Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Business incubation


Published on

Business incubation

  1. 1. Business Incubation <ul><li>Is a public / private, entrepreneurial, and social development process designed to nurture business ideas through a comprehensive business support program, help them establish and accelerate their growth and success. </li></ul>
  2. 2. <ul><li>Is a facility designed to assist businesses to become established and profitable during the start up phase. </li></ul><ul><li>It provides </li></ul><ul><li>Business advice </li></ul><ul><li>Business services </li></ul><ul><li>Networking </li></ul><ul><li>Mentoring </li></ul><ul><li>Full time manager </li></ul>Business Incubator
  3. 3. Four Phases Of Business Incubation
  4. 4. <ul><li>Pre Incubation </li></ul><ul><li>> Research support, training, business Planning </li></ul><ul><li>Early Stage </li></ul><ul><li>> Advice, Marketing, Technical, Legal, Accounting </li></ul><ul><li>Classic Incubation </li></ul><ul><li>> Accommodation, Funding Access, Network, Support </li></ul><ul><li>Graduation </li></ul><ul><li>> Marketing Close Support </li></ul>
  5. 5. Key success factors The four phases <ul><li>Preparatory Process: </li></ul><ul><li>Identification surveys to selected locations </li></ul><ul><li>Local consultants who are familiar with local conditions </li></ul><ul><li>I dentification of a strong sponsor </li></ul><ul><li>Commitment by governmental agencies </li></ul>
  6. 6. Key success factors The four phases <ul><li>The Start of Initial Operations requires: </li></ul><ul><li>Involvement of the private sector </li></ul><ul><li>Continuing programs for improving management skills of incubator staff and tenants </li></ul><ul><li>Links to other SME programs </li></ul><ul><li>Exchanges of information </li></ul>
  7. 7. Key success factors The four phases <ul><li>The Sustainability of Incubator Operations needs: </li></ul><ul><li>Imaginative ways of raising income </li></ul><ul><li>Political stability, macro-economic policy structure and regulatory framework that encourage entrepreneurship </li></ul>
  8. 8. Feasibility study <ul><li>Is an important and necessary step to design the business incubator and assess whether an incubator must be feasible or not. </li></ul><ul><li>Topics </li></ul><ul><li>Market (need analysis) </li></ul><ul><li>Stakeholder-Community support </li></ul><ul><li>Facilities and Services </li></ul><ul><li>Infrastructure </li></ul><ul><li>Financial feasibility </li></ul>
  9. 9. Planning Feasibility study <ul><li>Social </li></ul><ul><li>Economic </li></ul><ul><li>Political </li></ul><ul><li>Business </li></ul><ul><li>Cultural situation </li></ul>
  10. 10. Establishment of Technology Incubation Center Partners (Board Members and other Partners Number Percentage international agencies 36 13,4% National authorities and public agencies 68 25,3% Companies, banks and other private sector organizations 56 20,8% Universities and other organizations 44 16,4% Community and voluntary organizations 34 11,5% Total 269 100%
  11. 11. Strengthening Technology Incubation Systems For Creating High Technology Based Enterprices In Advance Developing Companies Of Asia and The Pacific
  12. 12. I – Innovation & Entrepreneurship N – Networks and Collaboration C – Competitiveness U – Understanding the roles (Public / Private Sector) B – Buy -in A – Access to resources T – Technologies O – Outreach R – Review : Monitoring and Evaluation
  13. 13. Thank you for your Attention and participation