How many times in your life you came up with a great idea but did not have the right resources to develop it?
EMDEA, with its incubation program, gives entrepreneurs the opportunity to market their ideas through a set of tailored services.
The Process
1.Brain Storming
Our incubation program starts with twice a week meeting with the Entrepreneur at “Blackmarket – The Ideas Bazaar” https://www.facebook.com/Blackmrkt (a vintage cafè in the center of rome). The Brainstorming lasts for 2 weeks and is aimed at answering the following questions:
I. At what stage of the product is your company?
-Concept stage
-Seed stage
-Early stage
-Growth
II. What is the profile of the Team?
III. What do we want to offer?
IV. What is the problem we solve and how?
V. Who are our the competitors?
VI. How do we differentiate from them?
VII. What is our Target market?
VIII. Revenue model
2. Business Planning
This stage of the incubation program is the most important and probably the most time consuming. The business plan is a tool that analyzes in details every single aspect of the firm and tells to the management the most efficient strategy to follow. Moreover, the business plan is the main document that any investor requires to finance a start-up.
The business plan in details:
- Executive Summary
- The company
- The product/service
- Sector Analysis
- Market Analysis
- Marketing strategy
- The management
- The operating plan
- The financial analysis
- Supplementary reports
3. Go to Market
This is the moment you see your dreams come true and start operations at your company. In this phase you will need to:
- Create your company
- Get Financed
- Hire great people
EMDEA will assist you in all of these three steps, through special partnerships with Notaries, Accountants, Banks and Private Investors.
-What do we get
For the above mentioned services EMDEA gets 0 -10% of the company depending on the amount of work to be performed and on the stage at which the company is + a fixed low rate fee for the Business Plan.
