Most SMEs are launched by aspiring entrepreneurs who have had no previous experience, possibly even little exposure to a mature corporate environment. The enterprises are not planned properly, markets are not assessed, products are not commercialized, marketing is not adequate or imaginatively creative, and good corporate governance frequently lacking. There is a crisis across economic spheres due to the nature of a tight labour market and few good opportunities for employment for the annual graduating students where they can watch and learn best practices.
Business Plan competitions encourage individuals, understandably but regrettably, long-term success remains illusive. They have little access to financial products and services, little training in project management and scheduling, and are unaware of basic business practices like feasibility studies, execution plan, working processes...etc. Worse still, they are unaware of the people, networks and support programs that do exist that could be of assistance.
So you've got a business idea or you want to turn it into a multimillion Rand company?
How do you utilize The Oxy Incubator platform to start, better, or expand your business?
We offer resources, which are available for businesses to utilize in order to ensure a successful transition to a healthy business operational module.
We are ready to assist and develop businesses by providing step by step support and guidance together with direction.
WHO WE INCUBATE
We invest in entrepreneurs in a myriad of business sectors, ranging from manufacturing, ICT, fashion and textiles, construction, consulting, industrialization, agriculture,
agro-processing, retail, legal, multimedia, hospitality, recycling, general trade horticulture, engineering, accounting & finance, energy etc. If there’s potential for the business's existence and success in the market, we seek to build and develop that company.
Do you have an existing business but it's pre-revenue or you have a business idea and don't know where to start?
We analyse your existing business or potential business idea, assessing the viability of the company and potential for growth
The company's corporate image is identified and revitalised to present it as a reputable brand and corporation
We facilitate and enhance the development of business skills pertaining to the company's director(s) through practical training
We open the door for distribution and access to markets, revenues go up and the company's value increases
The typical occupancy time is 3 months, with support post leaving the incubation centre. Actual occupancy is based on the company’s business plan and the time required for it to become profitable. This may be lengthened or shortened by mutual agreement or with appropriate notice by either party.