Establishment of a business incubator

The African continent is making progress in terms of economic growth and the prospects are good, especially for Togo. However, the entrepreneurial adventure in Africa remains difficult. Young entrepreneurs are confronted with the problem of the survival of their activities and the growth of their nascent enterprises. However, the lack of structures that can help them overcome the difficulties they face forces many of them to give up and put an end to their dream of becoming great entrepreneurs and job creators. Start-ups and project holders do not benefit from a sufficiently important support framework and have real problems accessing the financial, technical and human resources that would facilitate their growth. In a Togolese socio-economic context characterized by the precariousness of start-ups and where the opportunities for creating new jobs are essentially in the private sector, it is clear that the search for and implementation of sustainable solutions is becoming an essential exercise, hence this work on the creation of an incubator.

Autorentext

Stéphane K. T. AKAYA ist Wirtschaftswissenschaftler, Experte für Entwicklungspolitik, Projektmanagement und die Entwicklung des Privatsektors in Togo und den westafrikanischen ECOWAS-Ländern. Herr AKAYA ist derzeit Wirtschafts- und Finanzberater des togolesischen Premierministers.