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IncubatorThe aim of the incubator is to move young people from having only basic school knowledge to a level where they have capabilities to establish their own business. The Incubator and is a location with training facilities, land and advisors. The participants get their own space to start their business and thereby they can use the knowledge they get right away. Products produced by the entrepreneurs are marketed by the incubator and the profit is shared 50/50. When the entrepreneur decides to leave the incubator his earned capital is paid out. People will stay in the incubator for approx 2½ year and will pass the following phases: 1. Selection2. Candidate3. Junior Entrepreneurs4. Executive Entrepreneur |
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