BUSINESS DEVELOPMENT LAB (BDL)

Submit an application to join the 2023 Startup Business Incubation Program (SBIP) by the March deadline and become part of the third cohort starting in April. Don’t miss this opportunity to start your entrepreneurial journey with us.

The Business Development Lab (BDL) is a program that is focused on helping businesses grow and succeed. It is typically designed to provide support and resources to entrepreneurs, start-ups, and small businesses in order to help them develop and implement effective strategies for growth and sustainability. The specific types of support and resources provided to a group of entrepreneurs by BDL may vary, but they may include things like access to funding and investment, business coaching and mentorship, training and education programs, networking and collaboration opportunities, and access to market research and data. The goal of BDL is to help businesses identify and pursue opportunities for growth, overcome challenges and obstacles, and achieve long-term success in their markets.

BDL Programs include;

• STARTUP BUSINESS INCUBATION PROGRAM (SBIP)

SBIP targets aspiring entrepreneurs. By providing training, education, and guidance, SBIP helps young entrepreneurs develop the skills and knowledge they need to start and run their own businesses. Through a customized curriculum, SBIP helps aspiring entrepreneurs learn from successful business owners and gain the confidence they need to succeed. This can be especially valuable for those who are just starting out and may not have a lot of experience in the business world. By participating in the SBIP program, aspiring entrepreneurs can gain valuable insights and guidance that can help them navigate the challenges of starting and running a small business.

• BUDDING ENTREPRENEURS PROGRAM (BEP)

The Budding Entrepreneurs Program (BEP) is designed to support entrepreneurs who are looking to take their businesses to the next level. It is specifically targeted at entrepreneurs who have already established a solid foundation for their business and are now ready to focus on growth and expansion.

The BEP provides a range of resources and support to help these entrepreneurs achieve their goals, including access to experienced business experts and mentors from Truthsprout. These mentors can provide guidance on a range of topics, including marketing, sales, finance, and operations. They can also help entrepreneurs connect with other industry professionals and resources that can help them grow their businesses.

Overall, the BEP is designed to provide entrepreneurs with the support and guidance they need to succeed in the growth phase of their businesses. It is an ideal program for entrepreneurs who are looking to take their businesses to the next level and are willing to put in the work to make it happen.

• BUSINESS LEAP PROGRAM (BLP)

BLP aims to assist entrepreneurs in expanding their businesses to a global scale and establishing  their presence in other countries. This may include helping them research and choose the best locations for their business, navigate the process of setting up a business in other countries, and provide ongoing support as they work to establish themselves. Essentially, BLP is geared towards helping entrepreneurs succeed in the international business world by providing them with the tools and resources they need to confidently and effectively set up their businesses in other country.