24. Business Incubator Business incubators are organizations that support the entrepreneurial process, helping to increase survival rates for innovative startup companies. Physical Virtual
25. PREMISES BUSINESS SERVICES MENTORING SEED FUNDING THE CONCEPT CONSULTANCIES AN EXCELLENT HI-TECH BUSINESS ENVIRONMENT
26. Incubation Process Discovery Pre-Incubation Incubation Acceleration Business Development Road-map Assessment of business idea feasibility 0…4 months 12…24 months 6..12 months Start-up planning and preparation Creation of a solid business platform for business growth Preparation for acceleration and internationalization Toward Growth Track Business Ramp-Up Business Plan Evaluation Pre-Incubation and Kick-off Services Incubation Contract Feasibility Studies Incubation Services FAST TRACK FAST TRACK
27. Discovery Pre-Incubation Incubation Acceleration Identification Funding Financial Services Feasibility Studies Mentoring Services / Match Making / Monitoring Facility / Infrastructure Softwares / Business Tools Networking Services / Consulting services Entrepreneurial Training, workshop, Seminars Operation support After Exit support Incubation Services Business Plan Development & Expert Services (Legal, Marketing, IPR etc.) EAC BP Competition
30. LEVEL 1 Entrepreneurs Statistics So far 49% of the promoters have technical qualification (B.Tech / M.Tech) and 80% are either technically qualified or have an MBA. AGE WISE WORK EXPERIENCE QUALIFICATION More engineers are opting for entrepreneurship sacrificing higher salaries in an employed job