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Who am I?




Brian L. Shields

Co-Founder
@IncubateNYC (www.incubatenyc.org)

I secretly love that chicken from Popeye’s




                                             2
A Short Story




Once upon a time, I had an idea for a great
product that could create a real business…




                                              3
First, I Turned to “Accelerators”


                                    Acceptance Rate

                                         3%


                                         2%




                                         1%


                                                      4
Then, I Looked Into “Incubators”




     Had to quit my job though I wasn’t ready

       Was limited to people who could fit in
                       space

        Focused on later stage companies
                                                5
Finally I Looked at “Programs”




                                 <40% Graduation Rate
 Business Plan Only
                                  > $1,000 course fee



                                                        6
Now What?



            7
IncubateNYC: Rethinking Incubation

We decided to create our own incubation
program!

•   A New Venture Bootcamp teaches you how to build a
    business that can make money from Day 1

•   Any first time entrepreneur can join

•   Provides a space to work on your business until you are
    ready to quit your job




                                                              8
Why does this Matter?




Innovation starts by solving personal problems




  If you have a problem and can’t find a great
           solution for it…CREATE IT



                                                 9

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Harlem Business Alliance Presentation

  • 1.
  • 2. Who am I? Brian L. Shields Co-Founder @IncubateNYC (www.incubatenyc.org) I secretly love that chicken from Popeye’s 2
  • 3. A Short Story Once upon a time, I had an idea for a great product that could create a real business… 3
  • 4. First, I Turned to “Accelerators” Acceptance Rate 3% 2% 1% 4
  • 5. Then, I Looked Into “Incubators” Had to quit my job though I wasn’t ready Was limited to people who could fit in space Focused on later stage companies 5
  • 6. Finally I Looked at “Programs” <40% Graduation Rate Business Plan Only > $1,000 course fee 6
  • 8. IncubateNYC: Rethinking Incubation We decided to create our own incubation program! • A New Venture Bootcamp teaches you how to build a business that can make money from Day 1 • Any first time entrepreneur can join • Provides a space to work on your business until you are ready to quit your job 8
  • 9. Why does this Matter? Innovation starts by solving personal problems If you have a problem and can’t find a great solution for it…CREATE IT 9