A COMPONENT OF BUSINESS INFRASTRUCTURE_
A programme designed for the successful development of entrepreneurial companies through business support
The most frequent forms of business support are resources, services and possibilities to connect with the incubator’s contact network. The incubators offer a safe environment where new ideas can become commercial products. The business incubator or the incubator is a component of the entrepreneurial infrastructure. A business incubator is a ‘suitable’ space where potential entrepreneurs start their businesses, or where MSMEs persist in theirs. The suitability of the space is reflected in favourable conditions of use, business consulting and other services offered to residents, and management help.
TERA Entrepreneurial Incubator is an office space for SMEs starting or expanding their businesses. The 1200 m2 of space includes 18 offices, 12 working stations, a computer room, IT room, seminar room and smaller capacity meeting rooms, and a toilet. In addition to office space and contemporary office equipment, the tenants have at their disposal advisory and consulting support in the realisation of entrepreneurial ideas.
Entrepreneurs, innovators and any natural persons looking to expand their knowledge-based enterprises with new technologies and innovations can become TERA Business Incubator’s tenants.
The tenants of the TERA Incubator can use the following services:
The working station is placed in a larger space shared by multiple lessees, referring to the concept of incubation with the following lease conditions:
The task of a business incubator
The incubation of the tenants in the TERA Business Incubator is carried out through three programmes:
- The FOKUS programme is intended for young entrepreneurs looking to start their enterprises. For a period of up to 6 months, entrepreneurs can stay in the TERA Business Incubator according to privileged criteria, register their enterprise and start their entrepreneurial project. This privileged incubation programme is unique in Croatia.
- Leasing a working station is the newest concept of incubation for ‘one-man’ enterprises which have at their disposal a work desk, personal computer, telephone connection, and Internet access.
- After leaving the FOKUS programme, the candidates can continue their business under a fully-fledged tenancy to further strengthen their business with the support of the expert team of Tera Tehnopolis.
The task of the business incubator is to expand knowledge-based enterprises and apply new technologies and innovations in the economy to create new workplaces. The business incubator has been in business since 2003 after Tera Tehnopolis relocated to a newly restored ex barrack ‘Gaj’ on the Square of Ljudevit Gaj 6.
Other services at disposal for tenants are infrastructural logistics, such as seminar room, informatics lab, photocopying, faxing, spiral binding, and more. The longest period of incubation is five years, after which companies operate on the market independently.
PHASES OF INCUBATION
TERA Tehnopolis operates at the Square of Ljudevit Gaj 6, in the very centre of Osijek. The building was built in the early 19th century and is a conservation area. TERA Tehnopolis invests considerable funds in contemporary office and audio-visual equipment that tenants and clients can rent to develop and promote knowledge-based projects.
The conference hall has 30 seats. It is fully equipped for all types of video conferences, simultaneous interpretation and wireless Internet access. 12 computers with licensed Microsoft operating systems are available for entrepreneurial tenants and students who are not yet able to purchase their equipment to facilitate starting a business.
They can also use the services of fax sending, photocopying, online printing and scanning, and a machine for paper cutting, spiral binding and lamination.
(*) 3D printer – prototyping equipment with 3D printing technology is an essential phase in the process of development and commercialisation of innovations and stimulation of development of high-tech-oriented entrepreneurs. It allows the development of the idea to be completed, but at the same time, it is a substantial aspect in the sale of the licence and whole project. A completely functional prototype demonstrates to the investor the potentiality of the innovation or technology that they buy and also verifies the quality of the client as a supplier of a complete solution, not just a concept of questionable feasibility. Tera offers prototyping to their clients based on 3D printing technology that in 2008 expanded to die-cast models made of plastic mass in silicone moulds. In addition, they make complex electromechanical assemblies.
During the preincubation phase (StudOS), use the software packages for education, and later for business purposes.
Service packages are defined individually, based on the needs of clients.