Technology Business Incubation
The digital revolution and economic globalization are taking us into a new era. We are moving towards a global knowledge society where technology, skills and competencies become the driving forces for social and economic development.
A Technology Business Incubator is a combination of physical space, entrepreneurial ideas, administrative and management support, training, mentorship and contact to investment community, all joined to nurture new companies in the critical early stages of development.
More specifically, a typical High-Tech Business Incubator is a building in which space is provided for entrepreneurs who are forming new companies. The InnoVest technology incubators have a central office in which common services are provided. By incubating businesses, we foster the growth and development of new technologies, powerful entrepreneurial practices, and the advancement of business sectors.
High-Tech Incubator Formation
InnoVest provides the following services for planning, establishing and investing in technology business incubators:
1. Research the local technology needs & requirements
a. Industry sectors
b. Government
c. Manufacturing sectors
d. Information and Communication Technology (ICT)
2. Establish a working relationship with local universities
3. Develop high-tech incubator specification
4. Establish an advisory group
5. Assessment of local business support
6. Analysis of local economic activity
7. Site identification
8. Identification of financing sources and methodology
9. Creation of start-up plan
10. Marketing and publicizing
11. Evaluation and redefinition of goals
InnoVest’s experts local knowledge develop strategies for these incubators that will fit the local and regional needs. We will also invest in the SME incubation center and move them to US market as business model allows.
Our technology incubators become the content for Science and Technology parks that has been developed internationally.