OSTAD200 INCubator

Empowering Entrepreneurship and Building Resilience

O’STAD200 INCUBATOR has been designed by Impact Hub Aruba in collaboration with the Aruba Chamber of Commerce and Industry, and the University of Aruba, to support entrepreneurs and businesses in achieving sustainable growth and resilience, by offering trainings, tailored mentorship, strategic resources, and a collaborative community network across an intensive program leading to a final Pitch Day. The participants will get assigned a dedicated mentor for guidance leading up to the grand Pitch Day, where each participant requires to present to a panel of judges to win a Start-Up and Scale-Up funding. Following the initial part of the program and Pitch Day, start-ups and scale-ups will continue in a 6-month Post Program designed to sustain the positive outcomes. This effort aims to turn Oranjestad and Aruba in general into a shining example of innovation and economic growth.

✓ Shared knowledge and expertise

✓ accelerated growth

✓ Connect with business key players

What is an Incubator?

Business Incubator

Business incubation is a dynamic process of business enterprise development. The term refers to an interactive development process where the aim is to encourage people to start their own business and to support start-up companies in the development of innovative products (National Business Incubation Association). For O’STAD200 Inc., established companies are included alongside start-ups to enhance Aruba’s market competitiveness.

Goal of the Incubator

Business incubators aim to nurture the growth and success of startups and early-stage companies by providing essential resources, mentorship, and a supportive environment. They enhance market competitiveness through tailored guidance and skill development, stimulating innovation and creativity. Incubators also facilitate valuable networking opportunities, allowing entrepreneurs to connect with peers, industry experts, and potential investors. As O’STAD200 Inc. provides a collaborative space, it improve the survival rates of new businesses, addressing the challenges a business might face in their formative years.

What will you gain?

Either as a Start-Up or if you have a business already looking into Scale-Up, O’STAD200 Inc. is the ideal platform to accelerate your growth

By enrolling in O’STAD200 Inc., you will gain access to a curriculum of trainings, expert mentorship, business resources, coworking space, and a dynamic network of peers and industry leaders aimed at accelerating your entrepreneurial journey towards sustainable growth and resilience in Oranjestad’s vibrant economic landscape.

Participate in exclusive training and workshop sessions led by local and international industry facilitators, along with professors from the University of Aruba.

Mentorship & Guidance

Receive mentorship and guidance from experienced entrepreneurs, industry experts, and seasoned professionals, helping them navigate challenges, make informed decisions, and accelerate growth.

Network Opportunities

Gain networking opportunities with fellow entrepreneurs, investors, mentors, and potential partners or customers, facilitating valuable connections and collaborations.

Validation & Feedback Business Model

Validate your business ideas/model, products, or services through market feedback, customer validation, and pilot testing. Helping refine your offerings and strategies to increase your success rate.

Exposure & Visibility

Gain exposure and visibility through participation in OSTAD 200 Inc., which can attract media attention, industry recognition, and opportunities for PR and marketing.

Accountability and Structure

Provides a structured environment that stimulates accountability, goal-setting, and milestone tracking, helping you stay focused, motivated, and on track towards achieving your objectives.

Access to Resources

Receive access to resources such as office space, equipment, utilities, and/or professional support.

Educational Workshops and Training

Benefit from educational workshops, seminars, and training sessions covering various topics such as business development, marketing, operations, finance, legal matters, and technology.

Funding Access

Opportunity to secure funds needed for growth and expansion, by competing in a Pitch event. Each participant per category can win AWG. 10.000 to spend on their business. Conditions apply.

Supportive Community

Become part of a supportive community of like-minded entrepreneurs who share knowledge, experiences, and resources, creating a conducive environment for learning, collaboration, and mutual support.

Strategic Partnerships

OSTAD200 Inc. is affiliated with corporates, government agencies, research institutions, and other stakeholders, opening doors to potential clients, suppliers, distributors, or collaborators.

O’STAD200 INCUBATOR

TRAINING

Embark on a week long intensive journey to master all aspects of business and entrepreneurship. Benefit from the wisdom of industry experts and academics.

MENTORSHIP

Receive one-on-one mentorship that sharpens your skills and prepares you thoroughly for the upcoming pitch day at the end of OSTAD200 Incubator.

OFFICE SPACE

Access to office spaces, and meeting rooms at Impact Hub Aruba for the duration of O’STAD200, is included.

NETWORKING

Connect with a network of peers sharing your entrepreneurial spirit to exchange ideas and access resources essential for the launching or expanding of your business.

PITCH DAY

Benefit from expert advice to prepare for the final Pitch Day, where participants present to a panel of judges and compete for the opportunity to secure startup or growth funding.

Enrollment Requirements

✓ 18 years or older
✓ Business Idea, Start-Up or Established Business
✓ Time and Commitment is a requirement

How to Enroll?

Complete your pre-pitch by submitting the enrollment form. You will move into a pre-selection stage, where your information and motivation for participation will be reviewed be a O’STAD200 Inc. review committee. If selected, participants will receive an official confirmation on their participation with further payment instructions.

Note that the program is designed to accommodate a limited amount of participants, therefore a selection process is required.

O’STAD200 enrollment fee:

Start-Up Fee: AWG 350

Scale-Up Fee: AWG 500

REGISTRATION CLOSED

TERMS & CONDITIONS

About the Partners

O’STAD200 Inc. has been designed by Impact Hub Aruba, in collaboration with the Aruba Chamber of Commerce and the University of Aruba, with the support of the Minister of Economic Affairs, Communication and Sustainable Development, and sponsors.

“Now is the pivotal moment to enhance Oranjestad’s entrepreneurial landscape, setting off a chain reaction that support innovation, drives economic development, and cultivates a thriving business community.”

Mary-Ann Falconi-Rasmijn

Co-founder. General Manager Impact Hub Aruba

Why participate in O’STAD200 Inc.?

By being a participant, you will actively gain endless opportunities for growth and success for your business. From exclusive networking events, hands-on training, mentorship, resources, to personal and professional development.

Start-Up or Scale-Up?

O’STAD200 Inc. is dedicated to helping the business community in Aruba. To better serve your needs, we offer two categories. Whether you are a start-up (company with less than 3 years of operation) or a scale-up (more than 3 years of operation) we provide the building block and essential tools to support you in every stage.

Exceptional Guidance

At O’STAD200 Inc., we make sure to deliver exceptional guidance to empower business to reach their full potential. Through personalized mentorship and experts, you will be offered insights and advice to your specific needs and challenges. We want each business to confidently strive for their full potential.

Pitch Day

After a three month intensive program, you will need to Pitch your business idea or intentions to scale-up to a panel of judges and compete for the opportunity to secure start-up or scale-up funding.

Entrepreneurial Landscape in Aruba

The second-best economic pillar in Aruba is the SMEs. They present a dynamic blend to the island, serving as a source of entrepreneurial skills, innovation and employment. By supporting SMEs in Aruba, it boosts economic growth and strengthens our community.

Sustainable Development

We are deeply committed to helping businesses grow, while promoting sustainability in its broadest sense. For O’STAD200 Inc., all efforts are aligned in supporting SDG 4, SDG 5, SDG 8, SDG 9, SDG 11, SDG 12 and SDG 17. We firmly believe that every day is a step towards a more sustainable and equitable world.