CBS is a product of Summer Logistic and Supply Limited which is a one-stop-shop that will offer the following services:
- The Business Incubator
- The Business Development Services
- The Training Centre
- The access to finance
Business Incubator
Business Incubator is a facility that is dedicated to helping businesses get started/expand in Somalia by offering the most affordable rates for both workstations and office space. It is designed to nurture and support businesses become established and profitable, while creating jobs and wealth in playing a major role in socio-economy of a country.
Its aim is to increase the possibility for a start-up company to stay in business for long while striving to boost the economy.
Within the incubator we shall also incorporate the concept of furnished executive offices which is gaining popularity in Somalia. Serviced Offices are a total solution in the sense that they are fully fitted and furnished, ready for immediate occupation.
Office features include:
- Private, secure work areas
- State of art facility and equipments
- High-speed Internet access and Local area network
- 24/7 Call Centre Services
- Telephone facility (digital telephones )
- Business centre (printers, fax machines, scanners, copiers, stationery, etc)
- Continuous IT maintenance and support
- Low overhead costs o Business counseling
- Business training
- Receptionist
- Welcoming area
- On-site center manager
- Fully furnished conference room
- Mail delivery service (incoming and outgoing)
- Daily office cleaning services
- Common areas e.g. break room, quick meeting areas
- Power backup
Business Development Services
Business Development Services are designed to help micro, small, medium-sized enterprises (MSME), and cooperatives overcome barriers to increased profitability, by improving their productivity and access to high value markets. In this way, they can create and sustain productive, remunerative and good quality jobs, as well as reduce poverty, and contribute to the development of the national economy.
For small business owners and managers, globalization means rapid change and often increased competition. To encourage competitiveness, business growth and employment creation, the EDC will assist partners in building national and local capacity in cost-effective and sustainable Business Development Services (BDS).
These services will include:
- Training
- Consultancy and Advisory services,
- Marketing assistance
- Information, technology development and transfer
- Business linkage promotion
- Linkages to finance and financial services.
Training Centre
The Training Center is the third component of the integrated EDC with the clear mandate to produce and offer an extremely wide range of skills while helping to smoothly facilitate the knowledge transfer on business subjects to the community in Somalia, especially in light of Vision 2020.
An excellent basic infrastructure is in place and the aim of the training center is to become a national and regional center of excellence in Management skills training of International Standards.
The model of development is designed around the central idea of creating a big and highly competent middle class that uses updated management skills as an enabler, an accelerator and a tool for increasing productivity in public and private sectors and for creating exportable goods and services.
A monthly Training will be provided and different relevant topics on board will include:
- Getting started in business
- Small business development
- Business plan development
- Entrepreneur development
- Basic Record keeping
- Managing business finances
- Marketing products and services
- Managing employees
- Managing growth
- Managing production
- Monitoring and Evaluation
- Business and workplace etiquette
- International trade
- Technology in business (e-commerce)
Even though the public will be invited to attend these trainings, Incubated Companies must be encouraged to send their directors, staff or even interns, if they wish to improve their skills in pushing their respective businesses to the next level. A yearly Eventrix will be drawn to allow incubatee companies to plan their yearly agendas, so as to confirm training attendance as per Incubator requirements.