To encourage and foster
the growth of small business, support services are
required. Business incubators and related services have
been a successful part of Western small business support
services in addition to being successful in emerging
market economies. The longer these support services can
be offered, the higher the probability of sustained
success. One of the important services that can be
provided to new entrepreneurs is an incubator facility or
incubator environment where shared services are available
along with supportive advisors that can provide
encouragement and guidance when necessary. Having shared
mentors or counsellors to deal with day-to-day problems
helps small business start-ups deal with the difficult
problems all new business owners have in addition to
those associated with a lack of skills and understanding
in a culture where market economy is relatively new.
Confederation College will
develop business consulting, business concept and
business plan evaluation services for all aspiring and
existing small business owners. The feasibility of an
incubator with walls (a building where space is provided
for manufacturing etc.) will be considered pending the
needs assessment study and a feasibility study. The
potential of a physical site for incubator businesses is
closer to a reality as the municipality of
Ivano-Frankivsk has offered a building to house such a
facility... but as yet the renovation cost of this
facility has not been reconciled.
Part of SBEDIF's challenge
will be to separate those services that are currently
provided by the community (financial, legal, government,
education) from those which should be done by SBEDIF
programs. Needs assessment and diagnosis for SBEDIF
clients will require skills that are currently upgraded
with the changing local legislative and economic
environment. The Ukrainian Partners' have committed
resources for an on-going education program for SBEDIF
staff that they will manage and deliver, ensuring that
SBEDIF staff are in tune with the latest legal and
political changes affecting small business entrepreneurs.
The creation of a resource
library on the SBEDIF premises in Ivano-Frankivsk will
provide critical support for the education, training,
incubator and other programs of the SBEDIF project. The
resource materials will reinforce the learning and
training efforts of both clients and staff, and will
constitute a valuable resource to the wider community.
In addition, business
services such as phone answering services will be
provided on a cost-recovery basis to support start-up
businesses.
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