Botswana Innovation Hub
Science and Technology Park About BIH Business process outsourcing companies Why Botswana Research and development activities Living & Working in Botswana Living & Working in Botswana Our Offer Technology and knowledge intensive businesses Financial Benefits Investing in African markets News competitive telecommunications package Events registering a foreign company in botswana Contact us registering a foreign company in botswana Links

Vision 2016: Moving Botswana “Towards a Prosperous and Innovative Nation.”

Click here for more information   

BIH at the Career Fair 2010

Click here for more information   

Taking Botswana Innovation Hub to the North….

Click here for more information   
 
Financial Benefits

Labour Dispensations/ Work and Residence Permits

Management and professional employees of companies, organisations and institutes registered to operate in the Botswana Innovation Hub are exempted from the requirement of applying for work and resident permits. This incentive should assist foreign investors especially in the start-up phase when the companies' experts may be required to maintain quality and performance. At the same time, labour laws are undergoing review to make them more investor-friendly.

The Training Grant

The Training Grant will be on offer to investors that train local staff, be it institutional training or on-the-job training. While it is recognised that some companies need to bring in their own experts during start-up operations in Botswana , it is also expected that such companies would employ and train local staff. Investors that train local staff shall be exempt from the Training Levy and shall also be reimbursed 50% of the assessed cost of all approved training programmes.

 A Competitive Telecommunications Package

BIH will be able to offer regionally competitive telecommunications packages through the licensed operators in Botswana . Such preferential packages can be negotiated as part of the registration process with the assistance of the BIH Management.

The Innovation Fund

The Innovation Fund offers opportunity for BIH companies to access government co-finance for product and business development and research activities. To access such funding a proposal would be submitted to the BIH Management for assessment by a Committee of experts. The Fund will be operational with effect from 1 April 2009 and information on how to apply will be published prior to that date.

 Graduate Internship Scheme

Through the graduate internship scheme, investors will be able to employ well educated newly qualified graduates as interns for a period of 3 to 12 months, during which the employer can get to know a potential employee before committing to a more permanent employment contract. The internship is an attractive and cost effective option for investors as the interns cost less than a formal employee. The scheme comes with no formal commitments from either the employer or the intern. For the intern this is exposure to work and an opportunity to impress the potential employer.

Business Incubator

 A comprehensive array of entrepreneur support, including a full range of mentoring, advisory and coaching services, will be offered to start-ups which will spin-off from the R&D-activities in the BIH or elsewhere. The Incubator is also open for anybody with a potential business idea. The goal is to help the incubator clients to become world-class players in their fields. The incubation services will be started gradually during 2010.

Access to Venture Capital and Local Equity Partners

Venture Partners Botswana
Botswana Development Corporation 
PEO Venture Capital
Citizen Entrepreneurship Development Agency
 


 
 
 
 

01 April 2010
2nd Edition of InnoGram
2nd Edition of our Newsletter, InnoGram. Read about Registration of BIH Companies, Architectural design competition, and more...
[More]
 
26 March 2010
Announcing 1st Call for Applications for the EEP Programme
The EEP Programme is announcing the 1st Call for Proposals for Clean Tech Projects, open until 14th April 2010.
[More]
 
24 February 2010
EEP-programme offers funding for CleanTech-projects
EEP-programme offers funding for CleanTech-projects for East and Southern Africa
[More]
 
Other News

 
Copyright©2008,Botswana Innovation Hub Privacy policy | Disclaimer Design and Developed by Weblogic