Generic Business Incubation Model (Hump Diagram View) by Vasily Ryzhonkov (2013)

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Generic Business Incubation Model (Hump Diagram View) by Vasily Ryzhonkov (2013)

  1. 1. Generic Model Of Business Incubation Program (Hump Chart View)Deal sourcing(Ideas,Entrepreneurs)Ideation Training AssesmentConceptand/orBusinessModelScreening Early Stage ( < 1 year) Classic Incubation (1-2 years) Scaling-up GraduatonSMEDiagnostics& TrainingSMEConsultationsTransitionVALIDATION (3-5 MONTHS) EFFICIENCY (5-6 MONTHS)LATE STAGEBUSINESS MODELLINGPROGRAM MANAGEMENTSECRETARIAL SERVICEINFRASTRUCTURE /FACILITIES-BASED SERVICESBUSINESS SERVICES ANDEXPERTISEACCESS TO FINANCENETWORKING / PEOPLECONNECTIVITYACCESS TO KNOWLEDGE /TRAININGSMEs ASSISTANCEBusiness Incubation Blog http://worldbusinessincubation.wordpress.com, Author Ryzhonkov VasilySERVICES&PRACTICESINPUTS / OUTCOMES / MILESTONESINCUBATION STAGESVENTURE LIFE CYCLEFUNDING STAGESSTAGESINCUBATION (2-3 YEARS)SEED/ANGEL ROUND EARLY STAGE SERIES A ROUND & BEYOND/GROWTH STAGEDISCOVERY (5-7 MONTHS) SCALE (7-9 MONTHS)PRE-INCUBATION (3 - 6 MONTHS TO 1 YEAR) POST-INCUBATION• Would-be Entrepreneurs Pool• Pool of Business Ideas or BusinessProposals• Number of Technologies• Environmental factors (entrepreneurialculture in a society, attitude towardsrisk, cultural issues, socio-economicfactors)INPUTS• Capable and credible would-be entrepreneurs• Viable Business Ideas and Recognized Opportunities• Strategic/Crucial Potentially Viable Technologies• Enabling Technologies (Incubator)• Incubator Resources (physical facilities, management team, ITresources, service providers),• Demand for particular solutions/technologies/teams fromcorporations, community, government• Capital Sources• Experts Network Linkages & Strategic Alliances• Dead/dying entrepreneurs, ideas, technologiesINPUTS / OUTCOMES• Profitable, Credible Venture• Credible and Efficient Team• Successful Product or Service• Technology Commercialization• Entrepreneurial Culture inside BI• Profits for Incubator• Entrepreneur - Business Networks (Experts, VCs,Mentors, Partners)• Dead / dying entrepreneurs, ideas, technologies• Incubator Resources (physical facilities, managementteam, IT resources, service providers),• Demand for particular solutions / technologies / teamsfrom corporations, community, government• Capital Sources• Experts Network Linkages & Strategic Alliances• Dead / dying entrepreneurs, ideas, technologiesINPUTS / OUTCOMES• Mature profitablecompaniesOUTCOMES

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