Many technology companies are looking for effective models for running their own incubators and accelerators to foster innovation in their field.
1Mby1M works with companies of all sizes to incubate custom portfolios of startups, 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.
In addition, technology companies are all looking to run effective corporate innovation programs to foster internal innovation.
1Mby1M’s Incubator-in-a-Box offering can rapidly turn any technology company into a global incubator with a powerful curriculum, effective mentoring support, and extensive industry connections, including investors.
- Choose the scale at which you wish to start. You can incubate 5, 10, 25, 50, 100, or 200 entrepreneurs.
- You can go global right away, something only a virtual incubator platform can do. Or, choose one or more locations as you wish.
- 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.
- Partner 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.
- 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.
- The ROI we deliver is equivalent to $375k + 5-10% Equity per entrepreneur.
- We do charge consulting and administrative fees depending on the scale of the program and the support you require.
Note: Here are a few videos explaining the 1M/1M program in more depth:
Meet some of The One Million Club members, and review the Quantified 1M/1M Value Equation.
We have worked with many corporate partners, helping their eco-systems with incubation support, including Oracle, SAP, Microsoft, etc. Nothing is too small for us. No geography is not of interest to us. Wherever, and at whatever scale you would like to build your corporate incubator, we look forward to working with you shoulder to shoulder.