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Incubation has
Incentives
All you should know about
Incubation and its Benefits!
The startup scene in India is on a rise like
never before.
● In order to build a solid and
sustainable business foundation, one
needs expert guidance and hand
holding. In the start up world we call
them incubators and the process is
called INCUBATION
● Incubators serve as a great platform
for that much-needed support and a
push to build a solid foundation & have
an answer to your initial problems
THE START UP SCENE IN INDIA
3
WHO ARE INCUBATORS ?
Business incubators are assistance programs
that provide entrepreneurs with a conducive,
cost-effective start-up environment and a
plethora of required services.
“An incubator usually houses about a dozen
tenants, who stay two to three years, then
'graduate' to commercial space. At their best,
incubators help new firms create jobs and revive
communities."
4
DIFFERENCE BETWEEN INCUBATORS & ACCELERATORS:
People confuse between incubators and
accelerators but there is a clear difference:
● Incubators help in sprouting and
germination of start up ideas and thought
process.
● Accelerators help to accelerate the speed of
your business. They help you scale up, hone
an idea and build a product
5
HOW DOES AN INCUBATOR ADD VALUE?
Strengths of incubators include the following
plus factors:
REDUCTION IN OPERATING COSTS:
● In an incubation environment the entire
overhead costs that include food, utilities,
office equipment, meeting rooms,
laboratories is shared by all.
● This allows the entrepreneur to take control
of his initial costs which otherwise can eat
into the profits and earnings in the beginning.
6
HOW DOES AN INCUBATOR ADD VALUE?
CONSULTING AND ADMINISTRATIVE
SUPPORT:
● Incubator managers provide wonderful
insights and information on a broad
spectrum of business issues
● People involved in such programmes are
knowledgeable and experienced hence their
guidance is priceless to new business
owners.
7
HOW DOES AN INCUBATOR ADD VALUE?
ACCESS TO CAPITAL
● Many incubators provide the business
owners an access to the easy-stage
capital which is a much required resource.
● Lending a hand at this stage of business
is sometimes important for the emerging
businesses.
8
HOW DOES AN INCUBATOR ADD VALUE?
THE COMMUNITY FEELING:
● The gathering of entrepreneurs under a
common roof is a great feeling where they
grow together and provide encouragement to
each other
● Knowledge sharing, networking and providing
motivational support amongst fellow
entrepreneurs, are one of the many perks of
the incubation environment
9
HOW TO CHOOSE AN INCUBATOR?
● RESEARCH & ANALYSIS:
Incubator programs when it comes to industry and
expertise required, services offered and the
mentoring that helps one sail across. Hence a
deep research and analysis while choosing your
mentor really helps.
● CHOOSE YOUR MENTOR WISELY:
Make a list of your business requirements,
strength, weakness and the kind of support you
would require. Accordingly, approach people and
see their capabilities which should align with your
needs.
10
HOW TO CHOOSE AN INCUBATOR?
● BE CLEAR WITH YOUR IDEA:
Incubators are selective. They always hunt for a good concept
and innovative ideas. Your business idea and plan should be
viable enough to catch their attention and interest. A strong
team and a great track record is a plus point.
● NETWORK MATTERS:
In a startup environment, the network is gold and references
matter. A right connection can propel your entry into an
incubator.
Keep looking at people in your network. A founder who has
successfully been a part of an incubation management
process can be a blessing
REVA NEST : INCUBATION PROGRAM AT REVA
● Institute Innovation Council IIC MHRD ratings for the
year 2020. REVA NEST by REVA University stands
proud amongst the Top 5 Universities in South (SWRO
Zone) & attains 125th rank across India.
● REVA NEST collaborates with Cisco ‘thingQbator’
program a CSR initiative of Cisco in partnership with
NASSCOM Foundation to enable enterprising
students to work on their own innovative ideas and
build scalable solutions with financial support.
● Entered into the new sector of start-ups initiation in
the field of life sciences – REVA Bio Incubation Center
11
REVA NEST : INCUBATION PROGRAM AT REVA
● REVA NEST awarded “start-up Project of the year”,
at Global education Skills MSME and
Entrepreneurship Summit Leadership Award 2020
● REVA NEST incubates raised 1Cr funds from K-tech
innovation Hub, Government of Karnataka,
Bangalore
● Alumni start-ups are encouraged and 20+ Startups
registered under the REVA NEST Technology
Business Incubation till now.
● Industry collaboration with LG Soft India Pvt Ltd for
the incubation program
● Came up with 20+ Innovative Prototypes during
lockdown period
12
Incubation has Incentives- All you should know about Incubation and its benefits!

