Civil Engineering Reference
In-Depth Information
Fig. 5
Enterprise life cycle phases and funding options
5.1.3 Incubation Support Programs from TDP
The National Incubator Network (NIN) is one of the three key components of the
Start-up Program under the Technopreneur Development Program(TDP). The NIN
role is toward fulfilling one of the main objectives of the TDP vision that is to
''capture and cluster'' technopreneurs nationwide and to spawn as well as nurture a
critical mass of technopreneurs, Small and Medium Enterprises (SMEs) and start-
up companies involved in ICT and also biotechnology industries.
The of Model for Incubation program involves leveraging of government
agencies, institutes of higher learning (IHLs), finance providers, business cham-
bers, and other private sector resources to help start-ups and SMEs to gain a foot
hold in the market. It also involves provision of infrastructure for start-ups like the
setting up of a special buildings for startups and SMEs businesses in the regional
cluster (at lower costs), including one in the cluster university and also private
incubators. The features of the incubator would include low cost rentals, funding
access, market access information, basic business services, and in some cases
proximity to 'regional development authority the MDC' or access to manpower
and technology—from the universities in the proximity.
The Technoprenuer Development Division (TeDD) would be involved in the
Management of Incubation Process, Aggregation/QC of All Incubation Services
(Space, Shared facilities, Value-Added Business Services) and also in Manage-
ment Sub-Incubators.
A special feature of the incubation services is the TECHNOLOGY LABS,
which include
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