Small and medium enterprises (SMEs) and startup companies spend an average of 6 to 9 months at this stage. It refers to the periods of establishment, stabilization, and legal registration of newly initialized businesses.
At this stage, entrepreneurs and talented people are supported by MSTPBI to conduct preliminary studies and research, implementation of innovative and entrepreneurial ideas, company registration and configuration of a perfect business plan.
During P.I. stage, fledgling companies consolidate their future plan and program, and would be registered as an independent legal entity or institution.
The provision of below-market rate office/manufacturing space
Helping to fund fledgling businesses
Providing telephone, production equipment, high-speed internet access
Business training programs
Training in accounting and financial management
Access to bank loans and loan funds
Recommending angel investors and venture capital
Access to advisory board and mentors
Help with business etiquette
Technology commercialization assistance
Intellectual property management