Virtual Incubator Form

To improve their chances of survival and success, the BIDC has an Incubator facility for start-ups and emerging companies. Please complete the form below if you're interested in our incubator facility.

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virtual_incubator_form_amended_jan_2008.doc87 KB
Section I
Copy of the registration certificate/certificate of incorporation to be included
Section II
Section II (Cont'd)
If YES please attach a copy of each permit or license

How many people will your business employ in its first year in the incubator programme?

Section III

Who do you perceive will be your three (3) main competitors?

Competitor #1
Competitor #2
Competitor #3
Section III (Cont'd)
Section IV
Section V
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Sales (revenue)
Expenses
Section V (Cont'd)
Important

I have read and fully understand this form, and the information provided by me is true and accurate to the best of my knowledge.

Acknowledgement

PLEASE NOTE THAT

  1. The Small Business Incubator Programme is being established to nurture young entrepreneurial activities by providing affordable workshop and/or office units and technical or operational support to participating businesses.  Clients may remain in the incubator for a maximum of three (3) years and during occupancy are expected to show progress in accordance with an approved business plan.
  2. Completion of this form is just one part of the application process; applicants are also required to make a twelve (12) minute presentation to the Review and Monitoring Committee to support the application.
  3. Clients will be required to conduct their operations in a businesslike manner and at all times to demonstrate commitment to their goals.
  4. The Small Business Centre offers it counselling service at no cost to its clients.  All decisions concerning client businesses are and shall remain the sole responsibility of their owner(s)/managers.  Consequently, apart from those arising from a normal landlord tenant relationship, the BIDC disclaims all liability and responsibility for the management of clients’ businesses and their business endeavours. 
  5. Clients are required to submit quarterly financial data, as well as any other information deemed necessary or requested by the management of the Incubator Programme.