Chemin uses a number of basic admission criteria to determine the eligibility of a project for admission to a more elaborate pre-incubation evaluation:
A Pre-incubation Agreement will be signed prior to proceeding with the pre-incubation process. Having passed the admission criteria the applicant qualifies for consideration as a client for pre-incubation. The pre-incubation process will not exceed 6 months and will mainly involve training of the SME on the following:
Chemin is considering charging a fee for this stage to recover the costs for training. The duration of this stage will be a period not exceeding 6 months. Whist in the stage, the client will be required to commence trading and meet a revenue threshold of at least R1 000 gross revenue per month before proceeding to the Incubation stage. To meet the threshold, SMEs will further be assisted with the following services at cost:
On completion of the Pre-Incubation Stage, the incubatee will be required to sign a Memorandum of Agreement (MoA). The client is expected to be in the incubation period for not more than three years. The following services will be provided to incubatees:
Chemin will in future provide training through the skills programme for chemical operations once it is accredited by CHIETA.
The client is expected to graduate from the incubator at least 3 years after signing the Pre-Incubation Agreement and becomes eligible for exit from the incubator (both on-site and virtual) when one or more of the following criteria are met: