If you are an incubee, this might seem trivial, but if you are not, just imagine, and put yourself in those shoes…
Startup incubators - organisations that supports startup by providing a variety of resources and services meant to accelerate its development, are growing in number, reach and effectiveness. Most entrepreneurs find them invaluable. The application process is wearying, with hundreds of companies applying for a very few spots. For this reason, new entrepreneurs need to be prepared before they even start.
Resources at incubators include such things as access to experienced entrepreneurs, experts, new human resources talent, and even access to investment capital. The incubator provides these services in exchange for a portion of the startup's equity or monthly desk space payments.
The following is about the process of applying and working with a startup incubator:
Do your research - It is important to understand the resources and services offered, the cost of being involved, and make certain the whole package matches your startup’s needs.
Do not prioritise capital as your primary reason for applying, as a good incubator can offer many more resources.
Look specifically at: the network of mentors, location, consult alumni, check out the programme curriculum. Assemble your team - incubators look for strong founders with strong teams first, business ideas second.
A startup that goes through an incubator will more than likely exit a completely different and certainly more refined business. The founders and their teams may also go through a transition.
Finally, your pitch is essential. Keep in mind that the incubator wants companies that can succeed for recruiting the best intellectual capital, access and promising companies.
More important than winners, the incubators want doers - founders that demonstrate the ability to execute.
With that being said - we just onboarded our Spring 2022 Batch of startups, They are up for a New Beginning at L’Incubateur HEC Paris, and they all went through the rigorous process described in the above. Bravo and welcome!
You came here to learn something 📚
Open-source series 🎥
In our quest of experimenting with video content and in the luxury of 2 directors at our HEC Records studio, it’s now time for part 2 in our Open-source series on “How to stop avoiding conflicts”. Watch our chat based on experience gained from working with entrepreneurs, and stay tuned for part 3.
Nothing like an efficient breakfast meeting or webinar 📺
One or two masterclasses a day keeps ignorance away
We have invites 3 Start 2 Scale experts for a morning workshop designed to provide you with the keys to a successful financing. It will happen in two parts: First, we will discuss the funding strategy in the broader sense, and in the second part, the experts will divide into your specific cases. Book Now!
And then for those of you in hyper growth phase, Seedlegals has put together a webinar on the topic of How to prepare and succeed in a recruitment strategy in the hypergrowth phase? Sign up its very soon!
Knowledge is free, take it, discuss it, share it💡
Thanks to Knowledge@HEC, The professors at HEC Paris share valuable knowledge, just at your finger tips.
‘Individuals and society, are faced today with many important decisions involving radical degrees of uncertainty. To better communicate on the current state of knowledge about uncertainty, and incorporate it into decisions, Brian Hill, CNRS and HEC Paris Professor of Economics and Decision Sciences, initiated the "Uncertainty Across Disciplines" project, interviewing 10 leading experts on the topic of uncertainty.’
And a little bit on how to protect the soil and find sustainable solutions - Hectar 🌳
Today, if we take 1 gram of forest soil, in it, we have more living beings than there are human beings on earth.
Discover and learn from the new series by Hectar and Maddyplay.
A little spotlight never hurt anyone ✨
The top HEC-made startups 🚀
Every year since 2014, Challenge magazine has published its 100 startups to invest in - The jury (in the picture below). This year, among the 100 startups selected, 18 come from the HEC Paris ecosystem - i.e. they were founded by the HEC Alumni, graduates or have gone through one of our support programs for entrepreneurs, the Incubateur HEC Paris, HEC Challenge Plus or WomenEntrepreneurs4Good. Read more about each of these notable startups here.
Our community’s recent achievements 🏆
Deeptech Mycophyto has developed a natural alternative to chemical fertilizers by combining microscopic fungi with the roots of certain plants to promote their growth and improve their yield
Watch StockCO2 - on bati Journal live from Forum Bois Construction.
Bigblue raised $15M in Series
Celsius Energy will make it possible to reduce the CO 2 emissions of the head office of the Optic 2000
Inbolt secured €3M in seed round
Watch VelyVelo on Starting-Block, a series on highlights and news of actors of the automotive and mobility sector
PetitCôté at Sandwich & Snack Show in Porte de Versailles Expo
Enchères Immo raised €800,000 💥
Qlower guest at BFM TV on What you need to know about the tax return for real estate investors
Our community is nothing if you don’t join it 💪
Find your dream job! 💼
Beev, the all in 1 platform that helps you find your next electric car and charging station at the best price is looking to enlarge its team with someone who can translate data!
Livescale, the cutting-edge, white-label Live Shopping platform for e-Commerce brands is looking for a Sales development rep
Mindology’s mission is to grow a movement, to raise awareness, democratise CBD and to promote free speech around mental well-being. Check it out - they are hiring
Elax Energie, on the way of becoming the world leader in medium-power electrical device management is growing - check out their vacancies