Description: InvoTech is positioned to be a leading business incubator in KwaZulu-Natal to convert innovations and new technologies into sustainable, commercially viable businesses.
InvoTech’s mission is to support small business entities upon start-up by providing them with equipment, financial, legal, advisory and information services. It was set up in order to manifest support in creating and developing small businesses in the innovations sphere in the KwaZulu-Natal Province.
Our aim is to assist emerging entrepreneurs to refine and streamline their business ideas into feasible business opportunities. First and foremost we assist them with the enhancement of their ideas — this is done mainly through market research and a preliminary Growth WheelTool. The idea is then further developed by means of individual coaching and mentorship.
The clients have the opportunity to present their business ideas to experienced entrepreneurs and business managers who then provide feedback on each presentation with the aim of providing useful tips on how to improve their current proposed offering
Profile Information
Ownership preferences
None
Industry preferences
ICT (Information and Communications Technology)
InvoTech is an Innovation and Technology Business Incubator that is supported by the Durban University of Technology (DUT) and funded by Small Enterprise Development Agency (SEDA).
We convert innovations and new technologies into sustainable commercially viable businesses and accelerate the development of technologically based start-up enterprises
Access to Finance
We assist you in the quest to finance your innovative ideas and transform them into marketable products and services.
Boardroom Facilities
We provide access to our boardroom facilities for meetings with potential investors and clients.
Infrastructure and Administrative Support
With business software, computer facilities and global telecommunications, InvoTech has you covered
Mentorship and Coaching
Gain valuable insight from our business experts to fine tune your innovation into a world changing iconic product.
Networking opportunities
Become more acquainted with the local business community and discover new opportunities via powerful business networking sessions.
InvoTech uses a simple 7 step incubation programme to identify prospective innovators and mentor them in the correct business practices early on.
Idea
Screening & Evaluation
Business Mentorship
Prototype development
Workshops & Trainings
Commercialise
Marketing & Sales
This is a 24 month programme, with entrepreneurs exitting the incubation programme with the skills and knowledge to be able to support themselves and ensure long-term growth for their business.
Invotech (Owner)
