Incubator-in-a-Box for Co-working Spaces
You may have read Sramana’s article, The Problems with Incubators and How To Solve Them where she talks about how many incubators are effectively co-working spaces. Besides, there are many co-working spaces that are just that, and don’t claim to be anything more.
We believe that co-working spaces are important, and are great at creating local communities of entrepreneurs.
1Mby1M works with co-working spaces anywhere in the world and helps them gain access to Silicon Valley’s eco-system and methodology.
How?
1Mby1M’s Incubator-in-a-Box offering can rapidly turn any co-working space into a full-service incubator, with a full curriculum, extensive mentoring support, and deep ties into Silicon Valley.
What?
- Choose the scale at which you wish to start. You can incubate 5, 10, 25, 50, 100, or 200 entrepreneurs (or more).
- 1Mby1M 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 1Mby1M media and social media channels.
- You continue to provide the co-working space. Now, your space is more valuable and attractive to the entrepreneurial community you are catering to.
How Much?
- The 1Mby1M Incubator-in-a-Box costs $1000/entrepreneur/year.
- A co-working space can simply offer the program to its entrepreneurs at the same price.
- We do not take ANY equity, making us the most entrepreneur- (and investor- ) friendly incubator program on the planet. Most incubators take 5-10% equity. So if you take equity, then whatever equity you take, is yours. We simply make that equity worth more.
- The ROI we deliver is equivalent to $375k + 5-10% Equity per entrepreneur.
Contact: Irina Patterson
Note: Here are a few videos explaining the 1Mby1M program in more depth:
- The Other 99% (Entrepreneurs)
- Democratizing Management Consulting
- Democratizing Entrepreneurship Education
Meet some of The One Million Club members, and review the Quantified 1M/1M Value Equation.