{"id":1178,"date":"2017-09-11T03:43:53","date_gmt":"2017-09-11T03:43:53","guid":{"rendered":"https:\/\/nepal.communitere.org\/?page_id=1178"},"modified":"2020-10-21T05:43:56","modified_gmt":"2020-10-21T05:43:56","slug":"i3-business-incubation-program","status":"publish","type":"page","link":"https:\/\/nepal.communitere.org\/i3-business-incubation-program\/","title":{"rendered":"I3 Business Incubation Program"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row padding_bottom=&#8221;30px&#8221;][vc_column][vc_column_text]<span style=\"font-size: 16px;\"><strong>\u00a0The I-Cube (Innovate, Iterate and Incubate) Program<\/strong> is Nepal Communitere\u2019s holistic business incubation program supported by <a href=\"https:\/\/www.gov.uk\/world\/organisations\/dfid-nepal\" class=\"broken_link\" rel=\"nofollow\">UK Aid.<\/a> It is designed to assist Nepali businesses to build a strong foundation for growth.<\/span>[\/vc_column_text][vc_column_text]<span style=\"font-size: 16px;\">The Program provides entrepreneurs\/startups exclusive access to monthly masterclasses, 1-1 strategic business and financial literacy coaching, leadership development and direct access to finance along with a network of industry experts and technical consultants. We provide a dynamic, collaborative space to equip entrepreneurs with the means to pioneer innovative solutions, iterate and refine their ideas, and become self-reliant.<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_text_separator title=&#8221;I<sup>3<\/sup> Incubation Program Overview&#8221; style=&#8221;three&#8221; element_type=&#8221;h1&#8243; font_size=&#8221;32px&#8221; font_weight=&#8221;600&#8243;][\/vc_column][\/vc_row][vc_row padding_bottom=&#8221;30px&#8221;][vc_column][vc_column_text]<span style=\"font-size: 16px;\">The third cohort of I-Cube is a six month incubation program, starting in October 2020. It will be based at Nepal Communitere in Pulchowk, Lalitpur.\u00a0<\/span><\/p>\n<p><span style=\"font-size: 16px;\">The Program is a participatory learning experience that provides Nepali entrepreneurs with the knowledge, skills, tools, networks and resources they need. The COVID-19 pandemic has created a need and urgency for entrepreneurs to pivot and adapt their businesses with the new changing and challenging environment for which Nepali startups need support, guidance and a nurturing environment to develop or iterate their businesses for growth and survival.\u00a0<\/span><\/p>\n<p><span style=\"font-size: 16px;\">The I-Cube business incubation program offers a flexible curriculum designed and delivered to allow entrepreneurs to determine their own action plans to meet specific milestones for success, growth and sustainability keeping in mind the new business environment we\u2019re seeing today. This new innovative learning model includes:<\/span><\/p>\n<ul style=\"font-size: 16px;\">\n<li><span style=\"font-weight: 400;\">Monthly masterclasses conducted virtually via online platforms such as zoom<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Bi-weekly business coaching sessions to execute new knowledge and skills<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Access to office hours with entrepreneurs and practitioners to offer strategy, direction, help with troubleshooting and problem-solving<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Makerspace to design and prototype with 3D printers, plasma cutter, welding, and carpentry tools (based on requirement)<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Nepal Communitere\u2019s network of industry experts and technical consultants<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Dynamic furnished co-working space, with hi-speed internet and backup electricity (depending on the COVID-19 situation<\/span><span style=\"font-weight: 400;\">)\u00a0\u00a0\u00a0<\/span><\/li>\n<li>Post Investment coaching and governance<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_text_separator title=&#8221;<strong>Why Apply<\/strong>&#8221; style=&#8221;three&#8221; element_type=&#8221;h1&#8243; font_size=&#8221;32px&#8221; font_weight=&#8221;600&#8243;][\/vc_column][\/vc_row][vc_row padding_bottom=&#8221;30px&#8221;][vc_column][vc_column_text]\n<ul style=\"font-size: 16px;\">\n<li style=\"font-weight: 400;\"><strong>Seed Funds<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Upto NPR 1 lakh for startups trying to develop new business vertices, ready to pivot, iterate and adopt innovative business models and solutions<\/span><\/li>\n<li style=\"font-weight: 400;\"><strong>Business coaching<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">One-on-one biweekly meetings with a designated business coach, who will help you address challenges that come up during the program<\/span><\/li>\n<li style=\"font-weight: 400;\"><strong>Co-working space<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">6 months access to the Nepal Communitere Makerspace and co-working space <\/span><span style=\"font-weight: 400;\">(based on the COVID-19 situation and requirement)<\/span><\/li>\n<li style=\"font-weight: 400;\"><strong>Business acumen<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Gain access to a comprehensive business development curriculum and learning resources<\/span><\/li>\n<li style=\"font-weight: 400;\"><strong>Industry-specific expertise<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Work with and learn from experts working within your industry through mentorship, in-person workshops and peer learning<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Professional support<\/strong> <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Access one-on-one advising and cut costs in marketing, fundraising, executive\/leadership coaching, accounting and legal professionals and other advisors<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Peer learning<\/strong><\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Entrepreneurs in the cohort work collaboratively and learn from one another<\/span><\/li>\n<li style=\"font-weight: 400;\"><strong>Access to capital<br \/>\n<\/strong><span style=\"font-weight: 400;\">Intimate panels of donors, investors, lenders and funders give their tricks of the trade and help you determine what form of capital is best for your venture\u2019s structure and scale<\/span><\/li>\n<li style=\"font-weight: 400;\"><strong>Amplified