What is the role played by BUAN in the INCU-HIVE programme?

Answer

  1. Pays the Incubates a personal allowance of an amount as maybe determined by the University from time to time.
  2. Provides facilities, equipment, tools, transport, and utilities for the ICU-HIVE projects.
  3. Assists with any other logistical support to the projects where feasible.
  4. Provides the Incubates with documentation of project income and expenditure per business cycle.
  5. Provides advice to Incubates on financial matters related to the project.
  6. Runs relevant workshops for the programme Incubates to prepare them for business ventures in partnership with LEA, TheNeoHub and other mentors.
  7. Awards a completion certificate to the Incubates at the end of the programme and the Incubates has completed clearance with the University.
  8. Makes good the damage/loss incurred by the Incubates owing to non-performance of obligations by BUAN; upon BUAN satisfying itself of such.
  9. Provides security at projects premises.
  10. Provides technical expertise to projects as and when required.
  11. Ensures that all facilities and equipment are always in serviceable condition.
  12. Provides any other logical support to the projects.
  13. Pays incubates their share of project revenue as outlined in the contract.
  • Last Updated Oct 13, 2023
  • Views 26
  • Librarian Lebogang Gopolang

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