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Incubation has Incentives- All you should know about Incubation and its benefits!

  • 1. Incubation has Incentives All you should know about Incubation and its Benefits!
  • 2. The startup scene in India is on a rise like never before. ● In order to build a solid and sustainable business foundation, one needs expert guidance and hand holding. In the start up world we call them incubators and the process is called INCUBATION ● Incubators serve as a great platform for that much-needed support and a push to build a solid foundation & have an answer to your initial problems THE START UP SCENE IN INDIA
  • 3. 3 WHO ARE INCUBATORS ? Business incubators are assistance programs that provide entrepreneurs with a conducive, cost-effective start-up environment and a plethora of required services. “An incubator usually houses about a dozen tenants, who stay two to three years, then 'graduate' to commercial space. At their best, incubators help new firms create jobs and revive communities."
  • 4. 4 DIFFERENCE BETWEEN INCUBATORS & ACCELERATORS: People confuse between incubators and accelerators but there is a clear difference: ● Incubators help in sprouting and germination of start up ideas and thought process. ● Accelerators help to accelerate the speed of your business. They help you scale up, hone an idea and build a product
  • 5. 5 HOW DOES AN INCUBATOR ADD VALUE? Strengths of incubators include the following plus factors: REDUCTION IN OPERATING COSTS: ● In an incubation environment the entire overhead costs that include food, utilities, office equipment, meeting rooms, laboratories is shared by all. ● This allows the entrepreneur to take control of his initial costs which otherwise can eat into the profits and earnings in the beginning.
  • 6. 6 HOW DOES AN INCUBATOR ADD VALUE? CONSULTING AND ADMINISTRATIVE SUPPORT: ● Incubator managers provide wonderful insights and information on a broad spectrum of business issues ● People involved in such programmes are knowledgeable and experienced hence their guidance is priceless to new business owners.
  • 7. 7 HOW DOES AN INCUBATOR ADD VALUE? ACCESS TO CAPITAL ● Many incubators provide the business owners an access to the easy-stage capital which is a much required resource. ● Lending a hand at this stage of business is sometimes important for the emerging businesses.
  • 8. 8 HOW DOES AN INCUBATOR ADD VALUE? THE COMMUNITY FEELING: ● The gathering of entrepreneurs under a common roof is a great feeling where they grow together and provide encouragement to each other ● Knowledge sharing, networking and providing motivational support amongst fellow entrepreneurs, are one of the many perks of the incubation environment
  • 9. 9 HOW TO CHOOSE AN INCUBATOR? ● RESEARCH & ANALYSIS: Incubator programs when it comes to industry and expertise required, services offered and the mentoring that helps one sail across. Hence a deep research and analysis while choosing your mentor really helps. ● CHOOSE YOUR MENTOR WISELY: Make a list of your business requirements, strength, weakness and the kind of support you would require. Accordingly, approach people and see their capabilities which should align with your needs.
  • 10. 10 HOW TO CHOOSE AN INCUBATOR? ● BE CLEAR WITH YOUR IDEA: Incubators are selective. They always hunt for a good concept and innovative ideas. Your business idea and plan should be viable enough to catch their attention and interest. A strong team and a great track record is a plus point. ● NETWORK MATTERS: In a startup environment, the network is gold and references matter. A right connection can propel your entry into an incubator. Keep looking at people in your network. A founder who has successfully been a part of an incubation management process can be a blessing
  • 11. REVA NEST : INCUBATION PROGRAM AT REVA ● Institute Innovation Council IIC MHRD ratings for the year 2020. REVA NEST by REVA University stands proud amongst the Top 5 Universities in South (SWRO Zone) & attains 125th rank across India. ● REVA NEST collaborates with Cisco ‘thingQbator’ program a CSR initiative of Cisco in partnership with NASSCOM Foundation to enable enterprising students to work on their own innovative ideas and build scalable solutions with financial support. ● Entered into the new sector of start-ups initiation in the field of life sciences – REVA Bio Incubation Center 11
  • 12. REVA NEST : INCUBATION PROGRAM AT REVA ● REVA NEST awarded “start-up Project of the year”, at Global education Skills MSME and Entrepreneurship Summit Leadership Award 2020 ● REVA NEST incubates raised 1Cr funds from K-tech innovation Hub, Government of Karnataka, Bangalore ● Alumni start-ups are encouraged and 20+ Startups registered under the REVA NEST Technology Business Incubation till now. ● Industry collaboration with LG Soft India Pvt Ltd for the incubation program ● Came up with 20+ Innovative Prototypes during lockdown period 12