THE BUSINESS INCUBATOR FROM ASEM

05.05.2012

THE BUSINESS INCUBATOR WITHIN ASEM

Venue: Republic of Moldova, Chisinau, ASEM, str. Banulescu Bodoni 59 bl.B

Academy of Economic Studies from Moldova

tel: +373 22 402 824, fax +373 22 402 851 www.incubator.ase.md; incubator@ase.md

Director Vornovichi Diana

05.05.2012

THE CONTEST: BUSINESS IDEAS

STRATEGIES: Giving new business opportunities and adding value to the already incubated companies through innovative tiveinnovative methods and awareness of business.

OBIECTIVES: - Stimulating the entrepreneurial initiatives, development of the start-ups, creating new jobs and a new communication network, establishing a collaboration between students and teachers; - Exploiting the potential of staff by applying in the real economy; - Establishing a collaborating mechanism which will be economically profitable and the implementation of teachers within companies started by the students - Development of the applied research within the entrepreneurial field with its high added value

05.05.2012

TECHNICAL ASPECTS OF THE BUSINESS INCUBATOR FROM ASEM

Surface 278 m
outdoor facilities - green spaces, walkways, parking, utilities - water, sewer, heat, electricity, telecommunication system, security. The infrastructure it is used in the following away:

97,1 m spaces under incubation - 6 offices 73,5 m multifunctional space: conference room, information center and communications, reception other areas: space for occasional meetings and interactions between entrepreneurs, bathroom, archive, heating.

05.05.2012

PROVIDED SERVICES TO THE INCUBATED COMPANIES

Reception services - provided by a receptionist employed by the incubator. Secretarial services - involves sending faxes, mail etc. to ensure correspondence. Providing security services - the service refers to equipment maintenance of the incubated firms. Communication services - ensuring the necessary infrastructure communication: Internet, telephony, etc. Cleaning and maintenance of premises used by the incubated companies. PAID SERVICES FOR RESIDENTS - business planning and setting up the company - accounting, legal, fiscal services -market research, sales and marketing support and e-business - quality management services
5

FREE SERVICES FOR RESIDENTS - pre-incubation services - trainings to develop business skills - consultancy to product development - consulting services to obtain grant funding - recruitment consultancy - consultancy for mentors
05.05.2012

ASEM is the only institution from Moldova which has a Business Incubator for students. ACHIEVEMENTS: Incubated companies 21 Total employment over 60 places Currently activating 14 companyes The incubator team consists of researchers in economics field, with a vast experience and practice. We believe that every business is faithful reflection of its creator. We invest in these young people who are going to reflect the economic environment in a few years. If they are trained, customer and excellence oriented in their activities will require the same characteristics from both employees and collaborators. In this way the best practices will replicate and create sustainable business, creative and meet market needs in a way that honors them.
05.05.2012 6

BUSINESS IDEAS CONTEST

The main objective of the contest is to give participants a chance to receive offers of funding to projects developed by the banks, investment funds, private investors etc..
The finalists also compete for money awards and valuable objects. The competition offers young participants the opportunity to develop entrepreneurial skills, teamwork skills and mutual cooperation. Participants also have the opportunity to get informed from the experience and skills with leading entrepreneurs and experts from institutions specializing in development and review business plans (consulting institutions, banks, investment funds etc.).. In addition, all participants receive feedback on the business plan submitted by the qualified jurors in the field.

Business Ideas Competition is an initiative of ASEM and was held for the first time in 2005 for students from the Academy of Economic Studies. The competition is organized each year and is successful in achieving its main objective: to support the spirit of entrepreneurship of the students from ASEM, to create business
and transform their innovative ideas into successful business.

05.05.2012

Project partners
Academy of Economic Studies Orange Moldova SA Center for Innovation and Knowledge in Business Learning Center MACIP Moldova Agroindbank SA

05.05.2012

05.05.2012