What is Business Acceleration?

Business acceleration or incubation is a dynamic process of enterprise development. It extends the traditional concept of fostering innovation by providing support for research and development, into helping new enterprises successfully commercialise their products and services.

It involves the mobilisation of resources, hands-on management assistance, and access to finance and assistance with critical business and technical support services. Experience worldwide by business incubators such as In-tellinc has consistently shown that the process of incubation accelerates the growth and success of new enterprises.

Springboard is designed to lead client companies through four defined stages in the commercialisation process:

(1) product/service development;
(2) proof of market viability;
(3) generation of a viable business model; and
(4) accelerated revenue.

During the acceleration program, Springboard acts as a full service venture partner, uniquely positioned to provide services, seed capital, infrastructure and management to nurture the company through each of these developmental phases.

The aim of the program is to assist companies to become self sustaining in a sound financial position and under independent management.