• Corporation or Corporate Foundation

Standard Bank of South Africa

Standard Bank launched the incubator in 2015 with the aim of helping new business enterprises by providing entrepreneurs with market access and prototyping support. Incubator provides innovators with co-working space, mentoring, as well as training in enterprise development and content delivery for corporates.

  • Stages of Support

    • Idea
    • Start-up
    • Early
    • Growth
    • Mature

  • Nonfinancial support delivery mechanism

    • Classroom / seminar training
    • Co-working space
    • Cohort or group support

  • Nonfinancial Support

    • Access to networks and partners
    • Business strategy and planning
    • Needs assessment
    • Sector development

  • Intervention Type

    • Provide nonfinancial services to entrepreneurs directly
    • Promote and educate about entrepreneurship

  • Sectors of Focus

    • Financial services
    • Sector agnostic

  • Impact objectives

    • Capacity building
    • Employment generation
    • Income/productivity growth
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