How to Join the Cluster
A candidate business must meet these initial requirements:
- A Internet or software technology business, product or service
- In start-up, early-stage development,restructure/re-focus
- Viable business plan
- Market identification and knowledge
- Product defined with development plan
- Technical capability
- Financial Plan
- Potential for creating new jobs
- Ability to pay the low participation costs
Applicants must complete the following steps:
- Submit a completed application
- Submit a brief business plan
- Participate in an interview with the SBC Director.
Applicants are reviewed on the following criteria:
- Business potential
- Quality of business plan
- Clarity of market focus
- Reality of assessment of competition
- Quality of management team
- Ability to utilize cluster services
An attempt will be made to attract a diverse group of start-ups in non-competitive market sectors.
Graduating from the Cluster
When a business is established, it is expected to move out of the Cluster
to make room for new start-ups. The maximum period any business may remain is
two years.