To be the “Go To”, High-Tech Incubator and Accelerator for innovators and ventures delivering Smart City Solutions and Industry 4.0 Technologies.
To support the successful development and sustainability of new innovation- based businesses.
To be the first choice for the commercialisation of smart products and services in our targeted sectors.
Innovation Success Fun
To be the “Go To”, High-Tech Incubator and Accelerator for innovators and ventures delivering Smart City Solutions and Industry 4.0 Technologies.
To provide a significant entrepreneurial experience and presence in Nelson Mandela Bay where innovation and technology convergence is facilitated to create sustainable and profitable ventures, through exceptional management, leadership & infrastructure in specific sectors.
To be the first choice for the commercialisation of smart products and services in our targeted sectors.
Innovation
Success
Fun
Propella is one of the first business hubs in South Africa to be fully geared for Business 4.0.
Exciting new IT and advanced manufacturing businesses share the same building to encourage cooperation between innovators in both sectors.
Support for the development of technologies for Smart Cities come through a partnership between Engeli Enterprise Development (EDD), a private sector business support company and Innovolve, the wholly owned commercialisation company of Nelson Mandela University (NMU).
Propella helps commercialise the research and development being conducted at the NMU, as well as other technology entrepreneurs who either approach Propella for support or who are identified by Propella.
Prospective incubatees go through a rigorous selection process to qualify for access to the Propella and its support services.
Once they are selected Propella facilitators assist with mentoring and the evaluation of business concepts.
Propella's modern hive of innovation, overlooking the Port Elizabeth harbour offers:
All successful businesses and innovations start with an idea. Propella helps to ignite the ideas to become actions through its pre-incubation support for innovators who have a concept with potential, but need guidance on the first steps to commercialisation.
Propella doors are open to inventors or entrepreneurs who are in that all-important and delicate concept stage – the one where there is an idea but no plan.
Propella's doors are open to inventors or entrepreneurs who are in that all-important and delicate concept stage – the one where there is an idea but no plan.
Entrepreneurs will be ready for selection for the next phase if they have:
Propella measures its success by the number of companies which have been commercialised – in other words, they have left the building as sustainable businesses with both a product and a market. Of course, when pioneering new products, processes and businesses, not all incubatees make it to market. That failure is analysed to ensure that the lessons learned contribute to the success of another new venture. By the way, we also celebrate failure, since it’s part of a successful journey. Look out for our FUN2FAIL events.
Propella provides four types of support:
Business toolbox
Engeli Enterprise Development, which manages Propella, has developed a range of entrepreneurial, business and technology tools for the various facets of the incubation/acceleration stages. These have been customised for Propella.
Entrepreneurs accepted by Propella sign a development contract based on an assessment of the company using the diagnostic tools. The contract includes development milestones and commitments from the entrepreneur, as well as the anticipated date on which the enterprise will move into its own premises – making space for the next potentially disruptive new business.
Once they have successfully proved they have a viable business concept during the incubation programme Propella is able to provide support to the owners and managers of companies ready to growth their business to the next level.
The main offerings include:
Funding
Few financial institutions and venture capitalists in South Africa provide funding for new technology or early stage venture capital, as they are seen as high risk.
Successful Propella incubatees who have established the potential to develop a successful and sustainable business are assisted in applying to various funders.
Partnerships with other venture capital funds (Engeli Section 12J VCC and others) and financial institutions are among the options for start-up debt and equity funding.
Some start-ups may also qualify for BBBEE enterprise development funding grants or loans.
Propella also facilitates the creation of partnerships (like JV’s) with established companies.
Extended tenure
Space permitting, Propella may offer companies ready for commercialisation the opportunity to continue making use of the Propella facilities and support structure.
Propella is one of the first business hubs in South Africa to be fully geared for Business 4.0.
Exciting new IT and advanced manufacturing businesses share the same building to encourage cooperation between innovators in both sectors.
Support for the development of technologies for Smart Cities come through a partnership between Engeli Enterprise Development (EDD), a private sector business support company and Innovolve, the wholly owned commercialisation company of Nelson Mandela University (NMU).
Propella helps commercialise the research and development being conducted at the NMU, as well as other technology entrepreneurs who either approach Propella for support or who are identified by Propella.
Prospective incubatees go through a rigorous selection process to qualify for access to the Propella and its support services.
Once they are selected Propella facilitators assist with mentoring and the evaluation of business concepts.
Propella's modern hive of innovation, overlooking the Port Elizabeth harbour offers:
All successful businesses and innovations start with an idea. Propella helps to ignite the ideas to become actions through its pre-incubation support for innovators who have a concept with potential, but need guidance on the first steps to commercialisation.
Propella doors are open to inventors or entrepreneurs who are in that all-important and delicate concept stage – the one where there is an idea but no plan.
Propella's doors are open to inventors or entrepreneurs who are in that all-important and delicate concept stage – the one where there is an idea but no plan.
Entrepreneurs will be ready for selection for the next phase if they have:
Propella measures its success by the number of companies which have been commercialised – in other words, they have left the building as sustainable businesses with both a product and a market. Of course, when pioneering new products, processes and businesses, not all incubatees make it to market. That failure is analysed to ensure that the lessons learned contribute to the success of another new venture. By the way, we also celebrate failure, since it’s part of a successful journey. Look out for our FUN2FAIL events.
Propella provides four types of support:
Business toolbox
Engeli Enterprise Development, which manages Propella, has developed a range of entrepreneurial, business and technology tools for the various facets of the incubation/acceleration stages. These have been customised for Propella.
Entrepreneurs accepted by Propella sign a development contract based on an assessment of the company using the diagnostic tools. The contract includes development milestones and commitments from the entrepreneur, as well as the anticipated date on which the enterprise will move into its own premises – making space for the next potentially disruptive new business.
Once they have successfully proved they have a viable business concept during the incubation programme Propella is able to provide support to the owners and managers of companies ready to growth their business to the next level.
The main offerings include:
Funding
Few financial institutions and venture capitalists in South Africa provide funding for new technology or early stage venture capital, as they are seen as high risk.
Successful Propella incubatees who have established the potential to develop a successful and sustainable business are assisted in applying to various funders.
Partnerships with other venture capital funds (Engeli Section 12J VCC and others) and financial institutions are among the options for start-up debt and equity funding.
Some start-ups may also qualify for BBBEE enterprise development funding grants or loans.
Propella also facilitates the creation of partnerships (like JV’s) with established companies.
Extended tenure
Space permitting, Propella may offer companies ready for commercialisation the opportunity to continue making use of the Propella facilities and support structure.
Sinazo Jack
Administrator
Facilities
Graphic Designer
Digital Content Creator
ICT Administrator
Monitoring & Evaluation
Receptionist
Marketing Coordinator
Software Developer Intern
Daryl McWilliams
Wayne Oosthuizen
Ed Richardson
George Meiring
Sanjiv Ranchod
Nick Marriott
Engeli Enterprise Development
Engeli Enterprise Development
Prof Andrew Leitch
Nelson Mandela University
Johan Wasserman
Nelson Mandela University
Wayne Oosthuizen
Engeli Enterprise Development
Dr Ricardo Dames
Engeli Enterprise Development
Barry Wiseman
Engeli Enterprise Development