Business Incubation Center
NCSMED has established Business Incubators in Suva and Ra. Primarily, the Incubator's goal is to produce sustainable businesses that are able to operate independently and be financially viable.

 

Many entrepreneurs don't have the space or desire to start a business out of their home, yet find renting space and setting up essential support functions is overwhelming financially and energy draining just at a time when their financial resources and energy are most needed for development of the business itself. A business incubator can be the perfect solution for such a person.

Business incubators are designed specifically to help start-up firms. It is a tool to support the sustainability of the micro, small and medium enterprises sector. Business Incubators usually provide:

  • flexible space and leases, many times at very low rates
  • fee-based business support services, such as telephone answering, bookkeeping, secretarial, fax, internet, copy machine access, and meeting rooms
  • business and technical assistance either on site or through a community referral system
  • business mentoring
  • supply chain development
  • assistance in obtaining funding
  • networking with other entrepreneurs

The primary goal of a business incubator is to produce successful businesses that are able to operate independently and be financially viable. A business incubation program increased the likelihood of a start-up company staying in business for the long-term.

A. Business Incubation Center – Rakiraki (BIC-RA) http://bicrakiraki.blogspot.com


The Ra Business Incubation Center has focused its assistance program in the development of businesses in the following sectors: Bee farming, cash crop farming, handicraft, and Flori-culture.

1. Bee Farming

Collection of honey from the forests has been in existence for a long time in Fiji. The growing market potential for honey and its products has resulted in bee keeping emerging as a viable enterprise. Honey and wax are the two economically important products of bee keeping.
The choice of bee keeping and honey production is strategic for a number of reasons:-

  • Bee keeping requires less time, money and infrastructure investments
  • Honey and beeswax can be produced from an area of little agricultural value
  • The Honey bee does not compete for resources with any other agricultural enterprise.
  • Beekeeping has positive ecological consequences. Bees play an important role in the pollination of many flowering plants, thus increasing the yield of crops and fruits.
  • Honey is a delicious and highly nutritious food. By the traditional method of honey hunting many wild colonies of bees are destroyed. This can be prevented by raising bees in boxes and producing honey at home.
  • Beekeeping can be initiated by individuals or groups
  • The existence of McKenzie Beelines Ltd in Rakiraki which acts as a business mentor, material supplier, market, and trainer.



2 . Cash Crop

To support and accelerate cash crop farming in the Ra area, the Business Incubation Center Ra has established a nursery at Nailawa Ra.

Total seedlings being planted to date is about 16,200 and would expect to use another Nursery at Tuvavatu for the same purpose to reach our target at 35,000 to 40,000 seedlings.

Land preparation for farming has been contracted out to a local company in Ra. Ploughing and harrowing has completed in the following areas: – Vatukacevaceva, Wailevu and part of Barotu.

All activities pertaining to the raising of seedlings, land preparation and planting is expected to be finalized by mid December, 2010.

Currently, our nursery has a capacity of holding 16,000 seedling plants. This is sufficient enough to cater for only 8 incubate es, within the Tokaimalo & Saivou areas.

The 1st batch of seed trays that was planted on the 1st week of Nov have been transplanted.

Our focus is for the 8 farmers in Tokaimalo to each have 1 acre of egg plants for export commodity. Therefore, we are looking at 8 acres of egg plant comprising of 40,000 plants to be nurtured in the nursery.

The other 8 farmers in Dreketi & Nalawa will have the option of planting chillies or legumes.





3. Flori-culture Project

NCSMED is committed to creating economic opportunities for women, and building their skills so that they can support themselves and their families. We are working closely with South Sea Orchids (private sector organization) in the setting up of horticulture businesses for women in Lautoka.

The target group is HART and Koroipita residents who are located in Lautoka.
South Sea Orchids has helped in the setting up of green houses and provided the flower plants for the green houses. The women take ownership of the green houses and look after the flower plants.
South Sea Orchids also provides technical support, training and an assured market for the cut flowers.



B. BUSINESS INCUBATION CENTER – SUVA

The Suva Business Incubation Center provides business support services to new business start – ups in the Eastern/Central Division.
The facility provides seed capital, office space, phone and internet to businesses operating from the Business Incubation Center. It also provides training, and mentoring to these businesses. All the businesses currently being supported by BIC Suva are in the service industry.