Network Member

Busy Internet

Ghana

Contacts	Estelle Akofio-Sowah info@busyinternet.com http://www.busyinternet.com
Objectives	Affect policymaking Create jobs Develop profitable enterprises Provide income generating opportunities for disadvantaged populations Raise the awareness of potential entrepreneurs The infoDev-funded work program is to enable BusyInternet to become a leading business incubator in Africa reducing the failure rate of early-stage companies and speeding up the growth of companies that have the potential to become substantial generators of employment and wealth. Specifically the objectives are the following: to provide quality services, expertise and information to start-up companies that will help them organize and manage their businesses professionally; to build the institutional capacity of BusyInternet as well as that of the incubating companies; to provide networking opportunities for access to technological innovations, markets and business incubation associations; to expose start-ups to investors and other sources of funding; to create a resource database for tenants’ companies to access data on industry best practices; to educate both private and public sector leaders about the value of supporting the small business incubation concept and process in order to promote integration of ICT in business for economic development.
Description	.
Interests	In 2008, BusyInternet is embarking on rolling out two new projects- The IFC SME Toolkit and the BID Network. Both projects aim at providing a one-stop information shop for entrepreneurs, building their capacity, providing technical assistance and reducing the risk of failure at the early stages of business growth and development. BusyInternet will also in 2008 open two branches in Tema and central Accra, expanding our outreach to other parts of the capital.
Services	Facilities: ICT services Facilities: Office space 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 non-resident clients (virtual incubation) 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 Networks and Synergy: Facilitation of linkages between incubates Networks and Synergy: Networking events Networks and Synergy: Referrals to business professionals
Year Opened	2001
Type	Private sector
Model	For-profit
Sectors	Information and Communication Technologies Other: The Service sector in general
Target Population	Urban poor Women Youth
Advocacy	This organization actively works to improve innovation and entrepreneurship policy and regulation

IFC's SME Toolkit Launched in Benin - BusyInternet to host SME Toolkit in Ghana

27 February 2008 | IFC distributes the SME Toolkit in several countries by partnering with local organizations that translate the product into local languages and offer relevant content in areas such as business regulations, sources of financing, and local business directories. ... More

Busy Internet's Business Incubator in Ghana

22 May 2008 | Case study of Busy Internet's Business Incubator based in Accra, Ghana and supported by infoDev. More

Space

	Business Incubator	Technopark
Buildings	1
sq.m. available in total	1800
sq.m used for incubator services/admin	619
sq.m. rented by client firms	288

Clients

	On-Site	Off-Site	Technopark
	Business Incubator
Number of client firms	10
Number of employees in client firms	50

Graduation

	2007	2008	Total*
Number of graduated firms	32	3	35
Number of employees in graduated firms	71	16	87
Companies still in operation 3 years after graduation	16	13	29

*since beginning of incubator operation

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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The World Bank | 1818 H Street NW | Washington, DC 20433 | USA

idisc@infodev.org

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Last Updated
07 September 2010

iDISC

Network Member

Busy Internet

Ghana

IFC's SME Toolkit Launched in Benin - BusyInternet to host SME Toolkit in Ghana

Busy Internet's Business Incubator in Ghana