WISE SNDTWU INCUBATION CENTRE (Section 8 Company)

Incubation Model

Pre-Incubation

There are many who wish to become entrepreneurs but lack the know-how to convert their ideas to viable businesses. Many business ideas require thorough contemplation, consideration, deliberation, introspection and evaluation in order to make the venture sustainable and profitable.The pre-incubation stage aims to provide budding entrepreneurs with the knowledge and skill-set required to concretise their startup idea. The end goal of this stage is that the entrepreneurs are able to cover all their bases when pitching their startup idea.

During the pre-incubation stage, WISE will provide:

  • Business Training
  • Registration & Compliance
  • Technical Support
  • Prototyping
  • Pitching

Incubation

The incubation stage is to provide formal training and facilitate skill development in the entrepreneurs shortlisted after the panel evaluation. During this phase, the entrepreneurs will be provided with training and resources in order to accelerate the growth rate of their business venture.

  • Business Strategy
  • Capacity Building
  • Infrastructure
  • Access to market
  • Access to finance
  • Business Mentoring
  • Intellectual Property Solutions
  • Seed funding facilitation

Virtual Incubation

In order to provide easy access to incubation facilities, WISE also provides the option for startups to join the virtual incubation program.

We understand that location and geographical boundaries can act as an impediment to various budding startups, hence this virtual incubation program aims to provide the same benefits as physical incubation while at the same being cost-effective.

During virtual incubation, WISE will provide:

  • Startup toolkit
  • Access to events
  • Access to webinars
  • Connecting with mentors
  • Technology consulting
  • Access to prototype grant
  • Access to seed funding
  • Meeting space