Incubator-in-a-Box for Incubators
We consider incubators around the world our partners, not competitors.
1Mby1M works with incubators anywhere in the world and helps them gain access to Silicon Valley’s eco-system and methodology.We have a powerful, proven online curriculum that you can readily offer to your constituency to bring structure to your program. We also have regular and systematic mentoring on a weekly basis. In addition, our powerful rolodex is all yours through this partnership.
1Mby1M also offers scale to physical incubators who often have limited capacity. To develop a community into a thriving entrepreneurial hub, hundreds of entrepreneurs needs to be nurtured. By partnering with 1Mby1M, incubators can vastly expand their capacity to support a larger number of entrepreneurs.
1Mby1M also offers reach. If an incubator is headquartered in one city, and wants to open additional branches in five other locations, it is easy to do so with 1Mby1M because of the virtual structure of the program.
How?
1Mby1M’s Incubator-in-a-Box offering can rapidly turn any local incubator into a large regional, national, or global incubator, with 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.
- Choose one or more locations (or global is fine too).
- 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 can add any amount of additional resources on top, including funding, real-estate, mentoring, network, legal services, accounting services, etc.
- 1Mby1M will run contests and help partner recruit the entrepreneurs to bring into their custom portfolio.
- 1Mby1M will also screen the best performers from the incubation portfolio for partner to invest further resources in, after a few months of incubation.
- Or, if you already have a running program that you want to augment, just add 1Mby1M premium memberships to your portfolio.
How Much?
- The 1Mby1M Incubator-in-a-Box costs $1000/entrepreneur/year. So, if you incubate 50 entrepreneurs with us, that would cost $50k for a year.
- 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 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.
