Bogor Agricultural University Agribusiness and Agroindustry Incubator : Indonesia Case Study
The incubator for agribusiness and agroindustry at Bogor agricultural university, Indonesia (IAA-IPB) assists during three stages in the incubation process: early incubation (mentoring creative ideas, assisting in evaluation of market prospects, de...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Language: | English en_US |
| Published: |
Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/01/20144152/bogor-agricultural-university-agribusiness-agroindustry-incubator-indonesia-case-study http://hdl.handle.net/10986/20104 |
| Summary: | The incubator for agribusiness and
agroindustry at Bogor agricultural university, Indonesia
(IAA-IPB) assists during three stages in the incubation
process: early incubation (mentoring creative ideas,
assisting in evaluation of market prospects, defining, and
outsourcing technology needs);incubation (helping production
begin); and post-graduation (consulting on business plan
revision and facilitating access to financial resources and
a market network for new products and new technology
implementation). The utmost attention must be paid to
incubatees during both the selection process and the
incubation period, in order to ensure that they grow and are
successful. One-to-one interaction with the incubatees is
necessary to understand problems and special needs and to
help find solutions. In addition, incubators are advised to
maintain relations with successful graduates. One will
continue to need assistance, one will be able to assist the
incubator by being role models to new incubatees, and
represent a potential source of income for the incubator
through profit sharing or equity investment. The incubator
facility at Darmaga campus near Bogor in 2011 inaugurated a
new building with a pilot plant and space for 14 resident
incubatees. New equipment was procured with funding from the
government. Facilities include sharing of other IPB
facilities such as a food processing plant, workshops, and laboratories. |
|---|