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In 2006, regional networks were launched with the aim
of bringing together these organizations to share lessons
and experiences. Regional networks are now active in:
Building Local Capacity: infoDev
- provides financial and technical assistance to help
existing incubators improve and scale up their operations
- facilitates the development of new business incubators
in areas that are currently not served
- encourages innovative use of ICT based on local
needs and contexts
- enables a network of knowledge-sharing among business
incubators that support ICT-enabled private sector
development.
Generating New Knowledge:
The Incubator Initiative is
dedicated to capturing and disseminating knowledge and
best practices on promoting ICT-enabled entrepreneurship.
infoDev therefore leverages this network to identify
and understand the primary constraints to ICT-enabled
innovation, new business creation and expansion across
the economy. This includes financial and human resource
limitations, as well as policy and regulatory challenges.
Providing Advice:
The knowledge created through
the Incubator Initiative is used to deliver customized
advisory services to donors. Recent examples of such
services includes advise provided to the European Commission
in their work to promote ICT-enabled entrepreneurship
in Eastern Caribbean.
Who Funds the Incubator Initiative?
The Incubator Initiative was established
with a multi-year contribution from the government of
Japan. In 2006 the governments of Finland and India
provided additional funds and resources. Incubators
further leverage infoDev's funding by obtaining local
support local from organizations such as the United
Nations Development Programme (UNDP), International
Development Research Centre (IDRC), Inter-American Development
Bank (IADB), European Bank for Reconstruction and Development
(EBRD), and the European Commission.
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