Business incubation provide SMEs and start-ups with the nurturing environment needed to develop and grow their businesses. Business Incubation is a structured, but customisable process that allow businesses at any level of the business scale (start-up, growing business of mature business) to join the incubation process and be able to accelerate their business

Who can apply?

  • Students from the NWU Vanderbijlpark Campus
  • Any entrepreneur from our community (60km radius around campus)

 

Assessment Process

  • Apply via online platform: http://applications.incubatorportal.com
  • First evaluation
    • Business profile
    • Team member profiles & hiring projections
    • Business model - product / service
    • Support requirements
    • Business model - customer segment

 

Interview and Second Evaluation

  • Business idea
  • Revenue projection
  • Clearly define their customer segment
  • The team - demonstrable skills / experience in the type of business
  • Personal sacrifice
  • Commitment and personal discipline
  • Communication skills
  • Mentors
  • Does the applicant have the ability to meet programme criteria?
  • Clear understanding of the business and industry

 

bhive EDC service offering

  • Structured programmes
  • Programmes customized for individual needs
  • Hot desk space in incubator
  • Entrepreneurial Events
  • Network Opportunities / Business Networks
  • Coaching & Mentoring

 

GrowthWheel helps entrepreneurs build their businesses through a simple action­ focused process that stays true to the way most entrepreneurs think and work.

The GrowthWheel Tools include the following:

  • 360° Interactive screening tool
  • 30-60-90 Day Planning tool
  • Various templates for delivering a marketing plan, financial plan, etc.