M2Innovate

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M2Innovate: Mission and Objective

Constantly upgrading the quality of services within the Hajj and Umrah sector through cultivating an ecosystem that enables entrepreneurs to create and deliver innovative solutions.

M2Innovate: Rationale

A multi-stakeholder team representing the western region of Saudi Arabia (comprised of Makkah and Madinah) has recently concluded a 2-year engagement in MIT REAP (Regional Entrepreneurship Acceleration Program). The focus of such an engagement was to design and develop a strategy that would serve as a toehold for the development of the innovation and entrepreneurship ecosystem of the respective regions focusing on the comparative advantage of Hajj and Umrah. To sustain such efforts, M2Innovate was conceived of to serve as a convening platform that drives the collective impact geared towards supporting the chief objective of the strategy, which is to “constantly upgrading the quality of services within the Hajj and Umrah sector through cultivating an ecosystem that enables entrepreneurs to create and deliver innovative solutions.


Read more about MIT REAP's approach

M2Innovate: MIT REAP Stakeholder Model

About 8 regions participate annually in the two-year MIT REAP engagement. Each partner region is typically represented by 5 stakeholder groups, which are: government, corporate, academia, risk capital, and the entrepreneurial community. These stakeholder model quintessential to the overall MIT REAP framework. Team Saudi Arabia Western Region was part of cohort 5, which included the following regions: Ghana, Lebanon, Melbourne, Australia, Queensland, Australia, Quito, Ecuador, and Yakutia, Russia. The cohort started its engagement in 2017 and finished in 2019. Nearly 50 regions have participated in the program so far. 

Learn more about MIT REAP's approach

M2Innovate: Approach

M2Innovate aspires to evolve as a backbone organization that applies the collective impact approach to:

- Guiding the implementation efforts of the region’s MIT REAP Strategy.
- Supporting the aligned activities around the key strategic interventions to cultivate the innovation ecosystem of the regions.
- Tracking progress against agreed upon metrics Ensuring adequate resources are available on a reliable basis for driving the development  and implementation of existing and new strategic interventions.
- Convening cross-sector stakeholders to identify new opportunities for further developing the regions’ Innovation-Driven Ecosystem (IDE) within the context of Hajj an Umrah.


Learn about the Collective Impact Approach

M2Innovate: Member of MIT REAP Global Network

As a member of MIT REAP Global Network, Team Saudi Arabia Western Region (M2Innovate) will benefit from the following:

- Continuing to learn from new MIT faculty research and receive updates about REAP faculty visits, MIT events, and REAP alumni reunions.
- Engaging with a global community of regional innovation leaders who have a continuing commitment to supporting innovation and entrepreneurship.
- Continuing to engage with MIT Sloan and MIT Sloan Global Programs.
- Tracking impact of REAP team activities post-program.
- Increasing awareness of the MIT approach as it relates to the science of innovation.
- Accessing and learning from collective impact assessments through surveys & data from MIT REAP Alumni.
Building continuous intra-cohort and inter-cohort collaborations (of more than 50 regions globally.)



MIT REAP Global Network Webpage


Resources



Members



Partners

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