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Published on October 25, 2007

Author: Sudiksha

Source: authorstream.com

Slide1:  THE PANAMA TECHNOLOGY BUSINESS ACCELERATOR PTBA Slide2:  A multi-institutional complex of education and research for the advancement of technology and human development THE CITY OF KNOWLEDGE Slide3:  CITY OF KNOWLEDGE COMPONENTS Slide4:  MISSION “To accompany the development of Technology based companies, adapted to the necessities of this age, giving the proper support trough an environment that will allow them to grow and be successful”. ¿WHO ARE WE? ATEP ¿WHAT DO WE DO?:  ¿WHAT DO WE DO? PTBA’s Acceleration Model Allows the development of complete business man, that work together in a talent oriented scenario, to develop high potential companies. Part of what we call our STRATEGIC THINKING develops in three stages: 1. A complex analysis of ideas with the maximum variables. 2. Concrete projects that allow for quick decision making. 3. Simple execution of projects INCUBATION MODEL:  INCUBATION MODEL Acceleration Model Pre Acceleration – training and monitoring of the Incubation Companies. Acceleration – follow up of the company progress during the acceleration process. Post Acceleration – follow up of companies after they spin off PTBA. PANAMA’S COMPETITIVE ADVANTAGES THE FOUNDATIONS OF THE COUNTRY’S DEVELOPMENT STRATEGIES:  PANAMA’S COMPETITIVE ADVANTAGES THE FOUNDATIONS OF THE COUNTRY’S DEVELOPMENT STRATEGIES International financial and business center Modern communication services Abundant biodiversity Extraordinary ethnic and cultural diversity Legal and financial security In development stage: Multi-modal transportation center around the canal Air trans-shipment center Panama is connected to the world through multiple fiber optic submarine cables. CK has direct access to them.:  Uruguay Colombia Guyana Suriname Fr. Guiana Aruba Brazil Peru Ecuador Mexico Bolivia Chile Argentina Venezuela Puerto Rico Bermuda Miami, FL Honduras Costa Rica Panama Belize Guatemala Nicaragua Curaçao Dominican Rep Bahamas Paraguay St. Croix Cayman Is. Maya 1 Arcos 1 SAC MAC Pan American Panama is connected to the world through multiple fiber optic submarine cables. CK has direct access to them. Slide9:  Creation of a Financial Support Program to Incubated companies (risk capital Fund, Capital Seed Fund or Investor Angels Network) No specific policy to promote incubators High cost of utilities A very small population Many people in the country side have no access to technology There is no real entrepreneurial culture CHALLENGES Slide10:    Training: to develop virtual training to motivate the entrepreneur conscience Construction of Skills and development of companies: through a virtual incubator Creation of a National Association: seminary of qualification in management of incubators Dissemination of the best Practices: With training programs, Research and network generation. Technical assistance on new projects: through National Competition to select and to support the best business plan of each year. Assistance to incubators: to create a financial support program with the private sector New services with ATEP-infoDEV Project

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