The Incubator, in cooperation with project’s partners will provide advisory and consulting services, marketing and financial support. The Incubator will provide the access to residents in exchange for free of charge informative seminars or preliminary consultations. They also have the access to professional service, allowing them to focus on their core business activities. As such, they don’t waste their time on looking for equipment and services outside their workplace.
Providing affordable facilities and shared area – The Incubator will provide each entrepreneur with an area that he/she needs. By providing the residents with an area that meets their current needs, it is possible for them to allocate scarce financial resources to other value-added services.
Organizing professional consultancy – The Incubator, in cooperation with project’s partners will provide –either directly or through third party providers- professional advisory and consulting services for its residents. The manager or the staffs of the Incubator provides basic advisory services, including marketing and financial advice.
Virtual incubation – Virtual incubators are typically hosted by a university or a research centre and are characterized by the ability to operate both within and without a building, they serve their clients as a virtual facility or resource within the Internet and provide services within an e-learning methodology. Young Entrepreneur Club – Entrepreneurs’ Club represent a business club created by young entrepreneur students with willingness to teach and mentor others, where ideas can be freely challenged and where knowledge gained from many sources will be used to the benefit of all members. Members will find here opportunities to match needs with solutions opportunities as well as a place to exchange opinions and thoughts.
Junior Innovator – Junior Innovator is an entrepreneurship initiative that seeks to stimulate an entrepreneurial mindset and life skills among youths. The initiative includes workshops, open discussions and other intense activities to ensure students take the most away from the experience.
- Business Modeling
Business process modeling (BPM) in systems engineering is the activity of representing processes of an enterprise, so that the current process may be analyzed or improved. BPM is typically performed by business analysts, who provide expertise in the modeling discipline; by subject matter experts, who have specialized knowledge of the processes being modeled; or more commonly by a team comprising both. The business objective is often to increase process speed or reduce cycle time; to increase quality; or to reduce costs, such as labor, materials, scrap, or capital costs. In practice, a management decision to invest in business process modeling is often motivated by the need to document requirements for an information technology project. - Commercialization
- Prototyping
A prototype is a draft version of a product that allows you to explore your ideas and show the intention behind a feature or the overall design concept to users before investing time and money into development. A prototype can be anything from paper drawings (low-fidelity) to something that allows click-through of a few pieces of content to a fully functioning site (high-fidelity). It is much cheaper to change a product early in the development process than to make change after you develop the site. Therefore, you should consider building prototypes early in the process. Prototyping allow you to gather feedback from users while you are still planning and designing your Web site. - Internationalization
The Cluster will facilitate the international exchange of contacts and presence by fostering the internationalization of mindset, collaboration and experience.