Do I have to fulfil certain requirements?
Can people who have already started their own company also approach IntEnt?
How much time do I need to start a company?
How does IntEnt work?
Which problems do starting entrepreneurs encounter?
Does IntEnt finance your business idea?
Does IntEnt provide subsidies?
Do I have to fulfil certain requirements?
We advice you not to come to us for help if you do not have any experience, a network of entrepreneurs and no money (or real estate). Experience has shown that in practice your chances of succeeding are very small when you have no experience in the sector you want to start. Even when you cannot invest (saved) money and / or real estate in the company, then external investors such as a bank will not show any interest in your plans. Further a professional network composed of contacts in the field of your specialisation and in the country where you want to start a business is very important to succeed. IntEnt will discuss this in details with you during the intake discussion.
Can people who have already started their own company also approach IntEnt?
We provide support when you want to start a company in one of our programme countries. It is fine if you already have or have had a business there. A Dutch established entrepreneur could also start a join venture with a company in one of the programme countries. This means that two or more parties decide to undertake an economic activity together.
The approach of IntEnt
How much time do I need to start a company?
The time required by the entrepreneur to make a final decision and start a business in a developing country is between a year and a half and two years. The experience of the last years has shown this. Of course, if you are well prepared you might manage it faster.
How does IntEnt work?
The way that IntEnt works and its methodologies are entirely based on ideas of entrepreneurship (development). The starting point is the triangle of (entrepreneurship) attitude, (management) skills and (technical) knowledge. IntEnt focuses on ‘Attitude’ and ‘Skills’ from the triangle. ‘Knowledge’ of the sector in which the potential entrepreneur wants to work is supposed to be present anyway.
Which problems do starting entrepreneurs encounter?
Credit limitations and high interest rate at local banks in the developing countries. Bureaucracy, asking the required permits and documents is time consuming. Not familiar with the procedures and market in the developing country. No up dated statistical information. Sometimes an unstable political, economical and security situation. Having to get used to a different culture. IntEnt can help you solving most of the problems thanks to the professional support and contact in the programme countries.
Does IntEnt finance your business idea?
No, IntEnt does not finance business plans. IntEnt provides support for the mediation to get finance. IntEnt has an extensive network composed of banks and financial institutions in the different programme countries. However these always decide themselves whether they want to give financial support or not for your business plan.
Does IntEnt provide subsidies?
No, IntEnt does not provide subsidies. Exceptionally IntEnt can provide support for instance for additional training (sales training, administrative training, skill straining). In that case IntEnt might reimburse 75% of the expenses.