Incubator Of Change Model

Incubation Playbook

SIBIC is there to take the torch of Business & Startup Development to a whole new level. But, to achieve this and to gain the right momentum we require the necessary strength and power and this will come through innumerable resources & Knowledge. This will help us inn creating the necessary impact that we desire in the Long-Term. For this we would like to Collaborate and Associate and even share the required things & resources with other fledgling Incubators of India. This will be thus made achievable through Incubator of Change Model (ICM).

ICM Model

The ICM Model has been mushroomed with 6 Comprehensive Modules to guide to set up the Incubation Center for sector specific enterprise. Each Module encompasses customized templates and resources designed to provide a thorough understanding of Each Step.

Module 01

Setting Up an Incubator

To start with the initial steps involved in setting up an incubator such as the importance of selecting the right location, fulfillment of space requirement , identifying key stakeholders and conducting a diagnostic of the local ecosystem

Module 02

Incubation Cycle

The steps are involved in detail while incubating the start-up. One of the key features of incubation is to ensure that start-up have the necessary tools to boost their operations. Each start-up is unique and so are its requirements - the incubator should be able to offer an array of services best suited for the start-up.

Module 03

Operating an Incubator

An incubator is as strong as its relationships with other stakeholders in the ecosystem. A healthy organizational culture along with strategic planning to evaluate the metrics for monitoring progress and evaluating one’s own impact is key to maintaining an effective system. This module describes the necessary steps involved to build an efficient and effective symbiotic relationship with each stakeholder.

Module 04

Incubation Governance

This module focus on the framework for setting up an incubator. Each role within the incubator and the interconnectedness between governance and management is defined and accordingly the framework for an incubator is prepared.

Module 05

Accelerating the Incubator

In the acceleration phase, we usually work with start-ups that already have a prototype product and first paying customers. In this phase the support becomes more tailored as we work on the specific needs of each start-up – strengthening their business model, developing marketing and sales, working on their investment pitch and connecting them with investors.

Module 06

Scaling Innovation

In the scaling phase, we identify and work with innovative companies with proven solution, Also we have managed to build a sustainable business model and have an ambition to scale their reach . We provide a highly tailored support in developing a scaling plan, getting their organization ready to scale, and finally facilitate access to new markets, strategic partners and investors.