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How To Start An Incubator

Posted on Thursday, May 2nd 2013

This is REALLY exciting!

As you know, we’ve been working with many partners around the world over the last year.

This has helped us develop an informed perspective on the need for a scalable incubation system that our partners can use easily, affordably, seamlessly to launch their own incubators, with our help, anywhere in the world, but with deep ties into Silicon Valley.

And now, we present the 1M/1M Incubator-in-a-Box, a new program to support partners in how to start a business incubator.

The 1M/1M Incubator-in-a-Box costs $1000 per entrepreneur per year. 1M/1M does not take any equity, making us the most entrepreneur- and investor- friendly incubator program on the planet (most incubators take 5-10% equity). The ROI we deliver is equivalent to $375k + 5-10% Equity per entrepreneur.

So whether you are a technology companyplatform vendormedia companyangelVC or EDO, we’re here to work with you. Incubators and Accelerators are also welcome to use the program, as are schoolsgovernments and banks.

Here are the steps:

  • Choose the scale at which you feel comfortable starting a business incubator. You can incubate 5, 10, 25, 50, 100, or 200 entrepreneurs.
  • Choose one or more locations (or global is fine too).
  • 1M/1M will provide the base-level incubation to these entrepreneurs through the Premium Program. This includes online curriculum, mentoring / strategy consulting, introductions to customers, channel partners, investors, and access to the 1M/1M media and social media channels.
  • Partner can add any amount of additional resources on top, including funding, real-estate, mentoring, network, legal services, accounting services, etc.
  • 1M/1M will run contests and help partner recruit the entrepreneurs to bring into their custom portfolio. Voila, you have your own start up incubator.
  • 1M/1M will also screen the best performers from the incubation portfolio for partner to invest further resources in, after a few months of incubation.

Let us know when you would like to talk. Starting an incubator has never been easier.

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