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About US
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About us |
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What is an incubator? Incubators are designed to help young businesses survive during those tough first years by providing business assistance, services such as managerial consultations, technical assistance, shared facilities, fax, copier, conference room, and lastly, low-cost space. Although the industry is fairly new, it should be noted that less than 10% of incubator tenants have failed while in an incubator. The objectives of incubators include job creation, technology transfer, and technology commercialization, diversification of the local economy, neighborhood revitalization, and investment in tenant firms.
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Facts about role of incubators: |
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80% of small, medium enterprises will not make it to the second year. |
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75% of businesses that are incubated are successful. Access to financial resources is the main stumbling block facing entrepreneurs. |
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Lack of Management skills is the second largest reason for small business failure. |
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Small business is the fastest growing economic sector in USA and the largest job provider worldwide. |
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Small business in SA operates in an Economic environment built for big business. |
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History and general introduction: |
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Call it your office, your home, your personal space or call it your dream destination. PTP is the ideal place to be. It is a one-stop solution to all your business needs. Spread over 17 acres and about 3000 sq m2 of built up space, PTP hosts over 15 companies and 10 seeds employing over 30 professionals. PTP is home to an increasing number of researchers undertaking advanced studies in their fields. It offers a wide range of facilities to companies form incubator services to a tech park in near future and there is a package of business development assistance.
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We succeed when our clients succeed ? therefore we are output-focused. This principle guides us in identifying clients, our interaction with them, as well as our remuneration model. Our clients are clients for life. we believe that business relationships should last a lifetime. Although the goals we set jointly may have shorter time frames, we merely see the achievement of goals as milestones for defining new dimensions to our relationships. There is no single recipe for success in business ? but we believe that interaction with experienced business people, technology experts and fellow entrepreneurs can significantly reduce the risks associated with starting and growing a business, and that networks that connect a business to markets, finance and professional services increase the chance of success.
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Vision :
Creating a centre for the establishment of predominately previously disadvantaged individuals or emerging companies in the fields of polymer, biopolymer, pharmacology and medical engineering.
Mission:
Initiation of new companies and support of their development.
Establishment of previously disadvantaged in financially viable atmosphere.
Nurturing the development of businesses.
Establishment of a product support.
Provision of centralized market research.
and Economic enrichment of each business exiting the PTP. |
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