Network Member
SmartXchange
South Africa
Incubator Overview
| Objectives |
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Create jobs
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Develop profitable enterprises
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Provide income generating opportunities for disadvantaged populations
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Raise the awareness of potential entrepreneurs
Provide linkages to funders, linkages to international trade opportunities
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| Description |
|
| Interests |
We are preently running our Entreprenuer Support programme which supports high growth enterprises. Also we are strongly looking at supporting those small, consultancy type of business, whom may not expand to empley large numbers, but maybe supported to achieve sustainability. This is going to be done via a model of shallow incubation (still researching this and hot desk sort of facility for these). We are hosting roadshows in in KZN trying to increase the awareness on ICT as a career option and also enreprenuership. Targeted audience for the roadshow has been Tertiary institutions (Universities, technikons and other Further Education Training centres (FETs).
We would like to interact with other incubators to share and learn.
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| Services |
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Facilities: Office space
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Facilities: Shared laboratories
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Facilities: Shared workshops
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Facilities: Special rates with service providers
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Finance: Financial management training
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Finance: Financial management/accounting services
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Finance: Linkages to financiers
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Incubation and Business Development: Business information
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Incubation and Business Development: Business management and development advisory services
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Incubation and Business Development: Incubation program for non-resident clients (virtual incubation)
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Incubation and Business Development: Incubation program for resident clients
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Incubation and Business Development: Mentoring/coaching
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Incubation and Business Development: Training in business management
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International Business Services: Help entering particular markets
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International Business Services: Trade facilitation
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Networks and Synergy: Facilitation of linkages between incubates
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Networks and Synergy: Networking events
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Networks and Synergy: Referrals to business professionals
Other:
Participate in programmes aimed at bridge the digital gap, developing a pool of ICT skills for the region to address skill shortages
|
| Year Opened |
2004
|
| Type |
NGO
(This incubator is associated with a technology park)
|
| Model |
Not-for-profit
|
| Sectors |
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Information and Communication Technologies
Other:
|
| Target Population |
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Rural poor
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Urban poor
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Women
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Youth
|
| Advocacy |
This organization actively works to improve innovation and entrepreneurship policy and regulation
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Incubator Statistics
| Space |
|
|
Business Incubator |
Technopark |
| Buildings |
13636
|
0
|
| sq.m. available in total |
680
|
0
|
| sq.m used for incubator services/admin |
3500
|
0
|
| sq.m. rented by client firms |
9000
|
0
|
Note: We do not offer rental space (virtual incubator)
|
| Clients |
| |
Business Incubator |
Technopark |
| |
On-Site |
Off-Site |
|
| Number of client firms |
23
|
15
|
0
|
| Number of employees in client firms |
170
|
29
|
0
|
|
| Graduation |
| |
Last Year |
Total* |
| Number of graduated firms |
4
|
4
|
| Number of employees in graduated firms |
65
|
45
|
| Companies still in operation 3 years after graduation |
2
|
2
|
*since beginning of incubator operation
Note: Does not keep track of the companies graduated
Note: Does do not use a graduation model for our incubator
Note: Is in regular contact with (most of) the graduated firms
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