Internet Solutions Mozambique redefines business incubator conce
Internet Solutions Mozambique redefines business incubator conce
Internet Solutions Mozambique (IS), rated one of the top1 ISPs in the country, is about to launch the “IS Business Incubator”, a revamped version of the traditional business start-up model.
Aimed at actively supporting aspiring entrepreneurs who have passion and ambition but lack the necessary business skills, the IS Business Incubator will be officially launched at the AITEC Southern Africa Summit to be held in Maputo on 5 and 6 December.
“In an economy that is showing one of the highest growth rates in Africa, we believe supporting the development of a better business environment is the best contribution local corporations can make to ensure that capital reaches the many opportunities that exist in Mozambique,” says IS Mozambique CEO, Hermann Woithe.
“Many aspiring entrepreneurs are simply not in a position to ride the economic wave, simply due to lack of basic business skills. We believe that with entrepreneurial passion, focus and an ambitious spirit one can train a potential entrepreneur to make a success,” he explains.
A nationwide competition will be announced in January, inviting hopeful entrepreneurs to submit a motivation on why their business idea is a good one to be supported. A selection panel comprising participating local corporates will select the 10 best submissions. This group will then attend a weekly comprehensive, rigorous business training curriculum stretching over a period of two to three months. The training will include all the intricacies of establishing and running a successful business, ranging from strategy, marketing, bookkeeping, logistics and others. The moderators will be experts in their respective fields.
“Our vision for the IS Business Incubator is among others to promote a culture of entrepreneurship, innovation, sustainable growth, and stimulus to business competitiveness in Mozambique, and to support the creation of innovative ventures, and collaborate on the development and consolidation,” Woithe adds.
“Our partnership with other large corporations in Mozambique is essential for the success of the endeavour, and we are currently in the process of signing up partners. With our combined input, we will grant these aspiring entrepreneurs the opportunities to taste the successes we have been experiencing,” he says.
1 In 2011, IS Mozambique was rated the best Internet service provider in the business sector in the country, following the results of a three-month independent study conducted by PMR.africa.
Read Internet Solutions Press Release here