| WHAT IS BUSINESS INCUBATION? |
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Business Incubation is a dynamic process of business enterprise development. It is designed to support business start-up by providing entrepreneurs with the appropriate resources, services and environment in which they can flourish. For example just as a newly born baby needs constant nurturing to undergo the various developmental stages in life, in the same way Business Incubation is a holistic approach to supporting, nurturing, and developing newly formed and small businesses to a point of growth and sustainability.
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Many business start-ups and small businesses may fail for numerous reasons including insufficient start-up capital, lack of entrepreneurial and business skills, inadequate training or lack of markets. However in order to address some of these issues SACOMA CFE
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has launched a new initiative called the Business Incubation Programme. This innovative model of Business support heralds the start of a new initiative for entrepreneurial individuals and those with sustainable business ideas. Its aim is to encourage entrepreneurship in individuals or groups that generally lack access to mainstream business advice and help.
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SACOMA CFE Business incubation is designed specifically to help people like you – people with an idea for a business, in the early stages starting a business or determined to grow your small business. We provide business incubation to Small to Medium Enterprises (SMEs- including voluntary group's ad social enterprises). To encourage faster growth and greater survival rates of new enterprises.
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Our business incubator units aim to facilitate new company formation by nurturing young start-up and spin-out companies, encouraging them to survive and grow, and reach their true potential.
We also offer an extensive range of services tailor made to meet each company's individual needs |
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| We are committed to supporting companies and helping them to thrive. To help you start on your journey to success at Sacoma cfe your first consultation is free of charge. |
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| Sacoma cfe supports the process of business incubation through access to accommodation and services tailored to the needs of start-up. Small companies can benefit from flexible leasing arrangements and access to shared facilities (for example meeting rooms and photocopiers). |
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| We will provide hand holding, |
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| - mentoring, specialized support services |
| - networking during the start up phase |
| - Expert guidance and a wide range of shared & specialized services including critical support services and linkage to Knowledge transfers and regulators. |
| - The incubation package includes a business support ‘menu' and hot-desking facilities or managed work space. |
| - Key facilities provided for sacoma physical incubator |
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Single monthly fees |
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Business advice and support |
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Broadband service, WIFI router box and e-mail address |
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Thin client desktop PC, flat channel monitor |
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Office set printer/fax/scanner |
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Software, Sage, Microsoft Office |
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Initial IT support |
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Use of the SACOMA registered address |
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Forward of mail at cost |
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Telephone answering services during working hours |
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Display of marketing materials at SACOMA |
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Presence on SACOMA website |
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Use SACOMA business amenities at in-house rates |
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Access to SACOMA Networks locally and internationally |
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| SO WHAT ARE THE BENEFITS OF BUSINESS INCUBATION? |
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| - Act as a catalyst for economic development |
| - Help young companies to overcome the initial problems of starting –up that can often lead to failure of a new business. |
| - Help entrepreneurs combat the loneliness and stress of starting a business |
| - Provide access to mentors, investors and specialist advisors |
| - Provide viability in the marketplace and credibility |
| - Encourage faster growth and a greater survival rate of new companies |
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| Who is the service for? |
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| SACOMA CFE helps |
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| - businesses starting up, |
| - businesses growing, |
| - social enterprises |
| - businesses reorganizing |
| - Businesses considering or using structured business formats. Structured business formats include franchising, direct selling, licensing and distribution. |
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| For a brochure about our Business Incubation programme please click here. |
