The Foundation Hub - Frequently Asked Questions
What is The Foundation Hub?
The Foundation Hub is a free co-working space to support innovative ideas, startups, and established businesses.
What is the goal of Foundation Hub?
Our primary goal is to empower businesses to thrive. We provide the resources, training, and community to help you succeed beyond your time at The Hub.
What kind of support does Foundation Hub offer?
We provide a fully-equipped workspace, essential training programs on business development, leadership, innovation, and management, and access to a supportive community.
Is there a cost to use Foundation Hub?
No, Foundation Hub is completely free to use for eligible businesses.
What sectors are eligible for Foundation Hub?
We welcome businesses from all sectors if they demonstrate innovation and a robust business model.
Who can apply for Foundation Hub?
Foundation Hub is open to:
- Innovative startups with a sound business plan.
- Businesses looking for a supportive environment.
- Individuals with innovative concepts who are ready to develop a business plan (limited to 3 months).
- International companies or startups looking to test their products and services in a new market.
What are the requirements to be eligible?
- Your business idea must showcase innovation.
- It would help to have a well-developed business plan (except for concept-stage applicants).
- Your team must be a maximum of four people.
- Your business must be legally established or in the process of being established.
Can I stay at Foundation Hub for longer than one year?
Unfortunately, residency at The Hub is limited to one year. We aim to equip you with the tools and skills to succeed independently after that period.
What kind of training programs does Foundation Hub offer?
We offer various training sessions focusing on:
- Turning ideas into business ventures
- Leadership skills
- Innovation strategies
- Business management
What if I don't have a fully formed business idea yet?
Suppose you have an innovative concept but haven't developed a business plan. In that case, you can apply for our three-month training program designed to help you solidify your idea and create a solid foundation for your business.