Incubator 2.0 – for Next Generation Startups

Our Services

Startups require good mentors and access to capital. At the ‘incubator 2.0’ we would like to address most of these requirements, give a start-up to choose what help they would require, and when, in their evolution to become successful.

Today, missing Technology skills provides the killer

edge for success. Most start-ups begin with a base

(Version 0) code, building a Minimum Viable Product

demo (MVP Version 1), and upon its success to go

live with their first production version (Version 2)

and beyond to scale and deploy. The technology

skills required to engage and deliver across the

various versions are different. Most of the help

required ranges from resource identification, team

building and motivation, project management, delivery

and coding excellence, UX and testing the products,

milestone planning, build, deploy and finally releasing

it live.

Execution Model

We will provide

  • A temporary fulfilment of this critical role within your organization on a contract basis, until a suitable full-time employee can be located, hired and trained to take over;

  • Provide a sounding board to the founders, for technology objective insights and advise.

  • Review your project regularly, together we focus and scope your project

  • Assist on a periodic basis, to update or revise your strategy and plans, and consult with you on a deal-specific basis, like team expansions, hiring, strategic investment or other business critical decision points.

  • We help the startup team build a minimum viable product and rapidly get it to market to test their hypotheses at minimum cost.

Engagement Tiers
Tier 1 – ‘You Have just an idea’

 

The engagement time is around 2 weeks with company founders.

Operating Model - Advisory

  1. Review of ‘idea’ from a concept perspective. Feasibility, potential pitfalls, technical challenges to implement the offerings, uniqueness of the solution, operating market, nature of solutions (ie enterprise vs consumer) and revenue models and exit options.

  2. Assistance with fine-tuning the ‘elevator-pitch’ 2 minute overview of the idea, and a 30 minute detailed presentation of the idea.

  3. Assist with developing cost and revenue models with 3-5 year projections.

Tier 2 – ‘The idea has been validated’

 

The engagement time up to 6 months with founders and team to build MVP or Version 1.

Operating model - “Advisory, Mentorship, Active review and Planning for MVP”.

  1. Approve the already ‘validated idea’ based on tier 1 model.

  2. Work out detailed plans for technical implementations, which may require building either a prototype as JPGs or wire-frames, or a completely working prototype.  Help with guidance for UX and overall plan.

  3. If the start-up has no team, only founders, help with team structure with definitions for roles and responsibilities, and assist with resume filtering and candidate identification with interview for fitment. A co-founder or CXO positions fulfillment can also be done. No assistance to provide resources, names or resumes will be under taken.

  4. Technical assistance with defining the ‘working prototype’ as required by the founders. Technology platform selections including mobile, cloud or other technical platforms with base data identifications.

  5. If the start-up wants to ‘outsource’ the work to build the prototype, provide help with interviewing the potential outsourcing partner and assist the team with closure of the work with cost model.

  6. Provide space to sit for the team and founders for the period of engagement in a ‘start-up centre’ if the startup prefers to develop the solution internally. A partnership with a co-working company can be provided.

  7. Review the technical development, project plan and participate in meetings/calls with founders/team or with founders/outsourcers once every 10 days for status checks till completion.

  8. Team mentoring and overall guiding and making sure start-up is adhering to project schedules.

Tier 3 – “Prototype is ready, need to build full solution” as self-funded model.

 

The engagement up to 12 months.

Operating model - “CTO” or ‘Co-CTO and Mentorship”.

  1. Validate the final prototype for completeness, and define next steps as in Tier 2.

  2. Engage with team to validate the product roadmap for the next phases of development. Assist with operating cost models for next phase.

  3. Validate the team who will build the solutions internally or help with outsourced company identification for development of next phase.

  4. Assist with recruiting additional members if required with resume filtering and candidate identification with interview for fitment. A co-founder or CXO positions fulfillment can also be done. No assistance to provide resources, names or resumes will be under taken.

  5. Plan and validate with founders, the operating cost model for internal or outsourced development. Assistance with overall project plan and time for completion.

  6. Provide space to sit for the team and founders for the period of engagement in a ‘start-up centre’.

  7. Review the project plan and participate in meetings/calls with founders/team or with founders/outsourcers once every month for status checks till completion of solution.

  8. Help and Define deadlines, what one will get to see at the end of the prototype phase?

  9. UX critique, alpha/beta release planning with founders, team mentoring, guiding.

  10. Go-Live certification of the product when ready to launch.

Optional Outsourced support as part of Tier 3

  1. Take up independent QA testing and data preparations of the completed solutions as stages of development are tracked. Provide exhaustive test cases, testing results for positive and negative testing. Load testing to simulate real-world cases.

  2. Independent User Interface design validations for conformance to technical standards, scaling across multiple platforms, and mobile devices or tablets.

  3. Provide sales and marketing assistance to launch service or product in the market.

 

Tier 4 – Raise Angel or Venture Funds – engagement up to 3 months.

Operating model - “Mentorship, Investment Assistance”.

  1. Position founders to potential Angel or Venture fund houses with working prototype as in Tier 3

  2. Engage with Startup who wishes to proceed to Tier 4 without self-funds to complete Tier 3 to secure funds before building a prototype. Define and work with startup to complete Tier 

  3. Go-Live of the product certification when ready to launch demo or product in the market or to Angel and Venture fund houses for next phase sign offs.

  4. Assist with Cost and Revenue models with customer acquisition.

  5. Assist to raise funds.

  6. Hand off and Assist with next steps of the startup evolution.

  7. Help connect with other Angel Networks, and provide access with external Mentorship talks

Contact Us

 Address. 73 Venkatakrisha Road, RA Puram, Chennai 600028. India

Tel. +91-9840872950

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