Casket Incubators

Incubation is one of the interventions that BEDCO has embarked on as a means of assisting entrepreneurs to access business support services including work space and machines.

BEDCO is currently implementing carpentry incubation within its premises at Sebaboleng estate, all the companies in this incubation program produce furniture. To enhance this incubation program, BEDCO is planning to add companies that produce caskets to the program. This document seeks to propose some ideas on how Sebaboleng Incubator can be improved through inclusion of casket making companies. This proposal is a collection of new ideas and adaptation of ongoing woodwork incubation. EDD designed the following guidelines that will be applicable to Casket Incubation Program.

It is proposed that woodwork incubators should consist of 3 time frames covering 3 incubation stages as follows:

      Pre-incubation stage: 3 months,

      Incubation stage: 9 months,

      Post incubation stage: 12 months.

Aims and Objectives

To facilitate establishment and promotion of small businesses for people who possess basic skills in casket making and who aspire to start or improve businesses, this opportunity targets people who lack access to the required capital and technology. Specifically, the incubation centre will;

      Give incubatees free and supervised access to the workshop and all the machines,

      Capacitate the incubatees to be able to source markets for both supplies and their products,

      Facilitate business start-ups and capacitate incubatees to operate businesses efficiently.

      Foster entrepreneurship culture to ensure sustainable businesses that can contribute to the economic growth through job creation.

      Expose incubatees to different challenges which the entrepreneurs are normally faced with.

      Expose the incubatees to different sources of financial support for local businesses.

Outcomes

70% of incubated businesses become sustainable and exist beyond post incubation period

Target Market

applicants must have basic technical skill in manufacturing of caskets. Existing businesses which have employees, are allowed to bring them along as the plan is to have individual businesses provided with work units within BEDCO estates. Fig.1 below shows the groups of potential and existing entrepreneurs/businesses targeted for Casket Incubator. The program targets individuals/groups who have passion and self-drive to start and run own businesses but lack capital to do so.