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What is the TrainE-TraidE Business Incubator?

Business
 
TrainE-TraidE facilitates the establishment of new businesses in order to generate sustainable long term incomes within the community.

It is done through a business incubator which offers the infrastructure, services, mentoring and finances needed to establish and develop new businesses.

Key Services provided by TrainE-TraidE

  • Serviced offices to include, modern office accommodation, secretarial services, meeting rooms, IT and telephone infrastructure. (hyperlink to where we are with picture of offices)
  • Access to professional services such as accountants – helping develop general business financials, i.e. budget, cash flow projections and legal to include employment, copyright and general corporate services
  • Dedicated mentor with expertise in the specific sector to offer advice and help guide the company, especially in its early stages of development 
  • Access to TrainE-TraidE’s business network of industry contacts – TrainE-TraidE has a large network of contacts in many industries. They will be accessible to help with business advice and development as required
Funding
 
  • TrainE-TraidE has a stand alone fund for the purpose of providing seed loans to new companies. These loans will be provided through TrainE-TraidE and assessed on a case-by-case basis.

Acceptance Guidelines

There are a number of general guidelines but these are finalised on an individual case basis;
  • The company should submit a business plan application
  • There should be three or less people
  • Turnover should not be in excess of £50,000
  • Transparency is expected from the applicants. The director must meet with and submit reports to TrainE-TraidE as required
  • The business will be incubated for a maximum of 24 months
Click here to become a TrainE-TraidE business

 

 

 

 

 

 

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