Business Incubation Support

Business Incubation Support

  1. Market Linkages and Integration
    • Facilitation of backward and forward supply chain connections.
    • Establishing partnerships with market actors, Chambers of Commerce, and business associations.
  2. Access to Finance
    • Linking entrepreneurs with financial institutions for low-interest loans and collateral-free financing.
    • Facilitating access to green banking initiatives for climate-resilient businesses.
  3. Entrepreneurship Development
    • Capacity-building through skills development and business model innovation.
    • Regular mentoring, coaching, and guidance for sustaining enterprises.
  4. Business Development Services (BDS)
    • Needs assessment and delivery of tailored business development support.
    • Training on access to markets, production skills, and financial services.
    • Conducting market assessments and supporting the development of business plans.
  5. Business Model Innovation
    • Incubation support through innovative and adaptive business models.
    • Continuous enterprise development and follow-up mechanisms.
  6. Capacity Building of Partner Staff
    • Enhancing skills in delivering BDS, including market access, financial services, and production skills.
  7. Financial Linkages
    • Proposing viable financial mechanisms based on industry best practices.
    • Exploring grant and investor opportunities for business growth.
  8. Monitoring and Evaluation
    • Establishing frameworks to track and measure progress in business incubation outcomes.
  9. Sustainable and Green Business Support
    • Promoting financing and support mechanisms for environmentally sustainable businesses in vulnerable areas.
  10. Business Planning and Strategy Development
    • Assisting entrepreneurs in crafting comprehensive and actionable business plans based on market assessments.