visibility<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Gain customers and visibility through I-Cube blog, social media networks and mailing list<\/span><\/li>\n<li style=\"font-weight: 400;\"><strong>I-Cube program staff<\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Program staff ensure that you make valuable connections and receive appropriate assistance<\/span><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_text_separator title=&#8221;<strong>Eligibility<\/strong>&#8221; style=&#8221;three&#8221; element_type=&#8221;h1&#8243; font_size=&#8221;32px&#8221; font_weight=&#8221;600&#8243;][\/vc_column][\/vc_row][vc_row padding_bottom=&#8221;30px&#8221;][vc_column][vc_column_text]<span style=\"font-size: 16px;\">You are motivated, coachable and have a business venture that is trying to develop new business vertices and ready to pivot, iterate and adopt innovation to your enterprise. Your business is legally registered and based in Nepal. Having a functioning leadership team is encouraged, but not required.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-size: 16px;\"><br \/>\n<\/span><b>As an Incubator entrepreneur you will:<\/b><\/p>\n<ul style=\"font-size: 16px;\">\n<li style=\"font-size: 16px;\"><span style=\"font-weight: 400;\">Commit to participate and complete the six month long incubation program<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Set program goals with your business coach and program manager<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Dedicate minimum 1 day per week or more during the duration of the program<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Mandatory participation in monthly masterclasses, bi-weekly business coachings and other related programs and events\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Participate in monthly surveys, a baseline interview, an exit survey, regular feedback sessions and post I-Cube Program surveys<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Pitch at the public commencement at the end of the program<\/span><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_text_separator title=&#8221;<strong>Selection Criteria<\/strong>&#8221; style=&#8221;three&#8221; element_type=&#8221;h1&#8243; font_size=&#8221;32px&#8221; font_weight=&#8221;600&#8243;][\/vc_column][\/vc_row][vc_row padding_bottom=&#8221;30px&#8221;][vc_column][vc_column_text]<span style=\"font-size: 16px;\">The ideal candidate is a passionate Nepal based entrepreneur that has generated some revenue and is ready to pivot, iterate and adapt with the new and changing business environment brought by COVID-19 pandemic. I-Cube Program 2020 is designed to support entrepreneurs who are trying to develop new vertices for their business as a means to adapt and grow along with this new normal and want to take their venture to the next level.\u00a0<\/span><\/p>\n<ul style=\"font-size: 16px;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Businesses beyond the ideation phase with at least 1-2 years of traction in the market<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Entrepreneurs\/startups who demonstrate a readiness to iterate, pivot, and adopt innovative approaches to survive and grow their businesses<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Need basic and practical business development skills\u00a0\u00a0\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Proactive, passionate, and visionary founders<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Hungry to learn, grow and network<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 16px;\">Click here to get <\/span><a href=\"https:\/\/nepal.communitere.org\/i-cube-program-2020-frequently-asked-questions\/\"><span style=\"font-size: 16px;\">I-Cube 2020 FAQs<\/span><\/a><span style=\"font-weight: 400;\"> to know more about the program!<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_text_separator title=&#8221;<strong>In Partnership<\/strong>&#8221; style=&#8221;three&#8221; element_type=&#8221;h1&#8243; font_size=&#8221;32px&#8221; font_weight=&#8221;600&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1180 size-medium\" src=\"https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/256-03-224x300.png\" alt=\"\" width=\"224\" height=\"300\" srcset=\"https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/256-03-224x300.png 224w, https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/256-03-600x805.png 600w, https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/256-03.png 723w\" sizes=\"(max-width: 224px) 100vw, 224px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1182\" src=\"https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/Copy-of-UKaid-Logo-Digital-Use.jpg\" alt=\"\" width=\"283\" height=\"300\" srcset=\"https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/Copy-of-UKaid-Logo-Digital-Use.jpg 772w, https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/Copy-of-UKaid-Logo-Digital-Use-600x637.jpg 600w, https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/Copy-of-UKaid-Logo-Digital-Use-283x300.jpg 283w, https:\/\/nepal.communitere.org\/wp-content\/uploads\/2017\/09\/Copy-of-UKaid-Logo-Digital-Use-768x815.jpg 768w\" sizes=\"(max-width: 283px) 100vw, 283px\" \/>[\/vc_column_text][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row padding_bottom=&#8221;30px&#8221;][vc_column][vc_column_text]\u00a0The I-Cube (Innovate, Iterate and Incubate) Program is Nepal Communitere\u2019s holistic business incubation program supported by UK Aid. It is designed to assist Nepali businesses to build a strong foundation for growth.[\/vc_column_text][vc_column_text]The Program provides entrepreneurs\/startups exclusive access to monthly masterclasses, 1-1 strategic business and financial literacy coaching, leadership development and direct access to finance along with a network of industry experts and technical consultants&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/pages\/1178"}],"collection":[{"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/comments?post=1178"}],"version-history":[{"count":5,"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/pages\/1178\/revisions"}],"predecessor-version":[{"id":2979,"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/pages\/1178\/revisions\/2979"}],"wp:attachment":[{"href":"https:\/\/nepal.communitere.org\/wp-json\/wp\/v2\/media?parent=1178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}