Jacob's Well

WHY DO WE FOCUS ON CARE; TRAINING & INCUBATION?

1. We therefore want to concentrate on taking better CARE of people.

2. We want to add all kinds of TRAINING while they might be treading water.

3. We want to help the Christian Community to develop new sustainable ventures via our BUSINESS INCUBATION program.

We do all these things with a network of talented people dedicated to their calling as followers of Jesus Christ.

Our Business Incubation program has to take priority, as this is the place where we develop the much needed work opportunities we so despirately need in our country:

•  Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts.

• Business incubation is a unique and highly flexible combination of business development processes, infrastructure and people designed to nurture new and emerging companies by helping them to survive and grow through the difficult and vulnerable early stages of development.

• Incubators vary in the way they deliver their services, in their organizational structure, and in the types of clients they serve.
• Successful completion of a business incubation program increases the likelihood that a start-up company will stay in business for the long term. Historically, 87% of incubator graduates stay in business.       

The Jacob’s Well Incubation Model therefore consists of 2 phases that can take up to 3 years:

• Pre-incubation: Interview, personal assessment, feasibility and viability study, training and preliminary business plan development, presentation.

• Incubation: Finalisation of Business plan, Venture Capital aquired, mentoring and monitoring