Saanqaad is a Business Incubator which provides a clear pre-incubation program to support potential entrepreneurs define their business ideas and develop their business plans to the point where they can be evaluated as profitable enterprises.
Saanqaad focuses on a range of services for beneficiaries (incubatees) that are designed to help them launch well managed businesses in Mogadishu.
The growth of any economy depends entirely on knowledge sharing, collaboration and skills development. Saanqaad Business Incubator serves the purpose of empowering the youth and women to help them become successful entrepreneurs, the potential of social enterprises to address so called ‘bottom of the pyramid’ market opportunities and to reduce income inequality – including disparities between IDPs, Refugee Returnees and their host communities. Under the management of Hano Academy, Saanqaad Business Incubator (SBI) helps in establishing, developing and growing entrepreneurial opportunities to enhance economic independence among the target communities in Mogadishu.
The incubator also serves as a one-stop center for the needy people to have access to the relevant resources, including information communication technology (ICT). Creativity and innovation are key part of the process in developing the products and services of the incubator.
To promote innovation, creativity and engagement that enhances economic development
To retain talent among Somali youth, women and vulnerable communities and excite their minds about innovative business approaches, inclusive growth and brighter future
To help the trainees turn passion into purpose, develop transferable skills and have fun while learning
To provide hands on/practical learning and engagement in the process of innovation, business support and peer collaboration
To foster problem solving ability and project-based learning
We send occasional newsletter with updates about the hub and the incubation industry in East Africa.
