1 July 2009
Five years after the inauguraton of Timisoara Business Incubator (UBIT), more than 40 business incubator practitioners from around and beyond Eastern Europe were hosted by UBIT and GTZ to share the experiences and lessons learned from the UBIT experience to date. One of the key discussion topics was how to transfer good practices into national policy-making and economic development efforts.
Held in Timisoara, Romania during May 18-19, 2009, this international gathering of business incubation experts and practitioners provides valuable insight for like-minded business incubators around the world.
The attached report includes:
- Background
- UBIT Experience in a Nutshell
- Taking on Board other Lessons: 2 additional case studies
- Results
- The role of incubators for local economic development programs, including an analysis of Benefits & Risks for the Program Manager and Local Stakeholder
- The incubation process with recommendations on Establishment phase, Analysis & Planning, Positioning, Scouting for clients, Admission process, General functioning, Developing a services portfolio, Assuring financial soundness and sustainability
For further information about the UBIT experience, please contact UBIT Director Mr. Radu Ticiu, radu.ticiu@it-incubator.ro.