Incubation 1

Incubation 1 is designed for applicants with a business plan.

Main programme objectives

Develop a comprehensive BMC
Create a prototype for a product or service

Admission requirements

Membership in Point One is contingent upon successful completion of the admissions process. To enrol in the Incubation 1 programme, applicants must demonstrate a well-developed business idea and a strong desire to transform it into a tangible business.

Délka programu: 4 months (with the possibility of extending for additional 4 months)

Programme content

Members can expect workshops focused on fundamental business knowledge led by experienced instructors. The programme may also include expert consultations whenever necessary.
In Incubation 1, each member is paired with a personal guide, referred to as Buddy. Buddies assist members with their progress, help overcome obstacles and ensure that they are moving in the right direction.
Workshop dates are fixed. Members organize their own work on businesses, consultations with Buddies or other experts according their availability.
Once a month, a meeting is held for the members. These meetings provide an opportunity for everyone to connect, seek advice, share successes and experiences, and enjoy informal socializing.
Each member will undergo two evaluation moments. The first is a mid-programme Interim Check to assess the member’s progress in the incubator. The second is a final evaluation to determine whether the requirements for successful completion of Incubation 1 have been met. During the final evaluation, the possibility of continuing in one of the follow-up Point One programs or extending the duration for another four months will be discussed.

Roadmap

The roadmap outlines the course and content of Incubation 1.

First day with Point One
Workshop: Vision
Workshop: Product
Meeting the Buddy
Meeting of members
Workshop: Market research
Workshop: Elevator Pitch
Meeting the Buddy
Check
Meeting of members
Workshop: Financial model
Workshop: Business strategies
Meeting the Buddy
Meeting of members
Workshop: Marketing communication
Workshop: Metrics and KPIs
Meeting the Buddy
Evaluation
Closing ceremony