Business incubation in the private sector, South Africa
Raizcorp is a for-profit incubator in South Africa which does not receive government or donor funding. Revenue is raised through a mixture of fees and equity stakes in the client companies. The incubator's relationship with client businesses continues beyond the initial start up period to the time when businesses become profitable and beyond. This article describes Raizcorp's business model and what has been achieved so far. It emphasizes that there are no blueprints on how to run a perfect business incubator. The circumstances in different countries, and even different regions within countries, demand different solutions. Raizcorp found that operating in rural Kwazulu Natal required a different approach from urban South Africa.Albert, P. and Gaynor, L. (2001) ‘Incubators - growing up, moving out, a review of the literature’, CERAM Sophia Antipolis.
Allen, D. and Dougherty, M. (1987) ‘The business incubator industry in 1987’, National Business Incubation Association.
Duff, A. (1994) ‘Best practice in incubator management’, AUSTEP Strategic Partnering.
Knopp, L. (2006) ‘State of the business incubation industry’, National Business Incubation Association, Athens
Luck, J., Jones, D., McConachie, J. and Danaher, P. (2004) ‘Challenging enterprises and subcultures: Interrogating “best practice” in Central Queensland University's course management systems’, Innovation and Development 1(2)
Mattson, A. (2008) ‘Supporting solopreneurs’, http://ezinearticles.com/Supporting-Solopreneurs [accessed 24 November 2008]. http://ezinearticles.com/Supporting-Solopreneurs
Small Business Council (1988) ‘Business incubators’, Canberra: Australian Government Publishing Service.
Albert, P. and Gaynor, L. (2001) ‘Incubators - growing up, moving out, a review of the literature’, CERAM Sophia Antipolis.
Allen, D. and Dougherty, M. (1987) ‘The business incubator industry in 1987’, National Business Incubation Association.
Duff, A. (1994) ‘Best practice in incubator management’, AUSTEP Strategic Partnering.
Knopp, L. (2006) ‘State of the business incubation industry’, National Business Incubation Association, Athens
Luck, J., Jones, D., McConachie, J. and Danaher, P. (2004) ‘Challenging enterprises and subcultures: Interrogating “best practice” in Central Queensland University's course management systems’, Innovation and Development 1(2)
Mattson, A. (2008) ‘Supporting solopreneurs’, http://ezinearticles.com/Supporting-Solopreneurs [accessed 24 November 2008]. http://ezinearticles.com/Supporting-Solopreneurs
Small Business Council (1988) ‘Business incubators’, Canberra: Australian Government Publishing Service.
Albert, P. and Gaynor, L. (2001) ‘Incubators - growing up, moving out, a review of the literature’, CERAM Sophia Antipolis.
Allen, D. and Dougherty, M. (1987) ‘The business incubator industry in 1987’, National Business Incubation Association.
Duff, A. (1994) ‘Best practice in incubator management’, AUSTEP Strategic Partnering.
Knopp, L. (2006) ‘State of the business incubation industry’, National Business Incubation Association, Athens
Luck, J., Jones, D., McConachie, J. and Danaher, P. (2004) ‘Challenging enterprises and subcultures: Interrogating “best practice” in Central Queensland University's course management systems’, Innovation and Development 1(2)
Mattson, A. (2008) ‘Supporting solopreneurs’, http://ezinearticles.com/Supporting-Solopreneurs [accessed 24 November 2008]. http://ezinearticles.com/Supporting-Solopreneurs
Small Business Council (1988) ‘Business incubators’, Canberra: Australian Government Publishing Service.
Albert, P. and Gaynor, L. (2001) ‘Incubators - growing up, moving out, a review of the literature’, CERAM Sophia Antipolis.
Allen, D. and Dougherty, M. (1987) ‘The business incubator industry in 1987’, National Business Incubation Association.
Duff, A. (1994) ‘Best practice in incubator management’, AUSTEP Strategic Partnering.
Knopp, L. (2006) ‘State of the business incubation industry’, National Business Incubation Association, Athens
Luck, J., Jones, D., McConachie, J. and Danaher, P. (2004) ‘Challenging enterprises and subcultures: Interrogating “best practice” in Central Queensland University's course management systems’, Innovation and Development 1(2)
Mattson, A. (2008) ‘Supporting solopreneurs’, http://ezinearticles.com/Supporting-Solopreneurs [accessed 24 November 2008]. http://ezinearticles.com/Supporting-Solopreneurs
Small Business Council (1988) ‘Business incubators’, Canberra: Australian Government Publishing Service.
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