International Technical Assistance for the establishment of Multisectorial Incubator of companies in Libreville

COSTUMER
APJA s/c SECRETARIAT PRESIDENCY (GABON) │ International Technical Assistance for the establishment of Multisectorial Incubator of companies in Libreville
ACTIVITY AREA
Entrepreneurship and Youth Employment Promotion - Business Incubator
PROBLEM

Gabon, one of the main oil-producing countries of Central Africa, has been experiencing major economic difficulties since the drastic fall in the price of a barrel of oil. Its rentier economy, entirely dependent on the black gold, goes through a difficult period marked by the fall in public revenues, the departure of the multinationals, but especially the degreasing of employees, with as major consequences the increase of the unemployment rate. In order to both solve the problem of unemployment in Gabon and diversify its economy, the Gabonese government has embarked on a major Economic Recovery Program (EMP) whose objective, among other things, is to create an economic framework favorable to the emergence of SMEs. growth drivers of emerging countries. This revolution can not be done in a country long invested by major oil companies, without the establishment of a legal and institutional framework favorable to entrepreneurship and business creation for SMEs. As such, the Gabonese State, with the assistance of the African Development Bank, has decided to strengthen the country’s entrepreneurial ecosystem by setting up multisector incubators. A pilot project of a multisector incubator has been launched in the city of Libreville. YCG was chosen to accompany the feasibility and implementation.

SOLUTION OFFERED BY YOUMANN

Our solutions have made it possible to:
– analyze and explore the entrepreneurial ecosystem of Gabon;
– propose a business model that promotes the financial autonomy of the incubator in the very short term;
– advocate an optimal legal model of the incubator;
– build the organizational model and the operating mode of the incubator;
– accompany the staffing and the setting up of the staff;
– establish the operational plan.

RESULTS OBTAINED OR ACHIEVEMENTS

– Diagnosis of the entrepreneurial ecosystem achieved;
– Economic model validated for testing at launch;
– Legal form and organizational structure adopted;
– Detailed procedure;
– Budget developed and adopted;
– Potential partner network activated.