MAZ has reformulated the traditional model transforming to a knowledge-base and innovative entrepreneurship framework. We are guided with principles that follow the necessities for economic growth. It inspires entrepreneur to act as the game changer and effective leaders to redirect values of the entrepreneurial community and environmental
An organization designed to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services that could include physical space, capital, coaching, common services, and networking connections.
Their goal is to help create and grow young businesses by providing them with necessary support and financial and technical services.
Incubators provide numerous benefits to owners of startup businesses. Their office and manufacturing space is offered at below-market rates, and their staff supplies advice and much-needed expertise in developing business and marketing plans as well as helping to fund fledgling businesses. Companies typically spend an average of two years in a business incubator, during which time they often share telephone, secretarial office, and production equipment expenses with other startup companies, in an effort to reduce everyone’s overhead and operational costs.
Not all business incubators are alike, however, so if you have a specialized idea for a business, try to find the incubator that best suits your requirements.
If an incubation program seems interesting to you, be prepared to submit a fleshed-out business plan. The plan will be reviewed by a screening committee to determine whether or not you meet the criteria for admission. Incubators carefully screen potential businesses because their space, equipment, and finances are limited, and they want to be sure they’re choosing to nurture businesses with the best possible chance for success.
MAZ is a place where individuals are led to adapt innovation and enterprising thoughts which develops individuals’ abilities to manage start up business towards progress and growth. Empowered to practice the business incubation system where seed business ideas are nurtured through mentoring and facilitating the needs for business success.
Call MAZ Business at 66767259, 16018802 for details & bookings.
(Article inspired by Entrepreneur Middle East)