1. Business Incubation Project On Entrepreneurship Guided by, Prof. Soumya Varghese SJBS Presented by, Vishal Thomas Payikad T5 MBA, Roll no: 43 SJBS St. Joseph’s Business School, Pala

2. Business Incubator  Definition: An entity, which helps start-up business with all the necessary resources/support that the start-up needs to evolve and grow as a mature business.

3. Services extended by Incubators  Provision of physical space  Management coaching  Help in preparing an effective business plan  Administrative services  Technical support  Business networking  Advice on intellectual property  Help in finding sources of financing

4. Incubator Support System People + Idea Access to market Access to money Knowledge & Expertise Access to network Successful Venture Technology Business incubators infrastructure support

5. Incubation Model: Growing Seedlings Seeds (Idea) Sprouts (Products) Seedlings (Market) Funding system Fostering system Entrepreneurial Team Innovative Technologies with good Market Potential High Growth Innovative Small & Medium sized entreprises

6. Types of Incubators  Government Sponsored  Non-profit Sponsored  University or Academic Institutions  Privately Sponsored

7. Incubation Procedures and Processes  Pre- Incubation Phase  Main Incubation Phase  After Incubation Phase

8. Setting up Business Incubation Centres Assess the market conditions and requirements Identify team and service provider Arrange for resources Establish industry Linkages Draw-out a calendar of activities Attract, select, retain and manage start ups

9. Thank you……