The I-Cube (Innovate, Iterate and Incubate) Program is Nepal Communitere’s holistic business incubation program supported by UK Aid. It is designed to assist Nepali businesses to build a strong foundation for growth.
The Program provides entrepreneurs/startups exclusive access to monthly masterclasses, 1-1 strategic business and financial literacy coaching, leadership development and direct access to finance along with a network of industry experts and technical consultants. We provide a dynamic, collaborative space to equip entrepreneurs with the means to pioneer innovative solutions, iterate and refine their ideas, and become self-reliant.
I3 Incubation Program Overview
The third cohort of I-Cube is a six month incubation program, starting in October 2020. It will be based at Nepal Communitere in Pulchowk, Lalitpur.
The Program is a participatory learning experience that provides Nepali entrepreneurs with the knowledge, skills, tools, networks and resources they need. The COVID-19 pandemic has created a need and urgency for entrepreneurs to pivot and adapt their businesses with the new changing and challenging environment for which Nepali startups need support, guidance and a nurturing environment to develop or iterate their businesses for growth and survival.
The I-Cube business incubation program offers a flexible curriculum designed and delivered to allow entrepreneurs to determine their own action plans to meet specific milestones for success, growth and sustainability keeping in mind the new business environment we’re seeing today.
- Seed Funds
Upto NPR 1 lakh for startups trying to develop new business vertices, ready to pivot, iterate and adopt innovative business models and solutions
- Business coaching
One-on-one biweekly meetings with a designated business coach, who will help you address challenges that come up during the program
- Co-working space
6 months access to the Nepal Communitere Makerspace and co-working space (based on the COVID-19 situation and requirement)
- Business acumen
Gain access to a comprehensive business development curriculum and learning resources
- Industry-specific expertise
Work with and learn from experts working within your industry through mentorship, in-person workshops and peer learning
- Professional support
Access one-on-one advising and cut costs in marketing, fundraising, executive/leadership coaching, accounting and legal professionals and other advisors
- Peer learning
Entrepreneurs in the cohort work collaboratively and learn from one another
- Access to capital
Intimate panels of donors, investors, lenders and funders give their tricks of the trade and help you determine what form of capital is best for your venture’s structure and scale
- Amplified visibility
Gain customers and visibility through I-Cube blog, social media networks and mailing list
- I-Cube program staff
Program staff ensure that you make valuable connections and receive appropriate assistance
You are motivated, coachable and have a business venture that is trying to develop new business vertices and ready to pivot, iterate and adopt innovation to your enterprise. Your business is legally registered and based in Nepal. Having a functioning leadership team is encouraged, but not required.
The ideal candidate is a passionate Nepal based entrepreneur that has generated some revenue and is ready to pivot, iterate and adapt with the new and changing business environment brought by COVID-19 pandemic.
- Businesses beyond the ideation phase with at least 1-2 years of traction in the market
- Entrepreneurs/startups who demonstrate a readiness to iterate, pivot, and adopt innovative approaches to survive and grow their businesses
- Need basic and practical business development skills
- Proactive, passionate, and visionary founders
- Hungry to learn, grow and network
Application: Apply Here
Application Deadline: September 27,2020
For more information, visit I-Cube 2020