The steps to Start and Grow a Business
The Turbine Business Incubation Programme helps businesses reach important milestones in their growth and development, whether securing their first clients, mapping out their supply chain, or hiring new team members. Learn how to start a business and gear it for growth.
A start-up needs to get support from a professional start-up coach to stay focus and goal oriented.
You need to have access to relevant people within the industry or the community to showcase my product or my service and sell it.
The business needs expertise services to draft an agreement, a marketing plan, or a product development roadmap.
You need office space for your team.
You need investment to develop your product or service.
You are ready to join the programme and reap the benefits in exchange of Turbine’s 10% equity of your start-up
WHO CAN APPLY?
The Incubation Programme is aimed at entrepreneurs who are ready to register their business with the Mauritian Authorities. This programme is open to foreigner who are willing to start their venture in Mauritius and benefit from the Innovator’s Visa.
KEY SELECTION CRITERIA
You and your team are fully committed to your project
You have already secured funding or savings to start developing your product or service
You have a business plan with clear milestones and objectives.
Your business idea is scalable and is different from what exists already.
You have ambition to scale and raise investment within the next 12 months
You are open to business coaching
12 months programme
Fortnightly Business Coaching
Access to network and investors
45k of budget for expert’s services
Free working space for 2
Exposure and visibility
Incubation helps entrepreneurs go from plan to execution.
Entrepreneurs are paired up with a coach from the Turbine team, with whom they have weekly one-on-one meetings. Coaches will help the entrepreneur establish a project plan and targets for growth.
Access to Network, part of ENL group, Turbine will help you meet with good people at the right time.
Access to finance, we facilitate meeting with venture capitalists, business angels when it is time for funding.
No entrepreneur should go for it alone !! It takes support and guidance to truly realize the potential of your idea. Turbine offers all this support in one place, they provide you with a dedicated mentor to accompany you on your journey, the use of a co-working space, a community of likeminded people to learn from and share with, access to a comprehensive list of experts in all the necessary fields including legal, finance and marketing to name a few and network to ensure you get the best chance of success. Turbine has been of great value in the setup of ConnectMe and the launch of our first product www.tutorme.mu , a platform connecting anyone looking for tuition in Mauritius with trusted tutors. We would highly recommend the incubation program to anyone looking to test, validate and grow their business.
Turbine has been a fantastic experience because it helped us step into an entrepreneur’s life with the right mindset and the proper tools. The support from the team and other start-ups was incredible. More than just an organization that will help you set up your business, Turbine is a community that celebrates seeing businesses thrive and individuals achieve their full potential.
The Incubation Programme gave me the support that I needed to create a prototype and launch it. During the one-year programme, my ideas and assumptions were challenged and as a result I was able to build a better product to better serve my customers.