How To Start A Business Incubator?

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Business Incubator

Business incubators are organizations geared toward speeding up the growth and
success of startup and early stage companies. They’re often a good path to capital
from angel investors, state governments, economic-development coalitions and
other investors.

How to start a Business Incubator?


 Assess the market conditions and entrepreneurs requirements. ...
 Identify team and service providers. ...
 Arrange for resources. ...
 Establish industry linkages. ...
 Draw out a calendar of activities. ...
 Attract, select, retain and manage startups.

ACCORDING TO,
NATIONAL BUSINESS INCUBATION ASSOCIATION
(NBIA)
The national business incubation association (NBIA) defines business incubator as a
catalyst tool for either regional or national economic development.

There are 5 types of incubators


1. Academic institutions
2. Non-profit development corporations
3. For-profit property development ventures
4. Ventures capital firms
5. Combination of the above

To take advantage
Step-1
PITCH AND JOIN:
Find for incubator and see the best time to approach.

Now,

(Get and Give)$

(Get Advisory and Give) $


Hit Mile Stone,
To analyses are you going in a right direction or not.

(Be aware and analyze at last you move forward)

Most important things we should know:

While graduating try to take first round of funding.

Secondly, understand the difference between Angel Investor and Incubator.

Difference between Angel Investor and Business Incubator.


Angel Investor Business Incubator
Angel investors are wealthy individual or group of A business Incubator is a company that helps new

individuals who invest money or equity financing and startup companies to develop by providing

in start-up or early-stage small businesses they services such as management training or office

are investors who usually provide provide private space.

equity or second or second round funding for Basically, $$$

growing, small profitable businesses who need They help new startup to perform better and

money to continue to grow. grow better with the help of knowledge and

experience. With a Brand name.

 There are so many government incubator available in basic amount.


 To provide advisory and resources

Find an incubator who is in a particular Niche for the best support.

Consider the Financial Structure of an incubator

Knowledge $
Most of the incubators are structure to get you to a point of formal funding. It totally depends upon
there deal.
Accerelator
A business accelerator is program that gives developing companies access ti mentorship, investors and
other support that help them become stable, self-sufficient business. Companies that use accelerators
are typically start-ups that have move beyond the earliest stages of getting established.

IDEA + ENTREPRENEURSHIP + INCUBATOR = GREAT BUSINESS

Incubator Pros
1. Mentorship ti avoid mistakes
2. Easy of funding
3. Valuable network and connection’s
4. They provide several services such as:
 Help with the business basic.
 Networking activities.
 Marketing assistance.
 Market research.
 High speed internet.
 Help with accounting/financial management.
 Access to bank loans, loan fund and guarantee programs.
 Help in presentation skills
 Links to higher education resources
 Links to strategic partners
 Access to angel investors or venture capital
 Comprehensive business training programs
 Management team identification
 Help with business etiquette
 Technology commercialization assistance
 Help with regulatory compliance
 Intellectual property management

Con’s
1. Extremely competitive hard to get into
2. Your schedule revolves around the mentors
3. You have to take other opinions and input

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