There is no set rule or recipe of investment. A six month project costing estimated $100,000 could mean $50,000 investment in development and other areas where needed.
Technology Incubator
Do what is important, build your business. We got your back.
Incubation Process
If you have your technology idea that you want to take flight. Here is how we do it.
Screening
Application Form
Due to large volume of business ideas, we need a way to find we could work through your plan. To do that, we have a few simple questions to screen the ventures to make sure we are on the same page. All we need is your contact details and some ideas about your project size, which stage you are in and where you need help with. If you get past our screening, we will send a format where you would have to prepare your materials for the next stage. We would ask for 'Value Proposition Canvas' at the very least.
Idea Pitch Day
Where it All Begins
You need to gather all your documents, presentations, business plan to pitch your idea. However, we understand that it may not be always possible to produce all these heavy documents at the beginning of your idea. So, you could just talk to us. We will schedule a day where you can pitch your idea in-front of a panel or online due to COVID19 situation. This is where we will try to understand what you are trying to go and how we could help.
The Deal Discussion
Our Opportunity to Present a Plan
We will get back with a plan in light of what you are trying to achieve. This plan will outline what we can contribute to and how much we can at what capacity. We may discuss many different tools to help you succeed.
Deal Signing
Milestones Setup & Start
Here comes the most important piece where we would finalize the important milestones of the project that would outline the goals and deliverables of when to expect what. We would exchange some contracts.
FAQ
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What does an ideal project investment look like?
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How much steak are we talking about?
It all depends on valuation and understanding of the project. All we can say is we can work through almost any scenarios. We could take equity, royalty, deferred payments, RSU, or any terms that fit your business. More flexible than an other incubators out there.
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What industries do you cover?
We would be happy to cover any industry. However, it has to be software project. We don't do IoT, mechanical, robotics and other projects outside of software development. However, stay tuned for our future initiatives around IoT.
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Do you provide office space?
The world is global now. So, location is not important. In light of that, we don't provide office space. However, we may discuss an office space as part of the package which we will plan out together.