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TACIS Institution Building Partnership Programme (IBPP). “BOOSTING A CULTURE OF WOMEN’S RIGHTS IN KAZAKHSTAN” INTEGRATED PROJECT TO REDUCE SOCIAL MARGINALITY AND EMPOWER VULNERABLE WOMEN IN KOKCHETAV, CHIMKENT, TARAZ, & ENBEKSHI-KAZAK. Incubators and support to enterprise creation.
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TACIS Institution Building Partnership Programme (IBPP) “BOOSTING A CULTURE OF WOMEN’S RIGHTS IN KAZAKHSTAN” INTEGRATED PROJECT TO REDUCE SOCIAL MARGINALITY AND EMPOWER VULNERABLE WOMEN IN KOKCHETAV, CHIMKENT, TARAZ, & ENBEKSHI-KAZAK Incubators and support to enterprise creation Rita Bonucchi Bonucchi & Associati srl 5-3
Business incubation is a dynamic process of business enterprise development. Incubators nurture firms, helping them to survive and grow during the start-up period when they are most vulnerable. Incubators provide hands-on management assistance, access to financing and orchestrated exposure to critical business or technical support services. They also offer entrepreneurial firms shared office services, access to equipment, flexible leases and expandable space – all under one roof. US National Business Incubation Association (NBIA) Definition
Business Incubation • Definition Agreed at Global Summit Delhi October 2004 • The (wider) business incubation environment is the wider context which should be conducive to the sustainable nurturing of growth potential and the development of enterprises. • Business incubation is a public and/or private, entrepreneurial, economic and social development process designed to nurture business ideas and start-up companies and, through a comprehensive business support programme, help them establish and accelerate their growth and success. • The business incubator is a physical space or facility that accommodates a business incubation process.
What IS a business incubator? • A business incubator: • Encourages entrepreneurship • Supports the development of new ventures • Fosters greater business diversification in the community • A business incubator accomplishes these goals by providing: • Shared facilities • Comprehensive support services • Mentorship • … to start-up and fledgling businesses
The Incubator Industry • ~ 4,000 Business incubators> 450 science/technology parks> 300 for-profit incubators • > 70 countries have 2 or more incubators • > 60 National and Regional incubator associations • Some countries have 10-15 years of experience indeveloping and supporting incubators (Julian Webb, Creeda)
Incubator --- redefined (Julian Webb, Creeda) I Innovation & Entrepreneurship N Networks and collaboration C Competitiveness U Understanding the Roles: Public-Private B Buy-In A Access to resources T Technologies O Outreach R Review: Monitoring and Evaluation
Types of incubators Technology Level Low Medium High Low Industrial Estate Business Park Science Park Managed Workshop Enterprise Centre Innovation Centre Medium Multi Purpose Business Incubator High Technology Centre Business and Innovation Centre Management support CSES – Centre for Strategy and Evaluation Services, 2002
Critical Risks & Challenges 1. Lack of adequately trained staff. 2. Limited financial resources. 3. Limited or lacking community support. 4. Ongoing incubator vacancies
Incubators can fail for the samereasons any small business can fail… 1. Failure to clearly identify markets 2. Failure to price services appropriately 3. Failure to adequately plan cash flow
References • IASP – International Association of Science Parks • APSTI – Associazione Parchi Scientifici e Tecnologici Italiani • SI - Sviluppo Italia • NBIA – National Business Incubation Association (USA) • UKBI – UK Business Incubation • ELAN – Réseau National des Dirigeants de Pepiniéres d’Entreprises • EBN – European Business Network • UKSPA – UK Science Park Association • ADT - Netzwerk Deutscher Innovationszentren • European Commission – Enterprise Directorate General
References • National Business Incubation Association (NBIA)www.nbia.org • United Kingdom Business Incubation (UKBI)www.ukbi.co.uk • Australia and New Zealand Association of Business Incubators (ANZABI)www.anzabi.com.au • Asian Association of Business Incubation (AABI)www.aabi.info
TACIS Institution Building Partnership Programme (IBPP) “BOOSTING A CULTURE OF WOMEN’S RIGHTS IN KAZAKHSTAN” INTEGRATED PROJECT TO REDUCE SOCIAL MARGINALITY AND EMPOWER VULNERABLE WOMEN IN KOKCHETAV, CHIMKENT, TARAZ, & ENBEKSHI-KAZAK Incubators and support to enterprise creation Rita Bonucchi Bonucchi & Associati srl 5-2