Botswana Innovation Hub ... Investing in the Future

Botswana Innovation Hub will offer your business a safe and secure home in a world class environment. Located at the heart of Southern Africa, BIH offers an ideal location from which to run your operations into Sub Saharan Africa. In addition to that, we will offer the following incentives to make it worth your company's while to set up in the BIH:

BIH Incentives:

Tax Incentives: Botswana Innovation Hub companies will be offered a 15% corporate tax rate.

Labour Dispensations/Work & Residence Permits: Management, professional and technical 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. Spouses and children below the age of 18 are included in this exemption.

Training Grant: 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.

Competitive Telecommunications Package: For internet-enabled services, BIH will be able to negotiate regionally competitive telecommunications packages through the licensed operators in Botswana.

Innovation Fund: The Fund offers opportunity for BIH companies to access government co-finance for product and business development and research activities.

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.

Business Incubator: A comprehensive array of entrepreneur support services will be offered to start-ups which will spin-off from the R&D activities in the BIH or elsewhere. The Incubator is open for anybody with a potential business idea.

To read more about these incentives, >>> Financial Benefits