Incubation Center IoBM.

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Presentation transcript:

Incubation Center IoBM

To provide a facilitative environment for entrepreneurs to convert their ideas into profitable ventures Objective

Investment opportunities Facilities and services to be provided Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities

Investment opportunities Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities Live mentoring Each startup team to be assigned a mentor for 4 – 6 months (depending on incubation period). Mentor to spend an hour every week monitoring the progress and providing direction to the startups List of potential mentors Atif Iqbal Sadaffe Abid (Circle - women empowerment) Ayesha Fahad Harish Chander Varah Musavvir (Crafts and Art) Muntazir Haider Nadia Patel Gangjee (sheops - ecom) Umair Sani Omar Javaid Zeenat Saeed (Taneez) Karim (Bogo) Adil Moosajee (Ego) Adeel Durvesh Imran Moinuddin (Nexdegree) Shahjahan Chaudhary (IT and digital marketing) Syed Abdul Basit Moazzam Baig Shahrukh Chaudhary (deal today) Abid Beli Shoaib Iqbal (Sukoon.pk) Faisal Khan (Blockchain) Neelofer Saeed (Necos - Culinary)

Investment opportunities Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities Investment opportunities Incubator to be connected institutional (like 10xC) or private investors (people in the incubator’s board) Each startup having potential to grow will receive investment. Max Investment amount to be decided Stipend or interest free loan to meet the running expenses of potential startups List of potential board members: Nadeem Hussain Haroon Qasim Dr. Zaki Zain Bashir (Gul Ahmed) Azhar Rizvi Jehan Ara Dr. Farhan Essa Nazir Tunio Veqar Islam Azra Maqsood Tara Urwa Dawood Ayub Butt Humayon Bashir

Investment opportunities Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities Industry linkages Incubator will connect the startups with industry experts, customers, potential partners, investors, suppliers, vendors, 3rd party solution providers, and any other stakeholders. The board will be responsible for creating industry linkages for each startups. Meetups can be organized at the campus for that matter.

Investment opportunities Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities Training program Extensive 6 month customized training program for each startup for each stage of their startup. Including ideation, team building, resource acquisition, business model development, experimentation and market testing, registration and taxation, product launch, system development, achieving breakeven, growth, attracting investments and company valuation List of potential trainers Atif Iqbal Ayesha Fahad Harish Chander Umair Sani Syed Abdul Basit

Investment opportunities Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities Workshops Short sessions by industry experts on developing market trends List of potential speakers

Investment opportunities Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities Legal support A legal advisor (on call) will provide guidance to startups regarding company registration and taxation related issues. List of potential legal advisors

Investment opportunities Live mentoring Investment opportunities Industry linkages Training Program Workshops Design Labs Co working space Legal Support Photo Studio 3D printing Lab Other facilities Other facilities High speed internet connection Landline and fax Printing services Meeting and conference rooms with multimedia facility and conference calling Training rooms Separate rooms for matured startups Security clearance for employees Exhibition space

Incubation process: Induction Invitation to apply Qualifying criteria [evaluation sheet format] 6 month startup experience Potential of growth Team synergy Local/social relevance Soundness of business plan Pitching Presentation of business model/plan in front of a panel of judges Selection, induction and security clearance for all team members and employees [contract with the incubatees] Commencement of training of incubatees by dedicated mentors / trainers Follow up by mentors (progress report to be submitted every two weeks; lack of progress in 2 months will disqualify the startup) [report format) Meetups – linkages (recurring every month) Pitching to investors (twice: mockup and real time) Graduation