Services - Overview

Overview

South Business Innovation Centre (SouthBIC) offers a comprehensive array of services to entrepreneurs, start-ups and existing micro, small and medium sized enterprises (MSMEs) designed to assist them in achieving their business, growth and success ambitions. As part of this support process we will undertake initial diagnostics to analyse the relevant business models and performance; identify project strengths and weaknesses, understand the general direction and strategies being used. SouthBIC offers intensive business incubation services, both physical (within our facility) and virtual (in your own location) through which we support our clients gain the competitiveness necessary to be successful in the marketplace.

 

Entrepreneurs: SouthBIC helps Entrepreneurs realise their ideas, identifies the scale and scope of their opportunities and helps build the best business model and plan to exploit it! We will also assist Entrepreneurs raise the finance and support them to implement it. 

 

Start-ups: SouthBIC’s priority is to assist start-ups by providing high quality tailored support for setting up and running their businesses. Our approach covers the whole life cycle of the business from conception through implementation and growth with a complete range of support services to potential entrepreneurs. The start-up phase is a long process that begins from the desire to start your own business. This usually is followed by the person’s idea or a set of ideas that he wishes to explore. Once the idea has been formed, then serious thinking is needed to fine-tune the idea, test its validity and then if sufficient resources and conviction is present, launch the new business. SouthBIC will be involved with the potential entrepreneur from concept through the early start-up phase to the actual very important launch phase.

  

Existing MSMEs: Existing MSMEs need support to reach their full potential; these can be related to the enhancement of the internal processes of the enterprise, facilitating access to finance, developing new products, conducting R&D, expanding existing markets and entering new ones, improving customer retention, finding investors and partners, strengthening ICT performance and becoming more competitive as an enterprise in general.

 

 

 

 

SOUTH BIC INCUBATION PATH
Enterprise Incubation Programme

SouthBIC designed this programme to assist project concepts to become established and profitable during their incubation period. Incubation guarantees the enterprise extensive ongoing business support and access to specific and valuable training events.  SouthBIC performs incubation on two levels, physical and remote.

Physical Incubation: available for both industrial and service oriented enterprises, the enterprise locates its operations within the SouthBIC. Incubated enterprises will benefit from the superior facilities available at SouthBIC in addition to the business development services.

 

Outreach Incubation (Virtual Incubation): Enterprises do not have to be resident in SouthBIC and do not have a daily presence within the premises, however, those enterprises fit the spirit and mission of SouthBIC in helping businesses grow and innovate. Remotely incubated enterprises receive the same support as of resident incubates.

 

Incubation Space Services

SouthBIC has the ideal solution for pre-start-up companies or newly formed start-ups where they can enjoy a supreme work and meeting environment at an affordable price. Entrepreneurs can benefit from the range of facilities available at SouthBIC such as:

 

1. HOT DESK

If you need to move on from operating from your home but do not need or are not ready for the commitment of a dedicated office, the hot desk could be the answer.  Signing up for a hot desk at SouthBIC enables you to make use of our facilities on a casual basis. The primary motivation for hot desking is cost reduction through space saving.

Benefits of our Hot Desk service:

  • Use of hot desk space with data connection or WIFI connection
  • Use of a direct dial in number on a hot desk basis
  • Access to the SouthBIC team of experts and business advice team
  • Access to the professional services providers on a discounted payment basis

More information:

To arrange a site visit and view the variety of hot desks available, please call please call information desk on +961 7 725 948 or email incubation@southbic.org

 

2. DEDICATED DESK

Within our shared office, SouthBIC gives you a dedicated desk of your own and full use of the SouthBIC address.  This is a facility you can access 24 hours a day 7 days a week enabling you to work when it suits you.

Benefits of our Dedicated Desk service:

  • Permanent desk space with data or WIFI connection
  • A personal direct dial in telephone number
  • Full access to the professional services providers
  • Use of the South Business Innovation Centre (SouthBIC) address
  • Use of reception services for mail, message taking, reception of visitors etc

More information:

To arrange a site visit and view the variety of dedicated desks available, please call please call information desk on +961 7 725 948 or email incubation@southbic.org

 

 

2. PRIVATE OFFICE  

SouthBIC has space for businesses of all shapes and sizes. Regardless of whether your business is large or small we have tailored private office solutions to meet your needs, and our flexible tenancy agreements mean companies are supported throughout their stages of growth.

