Pre-Incubation Services

 

Pre-Incubation involves the guidance and support of a business tutor, backed by a network of specialist consultants, for the development of technologically-innovative business ideas. 3Si provides aspiring entrepreneurs with the skills and know-how to transform their business ideas first into business plans, and then into active businesses with high-growth potential by providing them with a business tutor and training in collaboration with the external business incubators.

 

In the current scenario of start-up entrepreneurs, there are groups of entrepreneurs who are not sufficiently equipped to go directly to the incubation process. This is partly due to the fact that we are in the early part of the shift towards entrepreneurship and business enterprise. Providing pre-incubation services will improve the performance of the incubation phase itself and  will also enhance the employment ability of those who have gone through the process.

 

3Si intends to provide broad pre-incubation services to the interested and potential entrepreneurs through outside pre-incubators. The main objectives of 3Si for pre-incubation entrepreneurs are to:

 

 

• Create the entrepreneur for incubation ready start-ups.

• Encourage entrepreneurs to consider start-ups as a viable option.

• Provide required skills and knowledge to run the business.

• Select innovative business ideas with high potential for success.

• Assess the economic validity and technical feasibility of business ideas.

•  Draw up a business plan outlining the actions, strategies and related information to meet business growth objectives.

• Ensure a suitable business team is put together.

• Provide necessary business training.

 

 

3Si Pre-incubation stage services includes:

 

•  Idea formulation and assessment.

•  Market validation of the idea.

• Providing training on managerial issues, presentation skills and on specialized topics like intellectual property, legal and administration.

• Defining the business idea and model.

• Innovation assessment through internal competencies and external committee.

• Competition of a business plan with the financial forecast.