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Innovvoice - Virtual Open Incubation Ecosystem
Published on 06 December 2018
Poland
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
Unlike existing traditional incubators (location-specific incubators which have restricted impact/influence), worldwide online incubators, target the global entrepreneurial community, from different backgrounds and various sectors, representing mainly advanced technologies sectors like Key Enabling Technologies (KETs).
Based on the power of the community and the openness of ideas, innovvoice builds a community and related features, tools, services to facilitate and provide support during the three different phases of starting up:
-IDEATION: transforming a raw idea into a solid, well-described and elaborated concept with the support of other innovvoice users as a way to facilitate transition to the next stages of MVP creation, incubation and growth.
-MVP CREATION: transforming a well-defined concept and/or defined specs into a product prototype and verified business model while collecting the maximum amount of validated learning about customers and market fit.
-STARTUP & GROW: transforming your verified Business Model into a sustainable startup company and making or growing a startup the lean way.
Five roles that one can have in innovvoice, either alternatively or jointly, are:
1.IDEATOR: one that formulates, expresses and elaborates one or more business idea(s), solely or as part of an innovvoice team;
2.ENTREPRENEUR one that expands their business portfolio;
3.SERVICE PROVIDER: one that offers services for free or at a cost; 4.MENTOR/EXPERT;
5.FUNDER.
Based on the power of the community and the openness of ideas, innovvoice builds a community and related features, tools, services to facilitate and provide support during the three different phases of starting up:
-IDEATION: transforming a raw idea into a solid, well-described and elaborated concept with the support of other innovvoice users as a way to facilitate transition to the next stages of MVP creation, incubation and growth.
-MVP CREATION: transforming a well-defined concept and/or defined specs into a product prototype and verified business model while collecting the maximum amount of validated learning about customers and market fit.
-STARTUP & GROW: transforming your verified Business Model into a sustainable startup company and making or growing a startup the lean way.
Five roles that one can have in innovvoice, either alternatively or jointly, are:
1.IDEATOR: one that formulates, expresses and elaborates one or more business idea(s), solely or as part of an innovvoice team;
2.ENTREPRENEUR one that expands their business portfolio;
3.SERVICE PROVIDER: one that offers services for free or at a cost; 4.MENTOR/EXPERT;
5.FUNDER.
Resources needed
The total budget: 3.407.069 EUR
The HR: professors, experts (specialising in ICT, engineering, innovation, entrepreneurship, economics, management), project managers, financial specialist, consultants.
The HR: professors, experts (specialising in ICT, engineering, innovation, entrepreneurship, economics, management), project managers, financial specialist, consultants.
Evidence of success
Engagement in platform activities already over 600 000 companies.
Potential for learning or transfer
Innovvoice is a new project which:
(a) bridges the gap between entrepreneurial need and action by providing an online, community-driven and social ecosystem support in addition to the standard incubation phases, a key phase that is currently unaddressed in the incubation process, namely the “interest” phase: the phase where the individual has the need to be actively involved in entrepreneurial activity, but does not have any business idea or business partners or special expertise about how to proceed;
(b) facilitates community-driven value, which is a core innovation element of the project ecosystem. The platform enables individuals that aspire to become entrepreneurs to tap into the collective intelligence of the crowd and turn their entrepreneurial interest or need into a collaborative research project that will result into a prototype and to a successful “crowdventure”.
Very effective tool for the advanced technologies sectors like KETs.
(a) bridges the gap between entrepreneurial need and action by providing an online, community-driven and social ecosystem support in addition to the standard incubation phases, a key phase that is currently unaddressed in the incubation process, namely the “interest” phase: the phase where the individual has the need to be actively involved in entrepreneurial activity, but does not have any business idea or business partners or special expertise about how to proceed;
(b) facilitates community-driven value, which is a core innovation element of the project ecosystem. The platform enables individuals that aspire to become entrepreneurs to tap into the collective intelligence of the crowd and turn their entrepreneurial interest or need into a collaborative research project that will result into a prototype and to a successful “crowdventure”.
Very effective tool for the advanced technologies sectors like KETs.
Further information
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ChiefExpert