The Mongolian National Business Incubators Federation MNBIF together with Business Talent Women's Incubator BTWI have successfully conducted the first ever training for 42 business incubator managers in the country

The training program, that was taking place on 03 and 04 of December 2009, applied infoDev’s Incubation Toolkit with a translation in Mongolian language. Today in Mongolia, only 8 out of 21 provinces have business incubators. Therefore, one of the main objectives of the training program was to provide skills and tools on how to plan and start a business incubation program. The training also successfully adapted elements of infoDev’s Incubator Manager Training Program such as the “Financing Incubators and Incubator Clients” module and IFC’s SME Toolkit.

Training participants furthermore discussed the potentials of co-incubation by splitting into working groups and jointly elaborating the opportunities of collaboration.

Major outcomes of the training include the following recommendations:

• In addition to training services, a consulting team supporting the incubators will be set up.
• Additional training modules addressing clients will be developed.
• The BTWI incubator guidelines will be disseminated among other business incubators in the country.ICT capabilities and e-readiness of incubators will be strengthened. Focus will be on connectivity, incubator database and website development. MNBIF will support incubators in Mongolia to strengthen their ICT capabilities.
• Awareness and understanding on business incubation in the different regions of Mongolia will be fostered by effective public relations such as newsletters and articles in mass media on regional levels.
• An incubator client needs survey will be conducted by rural incubators in Mongolia.
• MNBIF will develop quality standards for Mongolian business incubators.