Many technology companies are looking for effective models for running their own incubators to foster internal innovation within their organizations. Effectively, they want to cultivate intrapreneurship, find new ideas and entrepreneurial employees to nurture, encourage, and empower. 1M/1M works with companies to incubate their intrapreneurs. How? Find out more: http://bit.ly/1aJ1v9T 1M/1M’s Incubator-in-a-Box offering can rapidly put in place an active internal incubator for any corporation.

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