Complimentary Startup Incubator is a space where the Incubation Head believes in only using SIPOC as a criteria to incubate startups. It will house 2 companies in each of dimension
Supplier – Input – Process – Output – Customer and will also have an auditing team included as potential process startup company
How does this model work and will it really reap in benefit?
The model is similar to any accelerator initiative but is focused to a theme. An annual theme planned out..
Does it mean that the incubator can maximum take only 20 startups?
Quality of an incubator or accelerator suffers if we have too many startups being mentored and scaled up simultaneously. What is important is the incubator success. Successful exits.. Successful team building.. Successful traction.
Theme based incubation will succeed in long run if they strategize a SIPOC model and scale all the startups within the SIPOC model.
PASSION FRAMEWORK focuses on Probing-Innovating-Acting-Scoping-Setting-Owning and Nurturing Dimensions and the research is too deep as it also includes 28 dimensions needed for strengthening Incubator / Accelerator and Entrepreneur Eco System. Evolved by me.. it keeps getting better.. The blog has 98 country viewership which explains entrepreneurship using stories and poems as Entrepreneurship needs to connect to people.. their inner soul and to make a person realize what best suits him or her.
SIPOC fits into PASSION FRAMEWORK in each of its dimensions
Enjoy the age old SIPOC and ETVX (Entry Criteria – Task – Validation Criteria – Exit Criteria) as a evaluation tool to select entrepreneurs and plan their success validations and exits.
Complimentary Startup Incubators will grow over period of time as it will be a chaos to have similar startups being incubated / accelerated by incubation centers with a theory ‘let best one win?’ as Startup grooming is about scaling and building operations and let the similar startups be acquired, taken over or moved towards complimentary goals to ensure all startups succeed or at least taste success. Marketing such theme based incubator accelerator eco-system becomes easier.
Will be happy to interact with incubator, accelerators, mentors, advisor’s and investors to get more inputs and suggestions