about us
our company
Startup Lab collaborates with the most serious minded entrepreneurs in order to develop innovative ideas and projects into successful companies that can be called upon to solve our continent’s most challenging problems.
who we are
A team of business professionals
Startup Lab collaborates with the most serious minded entrepreneurs in order to develop innovative ideas and projects into successful companies that can be called upon to solve our continent’s most challenging problems.
Princes Bobo
Founder & Director
Blessing Mugumwa
Digital Manager
Sethunya Tlhabiwe
Mentorship Program
who we are
A team of business professionals
Incubation
We work with entrepreneurs across the continent to develop their ideas into solid businesses that have important social impact in their communities. We offer training in business tools, legal requirement compliance and adding technology innovations to their business.
co-working space
Best solution for small to medium startup needs. Everything you need to run your business is available at an affordable price and you are not tied down to a long lease. Get all you need in one aesthetically pleasing location.
Startup Labs Foundation
We are passionate about creating unique solutions for 'hard to reach' entrepreneurs that are serving their communities. Our Foundation reached rural and urban communities with social impact projects that bring resources to facilitate self empowerment.
Incubation
We work with entrepreneurs across the continent to develop their ideas into solid businesses that have important social impact in their communities. We offer training in business tools, legal requirement compliance and adding technology innovations to their business.
Benefits of Being in a Business Incubator
A business incubator is a program designed to support the development and growth of new or small businesses. Here are some ways in which a small business can benefit from a business incubator:
- Access to resources: Business incubators provide access to resources such as office space, equipment, and technology that might otherwise be too expensive for a small business to acquire.
- Mentorship: Business incubators offer mentorship and guidance from experienced business professionals who can help small businesses navigate the challenges of starting and growing a business.
- Networking: Business incubators provide opportunities for small businesses to network with other entrepreneurs, potential investors, and industry experts, which can lead to new partnerships and business opportunities.
- Funding: Many business incubators offer funding opportunities for small businesses, such as grants, loans, or equity investments, which can help them grow and expand.
- Training and education: Business incubators offer training and education programs to help small businesses develop the skills they need to succeed, such as marketing, finance, and business planning.
Overall, a business incubator can provide small businesses with the resources, support, and guidance they need to grow and succeed. By taking advantage of the services and opportunities provided by a business incubator, small businesses can increase their chances of success and achieve their goals more quickly and efficiently.
The ideal amount of time for a small business to stay in a business incubator can vary depending on various factors, including the stage of the business, its growth potential, and the resources and services provided by the incubator.
Generally, business incubators offer programs ranging from 6 months to 3 years, with most programs lasting around 1-2 years. However, the length of time a business should stay in an incubator can depend on factors such as the goals of the business, the stage of development, and the resources and support needed.
For example, if a business is in the early stages of development, it may benefit from a longer stay in an incubator to develop its product or service, build its team, and refine its business model. On the other hand, if a business has a proven product or service and is ready to scale, it may only need a short stay in an incubator to access funding, mentorship, or networking opportunities.
Ultimately, the ideal amount of time for a business to stay in an incubator depends on its specific needs and goals. It’s important for small businesses to work closely with the incubator staff to determine the best length of time to achieve their objectives and to regularly evaluate their progress to ensure they are making the most of their time in the program.
HOW WE DO IT
steps to ensure a successful business
business meeting
We will engage you in a meeting to find out more about your business & its needs
development progress
We help you develop your most viable product. You will test your viable product in the market as part of our ‘Fail Fast’ and ‘Relearn’ process.
Pitch Deck
Once your product is ready, you will participate in a pitch deck to the public for funding opportunities during our live events.
Implementation
You will be launched out of the incubator as a viable business. You will remain affiliated with us for as long as you need
