Generic Business Incubation Model (Hump Diagram View) by Vasily Ryzhonkov (2013)
1. Generic Model Of Business Incubation Program (Hump Chart View)
Deal sourcing
(Ideas,
Entrepreneurs)
Ideation Training Assesment
Concept
and/or
Business
Model
Screening Early Stage ( < 1 year) Classic Incubation (1-2 years) Scaling-up Graduaton
SME
Diagnostics
& Training
SME
Consultations
Transition
VALIDATION (3-5 MONTHS) EFFICIENCY (5-6 MONTHS)
LATE STAGE
BUSINESS MODELLING
PROGRAM MANAGEMENT
SECRETARIAL SERVICE
INFRASTRUCTURE /
FACILITIES-BASED SERVICES
BUSINESS SERVICES AND
EXPERTISE
ACCESS TO FINANCE
NETWORKING / PEOPLE
CONNECTIVITY
ACCESS TO KNOWLEDGE /
TRAINING
SMEs ASSISTANCE
Business Incubation Blog http://worldbusinessincubation.wordpress.com, Author Ryzhonkov Vasily
SERVICES&PRACTICES
INPUTS / OUTCOMES / MILESTONES
INCUBATION STAGES
VENTURE LIFE CYCLE
FUNDING STAGES
STAGES
INCUBATION (2-3 YEARS)
SEED/ANGEL ROUND EARLY STAGE SERIES A ROUND & BEYOND/GROWTH STAGE
DISCOVERY (5-7 MONTHS) SCALE (7-9 MONTHS)
PRE-INCUBATION (3 - 6 MONTHS TO 1 YEAR) POST-INCUBATION
• Would-be Entrepreneurs Pool
• Pool of Business Ideas or Business
Proposals
• Number of Technologies
• Environmental factors (entrepreneurial
culture in a society, attitude towards
risk, cultural issues, socio-economic
factors)
INPUTS
• Capable and credible would-be entrepreneurs
• Viable Business Ideas and Recognized Opportunities
• Strategic/Crucial Potentially Viable Technologies
• Enabling Technologies (Incubator)
• Incubator Resources (physical facilities, management team, IT
resources, service providers),
• Demand for particular solutions/technologies/teams from
corporations, community, government
• Capital Sources
• Expert's Network Linkages & Strategic Alliances
• Dead/dying entrepreneurs, ideas, technologies
INPUTS / OUTCOMES
• Profitable, Credible Venture
• Credible and Efficient Team
• Successful Product or Service
• Technology Commercialization
• Entrepreneurial Culture inside BI
• Profits for Incubator
• Entrepreneur - Business Networks (Experts, VCs,
Mentors, Partners)
• Dead / dying entrepreneurs, ideas, technologies
• Incubator Resources (physical facilities, management
team, IT resources, service providers),
• Demand for particular solutions / technologies / teams
from corporations, community, government
• Capital Sources
• Expert's Network Linkages & Strategic Alliances
• Dead / dying entrepreneurs, ideas, technologies
INPUTS / OUTCOMES
• Mature profitable
companies
OUTCOMES