More information:

To arrange a site visit and view the variety of private office spaces available, please call please call information desk on +961 7 725 948 or email incubation@southbic.org

 

3. INDUSTRIAL SPACE

SouthBIC offers a range of industrial property options with flexible leasing agreements. Our industrial space is suitable for a wide range of uses including light to medium industrial units starting from 52 square meters, hybrid and manufacturing units, and large industrial units up to 500 square meters.

More information:

To arrange a site visit and view the variety of industrial spaces available, please call please call information desk on +961 7 725 948 or email incubation@southbic.org

 

FACILITIES

The above core services provided by SouthBIC include:

  • Access to Secure Building
  • Telephone Network
  • Power Supply
  • Broadband Internet with Firewall
  • Common Meeting Room Facilities with capacity for eight seats. Internet connection, projector, etc.
  • Auditorium, located at CCIAS Building with a capacity of 280 seats (Wireless included. Audio-visual equipment).
  • Multipurpose hall suitable for workshops, seminars, and trainings. Wireless audio-visual equipment included, as well as administrative support.
  • Fax, photocopier, printers, plotters, etc.
  • Networking possibilities with other hot desks being incubated.

More information: To arrange a site visit and view the variety of business space available, please call information desk on +961 7 725 948 or email incubation@southbic.org

 

 

BEC (Business Exhibitions Center)

A new service that SouthBIC offers is BEC, which delivers state-of-the-art exhibition and trade promotion facilities and services. BEC is located within walking distance to SouthBIC administrative building, offering participants the chance to showcase their businesses and interact with consumers.

Depending on the theme, BEC offers three main exhibitions space set-ups and distribution. Floors plans can be viewed in the dedicated section of the website  ‘exhibitions center’.

 

  • Total area of 1640 sq. meters
  • Up to 66 exhibition spaces (depending on set-up)
  • Unit sizes vary from 6 to 65 sq. meters
  • Reception, Cafeteria and Catering Services
  • Security
  • Power Supply
  • On Site Car Parking


LEARN MORE HERE

Training

With a team of experienced business advisers, SouthBIC provides practical hands-on training and support business services to ensure Start-ups and MSMEs get off to the right start, or to make sure they are running their business the right way.

 

Training courses and sessions cover topics from finance and accounts, to operation and administration, to funding and legal issues, product development, skills training, and other topics related to business. Training will help entrepreneurs understand the challenges and benefits of starting a business, and what their next steps should be.

More information: To inquire about training courses available, please call information desk on +961 7 725 948 or email training@southbic.org

 

Marketing Services

Marketing services allows SouthBIC to assist the company to better position its product or service in the intended market, as well as seek out niche markets for existing products.  Marketing services also assist the enterprise in fine tuning its approach to customers and maintaining and growing customer base.  Some of the services we offer are:

 

  • Assisting in Market Research
  • Advising on Promotion Materials
  • Advising on Promotional Approach
  • Customer Care
  • Synergies in Production and Sales
  • New Market Opportunities
  • ICT Marketing Tools
  • Alternative and Niche Marketing
  • Events Participation and Preparation
     

More information: To inquire about marketing services available, please call information desk on +961 7 725 948 or email marketing@southbic.org

 

Financial Services

The financial services that SouthBIC offers are broad in spectrum; we help start-ups estimate their financial costs, and help existing companies better manage their cash flow process.  Our main focus is to provide help for start-up businesses with growth potential to succeed.

 

Given the fact that most of newly started companies go bankrupt due to lack of business experience, poor access to capital, inadequate marketing capacity, etc. within the first 3-5 years, even with exceptional products or potential One of SouthBIC’s principal tasks, therefore is to nurture and secure the survival of start-ups.

