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Sente Ventures Incubation Process Overview (English)
Sente Ventures Incubation Process Overview (English)
Sente Ventures Incubation Process Overview (English)
Sente Ventures Incubation Process Overview (English)
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Sente Ventures Incubation Process Overview (English)

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  • 1. INCUBATION PROCESS
  • 2. HIGH-LEVELThe long-term success of a start-up depends on its successful transition through keyphases and raising required funding along the way Key Process Elements Success Criteria • Official application and evaluation • Select few that fits the focus of the programApplication • Once every three months • Consider University or Ecosystem strengths • Maximum 10 start-ups are selected • Clear communication of the expectations • Training • Full time attendanceIncubation • Business Model Evaluation • Project Management Rigor • Customer Development Plan Phase • Preparation for the “Pitch” • Hands on and diverse mentor base Customer • Concept Test • Customer Development • Successful graduates get $25,000 seed funding Dev. & • Operational Execution • Failed firms can apply again 1 year later Funding • “The Pitch” to investors2 | Accelerator Process | November 2012 | Confidential | © 2012 Sente Advisory Services, LLC. All Rights Reserved.
  • 3. 3-MONTH INCUBATION PROCESS Training Preparing for the “Pitch” VC Financing Business Concept Solution Competition Pitch Model Business Model Plan Define the Define the What other How the Prepare the Customer problem and its solution, how solutions or company “Pitch” and Development size, potential it is different substitutes are intends to refine, and beneficiaries than the out there, what make money, refine, and Operational (size of the available their business which channels refine. Planning market), substitutes, model looks and partners prepare for why the team like, what their will be utilized, Hiring Planning test, prepare is in the best strengths and and how it the position to weaknesses should presentation to make it a are organize its VCs success operations and cost structure ½ day 2 weeks 2 weeks 1 week 2 weeks 5 weeks3 | Accelerator Process | November 2012 | Confidential | © 2012 Sente Advisory Services, LLC. All Rights Reserved.
  • 4. DISCLAIMERThe information presented in this document is for informational purposes only and may contain technical inaccuracies,omissions and typographical errors.© 2012 Sente Advisory Services, LLC All rights reserved.4 | Accelerator Process | November 2012 | Confidential | © 2012 Sente Advisory Services, LLC. All Rights Reserved.

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