idea incubation service - red apple inc
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Idea incubation... this is the era of entrepreneurs. This services aims at sheltering such bright minds with great idea.TRANSCRIPT
IDEA INCUBATION SERVICES - 2013
Thought Paper by Red Apple Inc… Author: Ramesh K Meda, CTO
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About Red Apple Inc…
• Red Apple Inc is IT Services and Management Organization with focus on – Management Advisory Services – Product Management Services – Global HR Staffing Services – BPO & KPO Services
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What is incubation service?
• Is a service – Designed to create more entrepreneurs and SMEs – Providing access to high-end CxO resources – Assisting ideas come to market as a service /
product • Is NOT– Free rental space – Free advisory services – BOT (Build, Operate and Transfer)
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Why incubate?
• Support SME • Support Innovation • Create employment • Boost local economy • Technology realization
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Typical Incubation Programs
39%
54%
4% 3%
Technology MixedServiceManufacturing
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Incubation – who is it for?
• Technocrat Individual with a marketable idea• Sales professional with Market Reach • Financial person with large investment
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Stages of incubation & ServicesStages Services
Pre-incubation -Research Support-Training-Business Planning
Early Stages of incubation -Advice -Market segmentation -Technical architecture -Support functions (HR, Legal, Accounting)-Financial support
Off-the-ground -Marketing & Sales support -Client relationship management-Client front ending -Change Management
Hand-over / Sale -Market valuation -Transfer of Intellectual property -Formation of new business entity
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Incubation Players - Today
19%
30%35%
16%
Sales
International AgenciesPublic AgenciesBanks / Private SectorCommunity
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Success rate of incubation
53%
19%
28%
Active Failed Merged
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How can Red Apple Inc help?
• If you have a strong marketable business idea and urge to be on your own… – Call us on +91 80 4147 9204 – Write to us [email protected]
THANK YOU….
Contact us for more information… USA +1 973 210 3030 India +91 80 4147 9204 eMail [email protected]