SIMAD iLab is glad to announce the TNE Business Incubation, an intensive incubation program for existing startups and SMEs based in Mogadishu, Somalia. The winners receive 1-on-1 coaching and mentorship tailored to their business needs and requirements.

The TNE Business Incubation is part of The Next Economy (TNE) training project implemented by SIMAD iLab in Mogadishu; it is a program that empowers the youth in Nigeria, Somalia, and Mali for a successful business career.

Why Join the Incubation Program?

What Do You Get By Joining TNE Business Incubation?

The TNE Business Incubation will only accept 10 existing startups or SMEs for intensive two-months training. The program will transform your business into a 21st-century SME or startup with all the modern business practices in place. In other words, successful applicants will receive the following:

1.   Adopting a “lean” business model,

2.   Revising the “core” business problem and the “solution” offered,

3.   Designing new market tests,

4.   Crafting a marketing strategy,

5.   Implementing a proper financial monitoring mechanism,

6.   Adopting the latest business administration practices, and

7.   Preparing your business for growth.

Application Process

The TNE Business Incubation is open for applications until September 30, 2022. To apply, please CLICK HERE.

Once you submit your application form, our technical team will review it based on the program requirements and will get back to you with feedback.

We’re looking forward to helping your business grow together with the TNE Business Incubation program.

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