Being a start-up company is difficult’. It is a common cry that you hear from many that have braved the uncertainty of leaving their jobs to explore the uncharted waters of innovation. It is true that many of those who establish a start-up company struggle. Rome wasn’t built in a day and naturally building a company from scratch requires bravery, determination and perseverance. The arrival of the digital revolution where knowledge could be disseminated at staggering speeds has somewhat lowered the bars for start-up companies. However, the 3 barriers of start-up companies: funding, facility and know-how remain to haunt them. At the core of this struggle lies one common denominator, experience. Start-up companies are too often left to fend for themselves with a capital idea but with no knowledge or experience in how to raise funds, build facilities and know-how to turn their idea into a reality. If we can take a moment to ponder how many life-changing inventions that could have saved countless lives have been left unexplored. Most of you will likely reach the same conclusion as we did, too many. We ORB have decided to take action. As many of you may know ORB’s company motto is ‘for humanity’. Our passion is in making the world a better place through technology and it is in our interest in supporting the ideas of others into fruition. For this reason, we have established ORB Incubator. A company that supports start-ups by providing them with the operational funds, state-of-the-art research facility and the scientific know-how. By doing so start-ups are able to focus on developing their ideas without having to worry about the problems faced by traditional start-ups. Another way of looking at this company is as a university where the researchers do not need to do funding, establish their own laboratory and build a network of experts in their field as those are all provided for them. We are hoping to incubate (support) up to 80 start-ups in the initial stages and at the time of writing ORB Incubator is currently in the funding stage to finance the facility.
For more information please refer to, ORB Incubator.