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

But how does it work?

Who can apply?

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

Assessment Process

Step 1: 

• Apply by sending an email to incubation@nwu.ac.za
• Please include the following in your email application:
  • Business profile
  • Team member profiles & hiring projections
  • Business model - product / service
  • Support requirements
  • Business model - customer segment

Step 2:

• The bhive EDC representative will contact you to provide feedback on your aplication and/or set up an appointment
• The Second evaluation will entail:
• 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

Step 3:

• Acceptance or rejection of applicant as client