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“The best AIN incubation conference so far!”

Report on the 2010 African Incubation Conference - Growing Economies through Incubation

Along with the support of SEDA and infoDev and in collaboration with the Ethekwini Municipality, the African Incubator Network, (AIN) & the Southern African Business & Technology Incubation Association, (SABTIA), organised the 3rd Conference "Growing Africa through Incubation" in Durban RSA, 17 - 19 March 2010.

By David Cromar, AIN (South Africa)

This three day gathering of African incubator managers and key staff, economic development agencies, private and public incubation experts and invited speakers and guests was packed out with delegates standing at the back on several sessions.

From the opening sparring on the Wednesday, about Durban as the best conference venue in Africa to our final visit at the magnificent new World Cup Stadium on the Friday the programme was full of inspiring and emotional impacts, best in class incubator performances and challenging entrepreneurial programmes -- incubation standards for us all to emulate.

Over 130 delegates and our speakers from United States of America, the United Kingdom, Senegal, Uganda, Benin, Botswana, Nigeria, Tanzania, India, Zambia and all parts of the Republic of South Africa arrived at our chosen venue, the stunning Coastlands upon the Ridge Hotel in Durban.

None of the 5 sessions or 3 organised events lacked an interested and inspired audience -- this was not to be a conference where the warm sun and stunning Indian Ocean seashore would act as a magnet for tired, bored and disinterested delegates.

Each of these forums was delivered by experienced practitioners who showcased and evidenced their economic impact. Recognised and benchmarked Internationally by infoDev, NBIA and UKBI these incubators and LED's have developed, established and now replicated within Africa, world class programmes and deliverables for entrepreneurial startups and support for those SME's seeking growth by targeting domestic, African & global markets.

The stories which accompanied these presentations evidenced to everyone present that blending support from government, multi-national companies, expats and diasporas with the determination and practicality of incubation managers, their teams and boards, is growing in Africa.

As a developing continent with its political and human problems and challenges, Africa is coming from behind the BRIC contingent.

We may not have the critical mass of established incubators that Brazil, China and India have - but those who are on the ground expending their energy within Africa are reaping the rewards.

At the same time, many countries within Africa have ample natural resources, the pride and the spirit, the ability to leapfrog industrial revolutionary steps, grasp mobile telephony and create ecommerce, access high speed Internet via satellite, adapt open source software and to tackle grass routes literacy and unemployment.

Speakers have opened our eyes and filled our notepads and blackberries showing us where virtual incubation, satellite, hub and spoke networks,& bricks n mortar incubators, and technology training centres can each be visited.

They are each addressing the sectoral and geographical needs of AgriTech, Communications, Construction, Crafts and Design, ecommerce, IT, Manufacturing, & Software by supporting entrepreneurs in rural, urban and global locations throughout the continent.

They are indeed turning around the historical 80% startup business failure rate in Africa to the achievable 80% sustainable SME survival rate via incubation support.

They are helping Women, Youth and empowering indigenous business people to enter self employment and in turn recruit and train new staff.

The superb conference publication in each delegate pack "celebrating incubation in Africa 2010" has garnered together selected success stories and best practices from around our African network."

It is no fluke that this raising of overall educational and inspirational achievements is helping regional agencies attract Foreign Direct Investment to Africa.

Honorable Mike Mabuyakhulu; MEC - Minister of Economic Development and Tourism, KNZ (RSA) addressed us at our Gala Dinner evening at the Hilton Hotel.

Despite often difficult circumstance, environmental and human, in hard times and the current recession, incubators are still graduating a growing number of sustainable SME's that are employing staff, generating GDP, and entering global market sectors.

He told us how South African municipal, provincial and national government have been so convinced by the successes and impact of incubation upon economic growth that they are allocating additional resources and investing in new incubators across RSA.

Settling for merely being the global source of essential resources is not enough to sustain a better quality of life for everyone in Africa.

Please visit the conference eDiary here:  http://africanincubatornetwork.wordpress.com

Presentations are available here:  http://www.ainportal.org

 

 

Learn more: Innovation & Entrepreneurship