The Turbine is an incubator and start-up accelerator based in Mauritius. We help smart, ambitious people turn good ideas into flourishing businesses. Here's how we work and how to get involved.
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The Turbine is an incubator and start-up accelerator that helps aspiring entrepreneurs turn ideas into start-ups, and early stage businesses into thriving, successful companies. Our vision is for Mauritius to become a vibrant and internationally recognised innovation and start-up hub.
The Turbine runs four different programmes and a business idea competition geared towards pre-start-up and start-up business ventures. The programmes offer the mentoring and guidance, operational support, physical space, and access to finance and networks that entrepreneurs need to focus on developing their businesses.
The Turbine's programmes are open to both Mauritian and foreign nationals, with no restrictions on age or gender. Projects can be from any sector as long as they are innovative and bring something new to the table (a new product, a new service, or new way of doing something).
The Turbine is an independent organisation that receives financial and operational support from ENL and other corporate partners. All profits are reinvested in the organisation.
The Turbine offers the following support to aspiring entrepreneurs through a number of programmes.
Turbine programme participants have access to a beautiful co-working space in a striking ex-industrial building in the heart of the Vivea Business Park, in Moka, central Mauritius. This includes access to meeting rooms, events space, audio-visual equipment, IT and other back-office services.
Entrepreneurs have access to business coaches with whom they establish and work towards personal growth and development targets. The Turbine also provides operational assistance - HR, legal, marketing and PR, as well financial planning and reporting - and access to sectoral expertise.
The Turbine offers advice on and facilitated access to venture capital financing. A small amount of seed funding is available exclusively to our Accelerate programme participants.
Entrepreneurs are able to access a wealth of networking opportunities with programme peers, Turbine and corporate partner staff, and our vast network of mentors and industry leaders from a wide variety of sectors.
The Turbine offers four different programmes to support aspiring entrepreneurs at different stages of their start-up's development.
The Turbine's Inspire programme is a business readiness course that helps aspiring entrepreneurs create a business case for promising ideas. The course aims to give entrepreneurs the tools to assess the viability of their concept, by helping them refine their business plan; assess potential areas of difficulty in their projects; and learn to present their project in a way that will stand up to investor's scrutiny. We want Inspire to motivate and encourage its participants to start their own businesses. The programme is offered twice a year over one month.
An intensive residential business bootcamp, designed to support entrepreneurs as they rapidly scale up an existing business. By providing them with a small amount of seed investment and access to our extensive mentor network, the Accelerate programme helps entrepreneurs overcome the organisational and financial barriers that are holding their start-ups back. This allows them to identify the steps they need to take to move to a new level of rapid and sustainable growth. Accelerate is offered three times a year over four months.
Incubate is an ongoing incubation programme designed to take entrepreneurs from idea to execution. The programme provides entrepreneurs who have already registered their business with the guidance and operational and financial support they need to create a robust structure and focus on growing their business without any distractions. Our mission is to support entrepreneurs as they take their start-ups from budding ventures to thriving companies. Incubate is run continuously throughout the year. Incubatees stay with us for a maximum of 24 months.
Go Africa is an intensive accelerator course designed to help existing start-ups devise strategies for expansion into African markets. Beneficiaries are typically companies that are already in operation but require support, advice and access to finance in order to go global. We support them in taking practical steps towards this goal. The programme takes place twice a year over a six-month period.
The Turbine Business Idea Competition is an annual innovation and entrepreneurship challenge.
The Turbine Business Idea Competition aims to identify budding entrepreneurs whose ideas are still on paper, but have the potential to be great businesses.
Winning entries will receive one of four cash prizes of a total sum of Rs 200,000 to help them get their venture off the ground. They will also be invited to take part in the Turbine's Inspire business readiness programme, worth over Rs 125 000, for free in early 2016!