Science and technology Incubation Hub (ScitechInc) is the last flagship under Elevate Trust that seeks to be the bridge between ideation and commercialization through a one year incubation process. The businesses start as ideas or early stage start-ups and exit when they are financially independent and successfully operational. it will work with supporting already successful identified ideas. Providing follow up for start-up competition winners and creating incubation structures that enable the transformation the idea into a business. Its success is seeing a running project that is successful not only in registration but sufficiently profitable to sustain itself and financially attractive to be eligible for listing under the stock exchange. SciTechInc will also offer a networking platform for entrepreneurs who are not necessarily under its incubation programme. This will be through a monthly program called the business speed networking program.
ScitechInc understands the power of collaborations hence it leverages on building partnerships. Among them are:
Banc ABC with the winners Hub Club, which is a networking, further training and support system to ensure individuals that have pitched around the country have a platform that enables them to keep growing.
Buy Zimbabwe which is furthering access to market for enterprise goods through the Buy Zim Youth and SME Desk.
Various trainings to other youth capacity Junior Achievement Zimbabwe and the innovation hubs of various Universities.
It will mainly deal with projects that have gone to competitions and sourcing projects from start-up competitions from around the country including Elevate Trust’s very own Student Start Up Summit.
