The Business Incubation Management Training Program was created for business incubator managers and stakeholders in developing countries and emerging markets. CEFE Unicorn will be helping people increase their understanding of business incubator models, how to finance an incubator, monitoring and evaluation, mentoring programs, and more. The training program was designed for face-to-face delivery with each module. Given that the likelihood of an incubated firm’s success is much higher than that of a non-incubated firm, around 87% of firms are still in business after 4 years in comparison to 44% for non-incubated firms, incubators can have a significant impact on local communities.
This training program is the first-of-its-kind, drawing from the lessons, models, and examples in business incubation from South Asia.
This training program is designed for business incubation managers and other business incubation stakeholders wishing to increase their understanding and know-how of the business incubation process. It consists of 11 training modules ranging from basic introductory topics designed for professionals new to business incubation, to specialized topics such as Technology Commercialization and Virtual Business Incubation Services.
Knowledge on incubation for nurturing creativity and innovative ideas is very important in entrepreneurship development of the country. There are different models of business incubation to cater the requirements of different needs of entrepreneurs. The skills required in the development of incubation and management of incubation is crucial. The incubation management will help the newly startups to accelerate their ideas.
The objectives of Business Incubation Management are
- it helps trainees to develop competencies required to develop business incubation,
- helps to conduct feasibility study on business incubation based on their community needs.
- to help the startups to accelerate their ideas and generate income and employment.
Business Incubation Definitions and Principles
1 An Introduction to Business Incubation
2 Business incubator model with success factors
Planning an Incubator
3 Feasibility Study Planning
4 Business Planning of an Incubator
Marketing and Stakeholder Management
5 Identifying, Assessing and Reaching Customers and Stakeholders
6 Defining the Incubator Value proposition(s) and Engaging marketing channels
Financing an Incubator
7 Identifying the required Financing towards Breakeven
8 Understanding the various Financing Sources available to fill the Funding Gap
9 Developing a Funding raising strategy
10 Monitoring the incubator’s financial performance
Managing the Incubator
11 Incubator Policies and Governance
12 Operations & Human Resources Management
Monitoring, Evaluation and Benchmarking
13 Monitoring & Evaluation (M&E)
14 Comparing incubators
Implementing a Mentoring Program
15 Framework of mentoring process from perspectives of business incubators, mentor, mentee
16 Implementing a mentoring program
Deals and Financing for Incubator Clients
17 Preparing Incubates to engage in the process of financing
18 Developing the capacity of the incubator to assist clients in accessing financing
19 Financing from the perspective of incubates
20 Financing from the perspective of the incubator
Technology Commercialization Through Incubation
21 Technology Commercialization in context
22 Pre-incubating Technology Business
23 Incubating Technology Business
24 Growing Technology Business
Setting up Virtual Services
25 Preparing incubates to engage in the process of accessing financing
26 Deciding if virtual incubation is the right solution for your incubator
27 Challenges and solutions with virtual incubation
- To develop Business Incubation Management plan
- To build conducive environment for incubates
- To launch Incubates product and service in the market
- Incubators
- Colleges
- TVET Institutes
- Techpark
- Startup Centre
- Industrial Estate Manager