The following business incubation model presents the results of extensive analysis, study of startup trends, and application of specifics, unique to any BIC. We believe our model provides a complete incubation management & communications strategy which will culminate in highly successful results for your incubation center.
In order to make your BIC a success, we will surround you with an advisory board of credible people which will feature Pakistan’s top notch personalities, professionals, national leaders and entrepreneurs. This league of great minded people will not only guide the young entrepreneurs but they will also be mentoring the startup teams of your BIC.
Interactive workshop sessions always play a vital role in the entrepreneurial culture. Workshop is a place of discussion and practical work on a particular topic. The participants along with the trainer of that workshop share their knowledge and expertise related to that topic. The benefits of attending a workshop are networking, brainstorming, sharing ideas and possible solutions for a problem.
The entrepreneurs who are planning to run a Startup will need plenty of tips and advice. Attending an entrepreneur workshop is an excellent way to get the information you need in a creative environment. These workshops are usually conducted by successful people who have a vast professional and entrepreneurial experience.
Following workshops will be conducted for the incubatees on the following areas
A comprehensive and focused business plan format will be followed to develop a clear feasibility of the business within 1 month of the incubation. It will give the following basic information about the business
How the products/services would be sold (Marketing Channels & Budgets)
What skillsets would be required to run and grow this business?
When the business will get back the initial amount invested (Breakeven point)
Three months would be spend on prototyping or soft launch of the products and services. Soft launch is a process in which startup founder launches its business for a specific group of people or in a very specific market to authenticate the product and sales processes.
In this case a startup founder should develop the following mandatory items:
The start of a new venture is always a challenging process. The most critical aspect for any venture is capital. In order to start a new venture you will need outside funding from an investor who supports startup companies. Therefore, it is critical for an entrepreneur to be familiar with venture capital. SDI will help the entrepreneurs to become familiar with Venture Capital Funding and to connect them with renowned investors. The following aspects will be highlighted to the entrepreneurs.
In almost any kind of initiative, finding other groups and organizations with similar interests, that are willing to work with you on common issues or projects, is strategically advantageous. SDI will help your BIC in collaboration with other organizations.
"Ideas That Inspire" will be a 03-hour long mentoring session in which all participants will be divided into industries and assigned to each selected mentors. These sessions will prove to be highly interactive. The participants will be facilitated to ask specific sets of questions which they had in their minds. Moreover the mentors will also connect them with other senior entrepreneurs and CEOs.
Mentoring session will be conducted once in a month at your BIC. The mentoring sessions may be related to the following industries: