Lincubator is a pre-incubation service that helps inexperienced entrepreneurs extract the most value from incubators by matching them with the right incubation programme.
It consists of three parts - Chemistry Lab, Matchmaking and Open Entrance. These three parts include basic training, community network building, selection of suitable incubators, a matchmaking system and a warm-up incubation trial.
Following this process, the journey starts from knowing oneself to then understanding incubators in order to create their unique entrepreneurial pathway. It delivers service through a set of events and a platform that consists of a matchmaking system and trial contract.
To meet the needs of inexperienced entrepreneurs, “ I want to understand the entrepreneurial journey, get feedback beyond family and friends and have appropriate expectations”, Chemistry Lab provides 3 training sessions.
Entrepreneurs get a quick taste of the complete start-up process through simulation workshops with the help of experts. After reflecting on the whole picture, they can know themselves better and be mentally well prepared.
In the meantime, industry experts, experienced entrepreneurs and peers will be easy to reach out to. Jessies can improve their social skill and build their network naturally. This is the Lincubator community.
In order to help inexperienced entrepreneurs re-shape their ideas, the Pop-up Hackathon seeks out potential users and industry experts through the interpersonal resources of the Lincubator community. In this process, they can break the blind spots and share more realistic ideas.
With a clearer understanding of who they are as entrepreneurs and what they need for their ideas, it’s time to seek the right incubation programme to start the business. The matchmaking system consists of 2 main components: Incubator screening system and entrepreneur review community.
The Lincubator screening system can help users conduct a list of appropriate incubation programmes based on their business and personal profile as an entrepreneur.
Along with the list, an entrepreneurial review from the Lincubator community of each incubator can be a strong reference for Jessies and Billys to understand and choose the right project.
Compared to the current system of applying for a specific incubation program and starting the incubation cycle, open entrance provides a free trial for inexperienced entrepreneurs to start their business without huges cost of trial and error. It makes ecosystems more open and allows intersections - which might lead to new ideas, resources and pathways. During the trial period, entrepreneurs do not need to commit anything. It’s a period to observe and experience a potential right incubator including the atmosphere, resources, mentorship, space, training etc.
After 10 days of trial, entrepreneurs can choose either to continue or switch to the other 2 incubator trials.