Scaling up Business Development Services Through Incubation Centers

Scaling up Business Development Services Through Incubation Centers

Micro, small and community based enterprises needed embedded business development services to start, scale up and sustain a business. This study aimed to proposes a conceptual framework to establish a business incubation center to scale up business development services in Nepal. This paper has used qualitative research that includes (i) interaction with stakeholders, (ii) focus group discussion, and (iii) observation. A qualitative content analysis approach was used to analyze the contents of the discussion. Key points and quotes were extracted, synthesized. The study suggests a greater need of sustained business development services and incubation model would provide that specially to micro, small and community based enterprises. establishing business incubation center at local level with joint collaboration between local government, academia, professionals and private sectors can provide a sustainable model.