Professional incubator, stronger start-ups
Where the typical PUM customer is the SME that is already in business for some time, with the Incubator Programme we help to create new SME’s.
Young people account for up to 40% of the world’s unemployed. Nearly 90% of the world’s young people are based in the developing world. After leaving school, a striking majority of young people enter the informal economy, while many migrate, looking for opportunities elsewhere. Evidence indicates that lack of decent work opportunities is a significant determinant of emigration. Entrepreneurship drives sustainable development.
According to a widely accepted international definition, the term incubator is: “an organisation which executes an incubation process designed to enable the accelerated growth of high quality start-ups into successful businesses, by means of the application of an integrated package of services, including workspace services, culture coaching, business planning, access to capital and business network, etc.” Incubators, also known as start-up clusters or accelerators, are (artificial) ‘breeding grounds’. Synonyms: start-up center, accelerator, innovation lab, innovation hub, etc. Organizations that typically start an Incubator are Universities, Chambers of Commerce, Private Organizations, Investment funds, Local authorities.
With our services, we assist to set-up an incubator, to run the incubator and also a project for the individual start-ups that come out of the incubator is possible.
Next to a pool of experts with over 30 years of experience in setting-up and running incubators and supporting start-ups, we have a PUM-approach with workshops, trainings, presentations and checklists available that we will implement, customized to the local environment, in the Incubator Center. We will train and guide the Incubator staff via the train-the- trainer concept.
We work with the Incubator center for a period of 2 – 3 years with the aim to create a fully functioning incubator with continuity, which is sustainable and self-financing after the initial period. As such, the Incubator will create new companies for many years to come. We already support incubators in Indonesia, the Philippines and Vietnam. In South America we are active in Peru and Surinam and of course in Africa we support incubators in Ghana, Kenia, Morocco, Sierra Leone, Tanzania, The Gambia and Uganda. We invite you to contact us to explore the possibilities. Please watch the short film, which will give you further insight on what PUM can do for you or visit our website: https://www.pum.nl/incubators