Pre-Incubation

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PRE-INCUBATION

Could your great idea become a hatching business? Join the WT Enterprise Center's Hatchworks to explore your idea, where it fits in the marketplace and how you can make your idea profitable!

 
Hatchworks at the Enterprise Center offers pre-incubation services to help you explore your business idea in a  group coaching format for commercializing your idea and understanding your market value through customer discovery. This format is designed to walk you through the Business Model Canvas in 45 minutes and introduce you to the services offered at the Enterprise Center to help your idea become a  reality. The Lean Startup methodology used in Hatchworks helps pre-venture entrepreneurs discover the viability and commercial opportunity of a new business idea or concept. This pre-incubation program uses visual and hands-on tools to help the entrepreneurs towards next steps in commercialization and putting a business wrapper around an idea.

What is the business problem you’re solving and how “burning” is that problem?

What is the business problem you’re solving and how “burning” is that problem? If the idea has a real opportunity, in what market space does it fit?

Is there a cluster of potential customers that are willing to pay money to solve this problem?

Is there a cluster of potential customers that are willing to pay money to solve this problem? If so, how do you plan to reach them?

What makes your idea different?

What makes your idea different? What is your competitive edge how do you plan to sustain it?

The program is designed for a group setting in which WT Enterprise Center staff work directly with entrepreneurs and founders. The collaborative work space makes for a dynamic process that allows for full potential of the idea to be discovered. Hatchworks includes the following resources:
A Business Model Canvas methodology that empowers you to discover and articulate the commercial opportunity for your idea. Practical tips and visual tools to systematically step you through the process – no business experience required. Expert certified coaching support to guide you through the program and help you develop valuable skills in the commercialization process.

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