Preliminary actions prior to startup

After the finance is assured and the renovation or construction underway,

other tasks such as developing the management team, marketing the
incubator and selecting tenant-members can be initiated.
A series of activities letzd up to the initiation of incubator operations:
Activity Month(s)
1. Appoint Board of Directors and hold first Board meeting.
All actions hereafter are responsibility of the Board; 1-2
2. Secure consensus among key stakeholders
on purposes, type and mission of incubator 1-2
3. Finalize consultancy contract for advisory
services on implementation and initial operations; 1.-.2
4. Complete legal work for the establishment of the TBI 2-3
5. Establish the project implementation and construction
management structure; 2-3
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UNESCO - Technology Business Incubator Manual
6. Finalize negotiations and sign lease agreements
for incubators' use of land/space on low (or no) rent
basis for initial 10 year period; 2-3
7. Select competent manager and arrange for hands-on
apprenticeship training at operating incubators; 2-4
8. Prepare engineering specifications, invite bids, finalize
contracts for construction/renovation work. 3-4
9. Set up Steering Committee and Advisory Committee; 3-5
10. Board to finalize operating procedures, incl. selection
criteria, rentals, service charges and agreement
for members; 4-6
11. Initiate selection process for 5-8 entrepreneurs
to enter incubator; 4-7
12. Initiate arrangements for tenant financing; 4-7
13. OrganizePre-incubationlEntrepreneurial Workshop; 5-6
14. Board and management organizes services for members; 5-8
15. Complete construction and procure office equipment/furniture; 5-9
16. Promote outreach services and enroll affiliate members
to be serviced outside the TBI; 6-9
17. Install furniture and equipment
and prepare to induct first batch of tenants. 7-9