"We tried a partnership with a local incubator but it failed in terms of impact. The feedback we received from startups was the mentorship model isn't the best, the highest-value creation, support model."
Director of Finance, Foundation
[outcome] incubators turn experiments into outcomes.
We are there through all the twists and turns (failures, successes, pivots) to build knowledge, skills, and mindsets to make innovation a deeply embedded habit.
For example our [get your first 10 customers] incubator program:
week 1-2: customers - jobs to be done fit
week 3-4: value - solution fit
week 5-6: solution - sales fit
week 7-8: problem - purpose fit
First strategic pivot
Each outcome incubator:
- We deliver 16+ hours of one to ones, twice a week
- We deliver circa 20 hours of co-working
- Only 20% of innovators' time per week (8 hours)
- 8 weeks duration
- Remote (virtual) program
problems and questions
We don't do workshops - hardly ever achieve any results with one off events. We don't operate as consultants as there is little lasting capability building. We don't do courses or training - as pushing knowledge without skills development is short-lived.
Example, all our incubators programs are focused on outcomes e.g. X customers, Y funding, etc.
1. Outcome focused