Business Incubation Zone (BIZ) establishes corporate governance systems in start-ups or existing businesses, as well as monitors the health and performance of businesses to ensure continued competitiveness. It assists enterprises and its promoters to successfully launch opportunities, expand existing ones and establish strong market presence, making Business Incubation Zone the preferred safeguard for investments.
Business Incubation Zone is not another management or business development programme or even a training programmes. LAMID Consulting recognizes from several years of experience working with SME's in Africa, that there are many good programs out there for developing and strengthening business skills, or even for preparing feasibility studies.
Yet, none of them address the fundamental issue of how to systematically strengthen and maximize the entrepreneurial potential in small and medium enterprises, in a hands-on manner, like the Business Incubation Zone model does. Because of the prevalent lack of understanding of SMEs, solutions are crafted for them as if they are miniature large organizations, no wonder such recommendations are ineffective. This is the remarkable difference with the Business Incubation Zone model. It is developed on several years of experiential insights gained by working with SMEs and a firm conviction that SMEs should be evaluated and strengthened on the basis of their individual characteristics and requirements.
Business Incubation Zone is designed to enhance the efficiency, competitiveness, and profitability of enterprises. This is achieved by developing their strategic management capability.
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