Becoming a proper incubator has proved tricky.
Hypercube in Zimbabwe closed in 2015 after operating for less than two years, having failed to find a sustainable business model.
A seed fund and incubator based in Nairobi called 88mph closed in 2015 after struggling along for four years; its Nigerian spin-off, 440. NG, was discontinued after the first cohort graduated—the return on capital to the founder was insufficient.
Only one genuine incubator, Raizcorp in South Africa, is profitable without grant funding.
Almost all are waiting for their first big payout.
Many incubators lack experienced mentors to guide young businesses.
In a country like Ethiopia, home to few internationally successful businesses, finding qualified staff is a headache.
Even in more sophisticated Nigeria, mentors can be substandard.
Some actively harm young startups by, for example, pushing them into raising capital too early.
Just as entrepreneurs need decent mentors, incubators need good entrepreneurs if they are to make any money.
In Africa, says Nicolas Friederici of Oxford University, incubators have disappointed because they are a supply-side solution: there are still too few promising startups in need of their services.
Many of the best entrepreneurs have already left for other places.
When Michael Oluwagbemi set up Wennovation Hub in Lagos in 2011, he found he had to teach wannabe entrepreneurs how to write applications and design websites before he could even launch the formal incubation programme.
2011年，当Michael Oluwagbemi在拉各斯建立Wennovation Hub时，他发现在他认为能推出正式孵化项目前，不得不教那些想成为企业家的人们如何编写应用程序和设计网站。
“The incubator in Africa is basically a finishing school and four months of it is not enough,” he says.
1.business model 商业模式
例句:That is an example of a transformational business model.
2.set up 建立
例句:The two sides agreed to set up a commission to investigate claims.
3.in need of 需要
例句:There was damp everywhere and the entire building was in need of rewiring.
例句:The company put out a report on commercial spin-offs from its research.