Network Member
Maxum Business Incubator
South Africa
Incubator Overview
| Objectives |
-
Affect policymaking
-
Create companies that export revenues
-
Create jobs
-
Develop profitable enterprises
-
Provide income generating opportunities for disadvantaged populations
-
Raise the awareness of potential entrepreneurs
|
| Description |
Maxum Business Incubator provides an enabling environment where start-ups from the knowledge-intensive sectors, including information and communications technology (ICT), biosciences, electronics, and advanced manufacturing and materials, are fast tracked to compete in the global village. The incubation process improves the survival rate of start-up companies by helping them become financially viable, usually within two to three years. Incubation also creates a synergistic environment where entrepreneurs can share learning, create working partnerships and do business together and it helps to open doors to markets and resources
|
| Interests |
Recruitment drive for new incubatees
ICT Women Entrepreneurship Programme
Starting networking sessions next year
Looking for possible funders for our current/new incubatees
|
| Services |
-
Facilities: ICT services
-
Facilities: Office space
-
Facilities: Shared workshops
-
Finance: Linkages to financiers
-
Incubation and Business Development: Business information
-
Incubation and Business Development: Business management and development advisory services
-
Incubation and Business Development: Incubation program for resident clients
-
Incubation and Business Development: Mentoring/coaching
-
Incubation and Business Development: Pre-incubation services
-
Networks and Synergy: Facilitation of linkages between incubates
-
Networks and Synergy: Networking events
-
Networks and Synergy: Referrals to business professionals
-
Technology Transfer: Help with intellectual property/patent advice
Other:
|
| Year Opened |
2001
|
| Type |
(This incubator is associated with a technology park)
|
| Model |
For-profit
|
| Sectors |
-
Information and Communication Technologies
Other:
advanced manufacturing; bioscience; electronics
|
| Target Population |
|
| Advocacy |
This organization actively works to improve innovation and entrepreneurship policy and regulation
|
Incubator Statistics
| Space |
|
|
Business Incubator |
Technopark |
| Buildings |
1
|
0
|
| sq.m. available in total |
1399
|
0
|
| sq.m used for incubator services/admin |
97
|
0
|
| sq.m. rented by client firms |
1302
|
0
|
Note: We do not offer rental space (virtual incubator)
|
| Clients |
| |
Business Incubator |
Technopark |
| |
On-Site |
Off-Site |
|
| Number of client firms |
11
|
12
|
0
|
| Number of employees in client firms |
37
|
143
|
0
|
|
| Graduation |
| |
Last Year |
Total* |
| Number of graduated firms |
4
|
36
|
| Number of employees in graduated firms |
12
|
187
|
| Companies still in operation 3 years after graduation |
4
|
7
|
*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
|
|