Bidc Accepting Applications For Incubator

BIDC Incubator

The Barbados Investment and Development Corporation is accepting new registrants for its Incubator facility.

Game-changing entrepreneurs who are desirous of accessing on-site business advice and support services for the purpose of getting their business ideas off and running in a cost-effective and nurturing environment are being urged to apply. Companies applying for placement in the Incubator must be three years old or less and must be registered or incorporated. Owners should have a business plan and be willing to accept mentorship and guidance.

The BIDC incubator facility is where start-up businesses are moulded into economically viable enterprises with the capacity to create employment and stimulate economic growth.  Facilities can accommodate businesses involved in services or light manufacturing. The incubator provides business counselling and a range of services to startup and growing companies to aid their development and sustainability.  In addition, incubatees are offered:

  • Affordable workspaces
  • Access to business intelligence
  • Local telephone, fax machine and photocopying services
  • Computer and printer services with internet access
  • Fully equipped conference room and training room
  • Shared lunch rooms
  • Mail box/ Business Address
  • Building security
  • Parking facilities

There are valuable benefits to be gained from being resident in the Incubator. There is the internal dynamics that are derived from businesses working together in a shared physical space with certain common services, the joint and cross-disciplinary learning that takes place, and the opportunity to form business networks and to make contacts which are vital to the launch of successful ventures.

Friday, February 20, 2015