedbackonthe entire scope of “goto market”challenges.
HIA alsoconductsan annual InventorsFaire,whichcanbe seenhere:
https://www.youtube.com/watch?v=DmW_Mb-LnHk.
The YoungInventors Showcase (YIS):The YIS programis an annual competition,runningfrom
Novemberthroughthe finalsinthe endof May.Local science teacherseducate theirstudentsonthe
inventionprocess,usingthe attachedstudyguide.The programtypicallysees2,000-2,500 invention
submittalsthathave preliminaryjudgingeventsatthe local school,withabout120 inventionsreaching
the finals.Typically,about5%of the inventionsare consistentlycommerciallyviable,makingnearlyall of
the final inventionscandidatesfortakingtomarket.Fora thoroughlookat a typical finalsevent,see the
2009 editioninthis16 minute video: https://www.youtube.com/watch?v=Vn_SORNKmUg.
The historyof bothorganizationscanbe viewedhere:
https://www.youtube.com/watch?v=wYLWm69uR48.
PROPOSAL SPECIFICS:
1. Numberof Inventions:BothHIA and YIS wouldworkwithQBDCto identifyupto10 inventions
fromeach program,for a total of up to 20 inventions,thatwouldbe attractive
commercializationprojectsapplicable tothe Gulf ArabStates.
2. Exclusive DistributionRights: QBICwouldbe grantedexclusivedistributorrightstothe Gulf
Arab Statesregion,atminimum,withoptionsthatwouldextendtootherregions,suchasAfrica,
Europe,Asia,etc.
3. Nature of Relationships:

2. a. QBIC wouldassignastudentfromwithinitsCenterthatwouldhave adirectrelationship
withthe Inventor.
b. NeitherHIA andYIAA wouldhave anyequityinterestinthe individual inventor’s
invention.AnagreeduponroyaltyinterestwouldvestwithHIA orYIAA,respectively,as
a residual interest.
c. QBIC wouldestablishit’sowncontractual relationshipswiththe QBDCstudentandthe
HIA/YIAA inventor.
4. Scope and Funding:QBIC wouldsetaside aone time fundof $5 million,tobe drawndownas
the individual inventionsare launched.Afterthe “upto”20 inventionsare fullylaunched,an
assessmentwill be made byall of the partiesas to the nextphase of the program.
INCUBATOR
All partiestothisagreementwill create ataskforce to establishthe mosteffective andefficientbusiness
model forthe “go to market”channelsof the aggregate inventions.
GregJ. Micek,JD –Incubator relatedbackground
 www.linkedin.com/in/gregmicek.
 March, 1983-January, 1983: Executive Director,HoustonEntrepreneurCenter,
600 WestGray.
 1987-1991: Founder/ManagingPartner,The PlusCompanies,including,Sales
Plus(SandlerSalesFranchisee-Houston),FinancialsPlus,HumanResourcesPlus,
and Grants Plus.
 1991-1992: Executive Director,Small andMinorityContractorsEnterpreneural
Program forthe Austin/BergstromAirport.
 1997-2000: Managing Partner,JVWeb,Inc.,aweb-basedecosystem(publicly
tradedas JVWB)designedtobringmajorbrandsto the web.
 2004-2008: ManagingPartner,Enterprise Builders.
 2009-2013: Micek Law FirmPIPEfundingprogram, whichbroughtemerging
technologiestopubliccompanies.
PARTNERS
The followinginstitutionsare beingtargetedforinclusioninthisprogram:
 The Universityof Houston,CTBauer School of Business,Wolfe Centerof Entrepreneurship
 The HoustonTechnologyCenter
 TexasA&Mand it’scampusin Dohar.
 The HoustonAngel Network(www.han.com)
 The Tiger 21 (www.tiger21.com)
 The National InnovationAssociation(www.nationalinnovationassociation.org)
 The Universityof HoustonSmall BusinessDevelopmentCenter
 The U.S. Trade Dept
APPENDIX

3. SAMPLE OF INVENTION CANDIDATES