Introduction to  Business Incubation Professor K Ramachandran Indian School of Business Gachibowli, Hyderabad
Low  Criticality High Criticality High Discontent Low Discontent What is a good opportunity
Market opportunity Financial Attractiveness Strategy (source, cost, availability, adequacy) Marketing Attractiveness Strat...
Motivaton Attitude Opportunity Idea Planning Start - up Growth Stabilisation FLC and Capability mix    at different stages...
Labs / Incubators Need Capabilities <ul><li>Business Attitude </li></ul><ul><li>Business Skills </li></ul><ul><li>Business...
Mentoring Start ups <ul><li>What are the challenges faced by start ups? </li></ul><ul><ul><li>Emotional traumas </li></ul>...
ISB K-Hub – Creating entrepreneurial successes Seed Finance through Germination Fund Develop/ Build Business Strategy Enha...
ISB K-Hub Client entry and progress Referrals from Technology centres Venture capitalists Network partners Direct from Ent...
Key Capabilities <ul><li>Attitude – Listen, help, stretch, think creatively and positively, flexibility, learning, empathy...
Incubator - evolution 1970s 1980s 1990s 2000s Industrial  Estates Industrial  Estates STEPs Industrial  Estates Industrial...
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April 8 icrisat

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April 8 icrisat

  1. 1. Introduction to Business Incubation Professor K Ramachandran Indian School of Business Gachibowli, Hyderabad
  2. 2. Low Criticality High Criticality High Discontent Low Discontent What is a good opportunity
  3. 3. Market opportunity Financial Attractiveness Strategy (source, cost, availability, adequacy) Marketing Attractiveness Strategy (size, Entry, Sustenance) Entrepreneurial Capability Strategy (Attitude, Skills, Knowledge pool/network – individual/group) Technical Attractiveness Strategy (Existing/new technology and products/services)
  4. 4. Motivaton Attitude Opportunity Idea Planning Start - up Growth Stabilisation FLC and Capability mix at different stages t $ S W O T
  5. 5. Labs / Incubators Need Capabilities <ul><li>Business Attitude </li></ul><ul><li>Business Skills </li></ul><ul><li>Business Knowledge </li></ul><ul><li>Mentoring </li></ul><ul><li>Funds to experiment, learn, improve </li></ul><ul><li>Facilities </li></ul><ul><li>Dynamic contact network </li></ul>
  6. 6. Mentoring Start ups <ul><li>What are the challenges faced by start ups? </li></ul><ul><ul><li>Emotional traumas </li></ul></ul><ul><ul><li>Lack of knowledge in a number of non-technical but critical areas </li></ul></ul><ul><ul><li>Resource shortage </li></ul></ul><ul><ul><li>Ability to execute </li></ul></ul>
  7. 7. ISB K-Hub – Creating entrepreneurial successes Seed Finance through Germination Fund Develop/ Build Business Strategy Enhance Entrepreneurial Capability Access/ Refine Technology ISB K - Hub Firm Firm success Right product-market choice Right strategies Right mix of resources Knowledge and access to resource providers
  8. 8. ISB K-Hub Client entry and progress Referrals from Technology centres Venture capitalists Network partners Direct from Entrepreneurs Incubation Mentoring Advisory Support External Network Partners Evaluation ISB K - Hub BDS Providers Universities R&D Centres Incubators VCs Mentors Angels Consultants ISB Internal K-Hub Staff Student teams Academics
  9. 9. Key Capabilities <ul><li>Attitude – Listen, help, stretch, think creatively and positively, flexibility, learning, empathy </li></ul><ul><li>Skills – Communication, diagnostic, problem solving </li></ul><ul><li>Knowledge – General Practioner of technology and management </li></ul><ul><li>Common sense </li></ul>
  10. 10. Incubator - evolution 1970s 1980s 1990s 2000s Industrial Estates Industrial Estates STEPs Industrial Estates Industrial Estates STEPs STEPs TBIs/ Specialised Incubators TBIs/ Specialised Incubators Virtual Incubators
  11. 11. Thank You

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