powerHouse have developed a complete incubation programme that spans from research through to company growth, utilising a proprietary process for venture development. This process is underpinned by our advanced opportunity assessment tools.
- Pre-incubation
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- screening of IP or idea based on market assessment
- review of strategic IP position
- shaping of venture strategy
- developing a business plan
- focus groups and meetings with potential customers
- Technology Incubation
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- formulating investment case
- investing proof of concept funding
- attracting government funding from FRST and NZTE
- identifying industry mentors
- sourcing non-executive directors and CEO
- assistance in engaging early trial customers
- formation of advisory boards or boards of directors
- Business Incubation
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- strategic development
- engagement with channel or industry partners
- assistance in management and technical team recruitment
- ongoing IP strategy
- seed and start-up funding
- networking events
- Growth Post Incubation
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- advisory board participation
- assistance with follow-on funding
- resolving market and customer issues
- assistance interfacing with NZTE and FRST programmes
- annual review of strategy
Next: Where to from here