Why incubation?
Upstart intervenes in focused ways to give you a “leg-up”, and help you to avoid strategic pitfalls. The incubator staff become actively involved in such tasks as developing strategy, mitigating risks, finding contacts, and finding funding. But, we will not build your business for you. Incubation is appropriate if you have all the drive, but perhaps not all of the skills or resources you need.
What will it cost?
Upstart is a not-for-profit organisation. However, we must also be partially self-funding. We tailor our charges to the needs and resources of each client.
Options include:
- Monthly fees: ideal for well-funded clients who want specific support for a short period.
- Equity: ideal for young companies who want to conserve their cash, and buy back equity when they become wealthier.
- Achievement bonuses: ideal for situations where fair value is hard to assess, but where clear goals can be agreed.
- A small revenue royalty for a short period, starting in five years’ time.
Are you suitable for incubation?
Please take our self assessment questionnaire to see whether you are ready for incubation. And you can share your innovative idea with us, in confidence, by filling out this form.
Also, please feel free to contact Upstart to talk about your idea.
