As an entrepreneur, what do I need from an incubator?
Of late, there has been a lot of discussion in this forum about incubators, what measures they use for their own success, their business models, and so forth. In this post I discuss five things that I, as an entrepreneur, need from an incubator.
I fully understand that there are incubators sponsored by a state, county, or city, sponsored by a university or a country, or that non-profit or for-profit. In this case, I am only talking about a for-profit incubator that does not take any subsidy from any government or university. Its sole agenda is to enable the companies that it incubates become “successful.”
By an incubator’s success I mean precisely this: to enable the incubated company raise enough money either from organic growth or by raising additional investment monies from angels or venture capitalists to move out of the incubator. I also define an incubator is some entity that helps an entrepreneur or a team to develop a business out of ideas on paper and then send it out to face the world on its own.
To read the full, original article click on this link: What Do I Need From An Incubator? | Sramana Mitra on Strategy
Author: Nari Kannan