 

While trying to stay focused on the product, entrepreneurs often forget that it is essential for businesses of all sizes to keep track of their performance particularly their financials. Whether your business is self-funded, seeking investors or loans, accurate financial statements and financial analysis are a vital component of your success. Through our financial services, SouthBIC provide business owners with easy methods and show them how to manage their accounts and get the most out of their budget; as well as provide insight on:

  • Start-up Costs and Repayment Period
  • Cash Flow Management


 
More information: To inquire about financial services available, please call information desk on +961 7 725 948 or email financial.services@southbic.org

Access To Finance Assistance

The type of finance a business needs depends very much whether it is a start-up or an existing business and whether it has a marketable product or needs to undertake further development work. As a rule, mature businesses do not need the government or other official bodies to facilitate access to capital. If the business is successful and it is a good investment, there will be no shortage of potential lenders or investors.

 

We help in accessing finance in regular loans, micro loans, and Kafalat loans.  We also help in investment financing, company valuations, as well as investor matching.

  • Loan Applications and Micro Credit
  • Kafalat Applications
  • Investment Assistance


More information: To inquire about marketing services available, please call information desk on +961 7 725 948 or email accesstofinance@southbic.org

Company Growth Assistance

This service is designed to help companies grow their businesses through exports or local market expansion. We assist start-ups and existing businesses streamline their operations and evaluate their supply chain to determine points of entry where additional value can be created for the company.   Some of the services offered are:

 

·       Imports and Exports Made Easy....

·       Trade Show Information and Assistance

·       Standards and Classification

·       Customs & Excise Requirements

·       Logistics and Shipping

·       Assistance in Export Market Research

·       Operational Planning

·       HR Support

 

Mentoring Services

Mentoring services are designed to assist start-ups and existing small and micro enterprises gain experience by being mentored by someone from their own industry who has in depth knowledge of the market they are working in.  This type of service helps companies get started and help them accelerate their learning curve cutting costs substantially. SouthBIC mentoring experts provide effective hands-on business mentoring and technical assistance to enterprises necessary to move successfully through the business development or expansion process.

Entrepreneurs often have a vision for a successful business, but do not possess or cannot afford specific professional skills to grow their companies to maximum potential. Through mentoring, eligible entrepreneurs that demonstrate potential to grow will be provided with professional mentoring services covering the following areas:

 

  • Strategic Planning
  • Company Structuring
  • Marketing
  • Graphic Design
  • Corporate Identity Development
  • Website Design and Development
  • E-commerce
  • Sales Strategy
  • Finance
  • Accounting
  • Human Resources Management
  • Partnering

More information: To inquire about mentoring services available, please call information desk on +961 7 725 948 or email mentoring@southbic.org

HR Support

South BIC offers the following services for both start-ups and existing SMEs: 

 

Manpower Management: For an entrepreneur of a small and medium enterprise, it becomes extremely important to recruit people who are motivated and driven by the business idea. This ensures a high sense of professionalism in the work environment because all the employees fine-tune their own style of working to achieve greater synergy among each other to convert the ‘dream idea’ into a reality. SouthBIC HR experts will show you the roadmap to attain that.


How to Retain Key Employees: No company wants to lose its bright employees to competitors. Even during the slowdown, companies tried to hold on to their key performers because it became important to stay afloat. Things are now changing for better, and it is only a matter of time before the war for talent will begin again. It becomes critical to work on some retention strategies that can help you hold back your key employees, and our experts will show you the right way to do that.

 

More information: To inquire about HR support services, please call information desk on +961 7 725 948 or email hrsupport@southbic.org

 

Product Development and Quality

This service is designed for both start-ups and existing MSMEs to help them ensure that their products can be competitive locally and internationally. SouthBIC links clients with solution providers such as the Food Development Centre and accredited laboratory operating within the Chamber and in house source of information on standards and qualifications in addition to creating innovative links with universities and research centres. The product development assistance service is designed to help MSMEs turn emerging ideas, concepts, and companies into tomorrow’s leading companies.

 

More information: To inquire about product development and quality services, please call information desk on +961 7 725 948 or email productdev@southbic.org

 

Legal Clinic

A legal clinic for pre-start ups and even established SMEs will be held once a month on SouthBIC premises to allow potential entrepreneurs and existing business owners to enquire about legal aspects related to specific issues of their concern.

 

  • Business Licences Types
  • Company Formation Types
  • Business Registration
  • Partnerships
  • Permits and Licensing
  • Labour and Professional Licensing
  • Other Legal Issues


More information: To inquire about our legal clinic service, please call information desk on +961 7 725 948 or email legal.clinic@southbic.org