Business Incubation in Senegal
Business incubation is a recent concept in Senegal. The first initiative started in the 1990 through the creation of a technopole in the capital city. The initiative was stopped after 10 years (change in political leaders).
There is no state owned business incubation. There are 2 private business incubators: "pepinieres d'enttreprise"s and "Synopsis center", one nonprofit women business incubation funded through InfoDev grant. (NCNW/WBC) The women business incubation hosted 7 women business in the field of art and craft.
Overall, business incubations support young entrepreneurs in different sectors. Only the NCNW/WBC women business incubation is focused on art and craft business.
There is a national policy to support entrepreneurship. The main goal is to improve the business environment climate, provide technical support to entrepreneurs through training and attract foreign direct investment. Senegal is undertaken an important policy to promote business incubation in 5 regions, each region will specialize in its comparative advantage. The Canadian Cooperation committed to supporting the initiative.