Civil Engineering Reference
In-Depth Information
the Technopreneur Development Division (TeDD) in November 2001. The lead
agency driving the division is the Ministry of Science, Technology and Innovation
with Multimedia Development Corporation (MDeC) acting as the implementing
agency.
The core objectives of the Technopreneur Development Division (TeDD) are
to:
• To facilitate the development of technopreneurs, start-ups, and existing ICT
companies
• To catalyze and nurture a cluster of ICT SMEs
• To assist and facilitate the growth of ICT SMEs into world-class companies
5.1 Enterprise Value Chain—An Action Model for the TDP
Programs to Catalyze ICT Entrepreneurs and SMEs
The Technopreneur Development Division uses the Value Chain Model, which it
calls the Technoprenuer Value Chain, for its support programs for entrepreneurs
and also small and medium enterprises in the ICT sector. Figure
4
below shows
the Technoprenuer Value Chan with the associated needs for the enterprise at each
stage.
Cognizant that business ventures at different stages of growth require techno-
preneurs to have different competencies and skills set, the MTD program has
designed its development programs to meet the needs of technopreneurs at dif-
ferent phases of the Enterprise Life Cycle (ELC).
The Enterprise Life Cycle (ELC) has the following phases—starting with
Discovering and Assessing Opportunities, moving on to Business Planning and
Gathering Resources, Managing Growing Business, and finally Harvesting
Value—which essentially covers business development from pre-idea stage, idea
stage, pre-seed and to the growth and expansion stages of an enterprise. In order to
help create and develop entrepreneurs and SMEs the Technoprenuer Development
Division (TeDD) has created some program to create a sustainable ecosystem and
ensure the continuity across the Enterprise or Technopreneur Value Chain. These
programs fall under the following categories:
• Awareness and Development Programs
• Funding Programs
• Incubation Programs
• Enterprise Growth Programs
• Partnership Programs.
In the following section an explanation of the programs under the above-
mentioned categories' is presented:
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