The 1m/1m incubator-in-a-box is a scalable corporate incubation program designed to foster intrapreneurship and internal innovation within organizations. It offers a structured framework that includes online curriculum, mentoring, and contests to engage employees while maintaining a cultural shift towards innovation. Corporations can invest in projects, and all intellectual property remains with them, while participation fees support the program's financial sustainability.

1. 1M/1M Incubator-in-a-Box
for Internal Innovation & Intrapreneurship
Sramana Mitra
CEO, 1M/1M

2. Mission
• Offer a scalable corporate incubation
program that can help corporations groom
Intrapreneurs globally
• And establish a sustainable culture of
internal innovation

3. Observation
• Many companies are offering 10-20%
flexible time to employees to engage in
experimental activities
• However, they do not want this time to be
completely unstructured
• 1M/1M provides structure to the
unstructured process of corporate
incubation

4. Framework
• The 1M/1M Incubator-in-a-Box offers an
affordable, easy-to-implement, easy-to-scale
virtual methodology
• Includes online curriculum, weekly
mentoring roundtables, and connecting of
the dots
• $1000 annual membership fee per
Intrapreneur (team)

5. Philosophy
• Case study based learning
• Inclusive, not exclusive
• Draw inspiration from the global 1M/1M
community of entrepreneurs
• Moderated, methodology based

6. Best Practices

7. Broad Cultural Shift
• Incorporate weekly FREE Online Public
Roundtables to the calendar
• Encourage people to attend to get “in the
mood” of innovation and entrepreneurship

8. Run Contest
• Make it high visibility
• Encourage everyone in the group to
participate, form teams, apply
• Winners get 1M/1M scholarships to gain
access to a formal incubation program
• Repeat the contests every quarter to keep
the excitement alive

9. Incubatees
• Must use their 10-20% “innovation time” to
• Master the curriculum
• Attend weekly private roundtables
• Pitch at the roundtables and get feedback
• Follow the methodology to get their
product to market

10. Additional Outcomes
• Corporation may
• Invest
• Spin-out
• Enhance an existing product
• Based on projects in the incubation
program

11. Intellectual Property
• All IP belongs to the corporation

12. Privacy &
Confidentiality
• The goal of the program is scalability,
including financial
• Hence, we trade off 1-on-1 mentoring in
favor of group roundtables
• Corporations can access ‘custom’ or
‘private’ mentoring sessions at $750/hour

13. Financials
• To engage 1000 people
• 10 Scholarships per quarter = $10k
• 40 Scholarships per year = $40k
• Plus, 1-2 Manager Account = $1k-2k

14. Financials
• To engage 5000 people
• 50 Scholarships per quarter = $50k
• 200 Scholarships per year = $200k
• Plus, 5-10 Manager Accounts = $5k-$10k

15. Outcome: Create a thriving,
high energy, learning organization
that is excited about
entrepreneurship and innovation