Many digital media companies are looking for innovative models for distribution and consumption of content, and monetization of audiences.
1M/1M works with media companies to incubate custom portfolios of companies that address one of more of these areas, helping them keep a finger on the pulse of the startup eco-system. They can then invest in the cream of the portfolio, and/or make acquisitions, including talent acquisitions to bring key people into their organizations. Also, these companies can offer opportunities for creating revenue-sharing deals through which under-monetized traffic can be turned into revenues.
How?
1M/1M’s Incubator-in-a-Box offering can rapidly turn any media company into a global incubator.
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).
1M/1M 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 1M/1M media and social media channels.
Partner can add any amount of additional resources on top, including funding, real-estate, mentoring, network, legal services, accounting services, etc.
1M/1M will run contests and help partner recruit the entrepreneurs to bring into their custom portfolio.
1M/1M will also screen the best performers from the incubation portfolio for partner to invest further resources in, after a few months of incubation.
How Much?
The 1M/1M 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.
The ROI we deliver is equivalent to $375k + 5-10% Equity per entrepreneur.