Network Member
PBA (Panama Business Accelerator)
Panama
Incubator Overview
| Objectives |
The infoDev-funded work program is to facilitate new activities that will help the incubator to reach out to more prospective clients all over the country and to deliver better solutions for them. Specifically, the new activities are to include the following: - creating a seed capital fund for PTBA that will enable it to start new ventures;
- developing a national business plan competition to create awareness of the incubation system and what it can offer in the entrepreneurial sector to help create a stronger incubation base;
- formulating an incubator training course for the country in Spanish and a methodology that can be applied across all the other incubators in Latin America;
- serving as a virtual incubator to complement the work of PTBA as well as to expand the reach of the incubator to more entrepreneurs preparing business plans using the methodology already approved by the incubator;
- finalizing an online training course for entrepreneurial development that local universities can offer.
|
| Description |
|
| Interests |
The infoDev-funded work program is to facilitate new activities that will help the incubator to reach out to more prospective clients all over the country and to deliver better solutions for them. Specifically, the new activities are to include the following:
creating a seed capital fund for PBA that will enable it to start new ventures;
developing a national business plan competition to create awareness of the incubation system and what it can offer in the entrepreneurial sector to help create a stronger incubation base;
formulating an incubator training course for the country in Spanish and a methodology that can be applied across all the other incubators in Latin America;
serving as a virtual incubator to complement the work of PBA as well as to expand the reach of the incubator to more entrepreneurs preparing business plans using the methodology already approved by the incubator;
finalizing an online training course for entrepreneurial development that local universities can offer.
|
| Services |
-
Facilities: ICT services
-
Facilities: Office space
-
Facilities: Shared laboratories
-
Facilities: Shared workshops
-
Facilities: Special rates with service providers
-
Finance: Equity Financing
-
Finance: Financial management training
-
Finance: Financial management/accounting services
-
Finance: Linkages to financiers
-
Finance: Seed Capital
-
Finance: Venture Capital
-
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
-
Incubation and Business Development: Training in business management
-
International Business Services: Help entering particular markets
-
International Business Services: Trade facilitation
-
Networks and Synergy: Facilitation of linkages between incubates
-
Networks and Synergy: Networking events
-
Networks and Synergy: Referrals to business professionals
-
Technology Transfer: Help with commercializing technology
-
Technology Transfer: Help with intellectual property/patent advice
Other:
|
| Year Opened |
2000
|
| Type |
NGO
(This incubator is associated with a technology park)
|
| Model |
Not-for-profit
|
| Sectors |
-
Agriculture
-
Information and Communication Technologies
-
Manufacturing
-
Mixed Use
-
Textile
Other:
|
| Target Population |
-
Rural poor
-
Urban poor
-
Women
-
Youth
|
| Advocacy |
This organization actively works to improve innovation and entrepreneurship policy and regulation
|
Incubator Statistics
| Space |
|
|
Business Incubator |
Technopark |
| Buildings |
1
|
19
|
| sq.m. available in total |
2500
|
47500
|
| sq.m used for incubator services/admin |
2500
|
30000
|
| sq.m. rented by client firms |
15
|
72
|
Note: We do not offer rental space (virtual incubator)
|
| Clients |
| |
Business Incubator |
Technopark |
| |
On-Site |
Off-Site |
|
| Number of client firms |
15
|
0
|
65
|
| Number of employees in client firms |
45
|
0
|
650
|
|
| Graduation |
| |
Last Year |
Total* |
| Number of graduated firms |
1
|
18
|
| Number of employees in graduated firms |
10
|
46
|
| Companies still in operation 3 years after graduation |
1
|
10
|
*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
|
|