According to Hasan, base-of the-pyramid business owners will be identified and trained for up to a year through a community incubator programme.
“They will be able to start their businesses or services almost immediately once their Modular Innobox of choice has been produced and moved to the site. Everything from the solar power to the standardised business processes will already have been integrated and tested off-site.”
Rural entrepreneurs won’t have to fork out huge amounts of start-up funds if they can secure sponsorship from companies. “Owner operators will pay back or earn ownership through their hard work over a three-year period if the unit is sponsored,” Hasan says.
Another exciting aspect of the Innobox is that its remote data analytics and training elements will bring exciting networking possibilities to their owners. Sponsoring companies will also be able to remotely monitor their investment and intervene if necessary.
By thinking out of the box, a lecturer of the Faculty of Engineering on the NWU’s Potchefstroom Campus is making it easier for rural entrepreneurs to start and run businesses.
Hasan Darwish, a lecturer in industrial engineering, has developed the Modular Innobox - a movable unit that entrepreneurs can use to operate in low-income communities in Africa and Asia.
The NWU & U
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“Base-of the-pyramid business owners can choose a Modular Innobox either from an available design or customise their own.”
NWU & U