Maxum Graduations Ceremony | The Innovation Hub
Maxum Graduations Ceremony
 
Issued by: The Innovation Hub
[05 July 2017]

Maxum Business Incubator is proud to announce that for the year 2016/7 they graduated seven (7) commercialised companies out of the Core Program. These graduates are Nic Klopper whose company hearScreenTM is a patented smartphone application that provides a mobile health solution for early detection of hearing loss and linkage of patients that require health services. Portia Mngomezulu also graduated on the day, she runs a privately black owned, led and managed, Johannesburg-based cosmetics company that she established in the year 2011. She provides a skin care range made of ingredients from ripe marula fruits. Billy Sehume of Maru Telecoms provides value-adding telecommunications solutions and services which meet customers personal and business requirements, thereby affording them a swifter and competitive advantage. Dr Linda Meyer, founder of MABU Casing Soils, manufactures an eco-friendly mushroom casing soil for the southern African mushroom industry. Godfrey Sono is the brains behind mo-Wash, which is the first mobile water and life saving hand washer of its kind. mo-Wash is a mobile hand washer unit that provides event organisers with a cost-effective solution to the challenge of maintaining hygiene at an outdoor function or event.
 
Quentin Harley created Morgan which articulates his vision for easier access to 3D printers.  with Morgan it is easier for anywhere in the world to build a 3D printer without needing exceedingly high cost materials, hard to find components, and material that has to be shipped at high costs. Whereas Ntuthuko Shezi, creator of  Livestock Wealth, is a crowd farming company that makes it possible for anyone, even those without land, to become livestock farmers.- investing in organic beef farms and sharing in the profits of the farm. Their unique business model enables individuals who do not have access to land, skills and time to participate in farming.
 
The Maxum Business Incubator develops the business leaders of tomorrow by providing an enabling environment where start-ups from the knowledge-intensive sectors are fast tracked to compete in the global village. Incubation creates a synergistic environment where entrepreneurs can share learning, create working partnerships, as well as open doors to markets and resources.

The pre-incubation programme (renamed Maxum Innovation Factory) is a six to nine months duration and the main incubation programme (Maxum Core) lasts up to three years.  In pre-incubation, entrepreneurs are assisted with refining their business cases and finalising their prototypes, whereas during the main incubation the focus is commercialization, growth in revenues and sustainability.

The Maxum Core program incubates entrepreneurs that have fully commercialised. The programme assesses the financial stability and market exposure of their incubated companies. Graduating from the program doesn’t mean that Maxum no longer offers supports the company, instead a graduated company is afforded the ability to test itself in the market, an environment composed of competitiveness and great insecurity