From the UBI Index Webinar on Feb 27th - Best Practices of Top University Business Incubators.
Co-founder and author, Dhruv Bhatli - UBI Index, shares the secrets from the best incubation programs in the world!
* How to successfully run and manage an incubator
* How to have a successful business model
* How to have a sustainable revenue stream
* How to get maximum value from limited operational budgets
* How to attract deal flow and talent
* How to screen and select great startup clients
Visit ubiindex.com to learn more!
2. UBI Index
Benchmarking Incubation Globally
Working with the world’s most
comprehensive global benchmark of top
performing business incubation
programs
The organization is based in Stockholm,
Sweden, with an international research
team specialized in incubation
benchmarking
4. Dhruv Bhatli
Author, Co-Founder
Dhruv is the Author of 'Best Practices at Top
University Business Incubator'. He spearheads the
product development and research at UBI Index.
dhruv@ubiindex.com
5. AGENDA
ubiindex.com
How to have a successful business model?
How to get maximum value from limited operational budgets?
How to successfully run and manage an incubator?
How to attract deal flow and talent?
6. SUCCESSFUL BUSINESS MODEL
ubiindex.com
Understand the context of your incubator in the ecosystem
Have the mandate and the objectives aligned with your context
Generate your own commercial revenue
Space rental model
Service fee model
Corporate sponsorship model
Equity option model
Don’t rely only on public funding
.. and build your business model around your functional strengths!
7. BEST PRACTICES
Run the incubator like a startup – lean operations for e.g.
Be aware of the expectation from different stakeholders
Be contemporary, fresh and relevant in the ecosystem
Identify your short term goals and long term objectives
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8. OPERATIONAL BUDGETS
Generally broken down into these parts
Salaries and HR costs
Infrastructure
Events & marketing activities
Spend majority on salaries and HR
Quality of HR affects the success of the clients startups
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9. BEST PRACTICES
Behave in a frugal manner
Be conscious and choosy!
You can find free resources everywhere!
Link the budget to your success factors and the mission
All your spending is then aligned to your objectives
Invest money in engaging with the community
Diversify your revenue stream
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10. RUN & MANAGE A SUCCESSFUL INCUBATOR
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Have a stable and viable business model
Effectively manage the deal flow and the pipeline of the incubator
Have a clear positioning and branding in the ecosystem
Keep the entrepreneurs in center when designing entrepreneurship
education
Be relevant for both internal and external ecosystems
11. DEAL FLOWS & TALENTS
Organize events and field work to expand the network
Establish relationships with sources of entrepreneur
Get referred by the alumni network
Have a clear position in the ecosystem
Communicate the success stories effectively
Engage the investing community actively
Be relevant in the ecosystem
ubiindex.com
12. LEARN FROM THE BEST!
A unique chance to discover top performing
incubators globally from the inside. Through 12 indepth cases you’ll learn the secrets of top university
business incubators.
AMERICAS
Rice Alliance for Technology and Entrepreneurship, USA
Sid Martin Biotechnology Incubator, USA
TEC Edmonton, Canada
VentureLab, USA
Free sneak peek available
LINK
EUROPE
NDRC, Ireland
SETsquared, United Kingdom
Startup Sauna, Finland
STING, Sweden
OTHERS
ATP Innovations, Australia
Innovation Centre Sunshine Coast, Australia
NUS Enterprise Incubator, Singapore
StarTau, Israel
ubiindex.com
13. Thank You – Merci
Dhruv Bhatli
Author, Co-Founder
dhruv@ubiindex.com