![]() Virtual Business Incubator What we do: We empower savvy start-up entrepeneurs and their companies through activation of innovative and effective strategy, technology, management and sales & marketing solutions Who we are: Since 1999, our group consists of a team of very experienced partners, an advisory board with senior executives and business owners from multiple industries and associates with hands on experiences in developing and managing almost any type of business. Apart from understanding the challenges a start-up faces every single day, we also understand how to cost efficiently and effectively take an idea from “print on paper’ to a thriving business. Contact us |
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Interesting facts Sucess rate: Successful completion of a business incubation program increases the likelihood that a start-up company will stay in business for the long term: Historically, 87% of incubator graduates stay in business. In contrast, The U.S. Small Business Administration (SBA) reports that 50% fail within the first five years Why Small Businesses Fail: SBA lists inadequate or ill-timed financing as the number two reason for failed businesses. Number one is lack of experience. Is Entrepreneurship For You? What is an angel investor? An angel is a high net-worth individual who invests his or her own money in start-up companies in exchange for an equity share of the businesses. Angels invests in far smaller companies than venture capital funds do. Many angels are former entrepreneurs themselves. They make investments in order to gain a return on their money and to participate in the entrepreneurial process. It is estimated that angels invested 19 billion in more than 55,000 start-up businesses in 2008 (Source: Center for Venture Research). The size of angel investments in entrepreneurial firms varies widely. The Angel Capital Association, found that the median investment per round in 2008 was about $277,000. What are angel groups? In an angel group, individual angels join with other angels to invest collectively in entrepreneurial firms. They all have certain characteristics: a) They meet regularly to review business proposals, b)Selected entrepreneurs make presentations to the membership of the group, c) Member angels decide whether to invest in the presenting business, d) They work together to conduct due diligence to validate the plans, statements and history of the entrepreneurial team |