High-Growth Start-Ups:
Business Incubator
Milestone Program
For High-Growth Start-Ups – Tenants of the Indiaco Business Incubator (India)
By Indiaco, (See: Success Story: Indiaco – a Private Business Incubator)
Milestones
1. Acceptance
2. Definition
3. Business System Development
4. Planning
5. Product Development
6. Marketing / Sales
7. Funding
8. Graduation
Please note these are recommended milestones by Indiaco.
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Submission of Executive Summary by entrepreneur
Review of Executive Summary
First meeting with Indiaco Venture Associate
Submission of Business Plan by entrepreneur
Due Diligence by Indiaco Venture Associate
Presentation by entrepreneur before Indiaco Board of Advisors
Contract negotiation with entrepreneur
Signing of contract
Needs assessment meeting with Indiaco Venture Associate
Creation of Board of Advisors for venture
First Board of Advisors meeting
Development of venture roadmap
Incorporation – filling of government documentation
Organization Structure and HR needs determination
HR Policies and employee benefits (stock options)
Accounting Policies and best practices
Information Systems development and communication policies
Development of Mission, Vision, Values & Strategy Statements
Development of Product Development Plan
Development of Marketing Plan
Development of Sales Plan
Development of Operations Plan
Development of Financial Plan
Development of Funding Plan
Development of Corporate / Legal Structure
Preparation of Corporate Presentation & Offer letter
SpringBoard Presentation
Product definition
Technical Feasibility Study
Development of Alpha Product / Site
Alpha Testing & Debugging
Identification of Beta Clients
Beta Testing
Customer feedback analysis
Product Refinement & Testing
Product Demonstration and Showcasing
6. Marketing/Sales
Market Research
Market Data Analysis
Market Definition – Size and Scope
Marketing Strategy Development
Partnership / Alliance Development
Market Launch
Investor Strategy
Road Show
Negotiations with Investors
Investor commitments
Growth Planning
Graduation Ceremony
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