The Incubator of the Year Award

Incubator Profile

Full Name of the Incubator:
Country/Region:
Address:
Postal Code:
Website (if any):
Founded Year:		Main stakeholders of the incubator:
Number of employees:		Number of Tenants/Incubatees:
Ownership of the incubator:
Affiliated to:
Sectors:
Name of legal representative:		Title of legal representative:
Name of contact person:		Title of contact person:
Email of contact person:		Tel of contact person:
Incubator Overview (less than 300 words)

For each of the facets below, please summarize the main features of the proposed incubator in no more than 500 words.

A. Competence of Board and Management Team (15 points)

Describe the qualifications of the board and management team with specific reference to:

1
Number and affiliations/interests of the board members (academia, business, government, etc.)
2
Relative autonomy of the board from sponsoring organization and frequency of meetings each year
3
Names of sub- and advisory- committees to assist the board
4
Number and designations of management team members
5
Entrepreneurial experience, if any, of the incubator manager on running a business
6
Team’s experience in training or consultant services

B. Range of Services and Good Practices (20 points)

Describe the services provided by the incubator to its tenants/incubatees/portfolio companies:

1
Softlanding program, covering space renting, company registration, etc.
2
Counseling on business and financial management
3
Training on business plan preparation, entrepreneurship development, leadership
4
Networking with university, corporations, industrial players, other service providers
5
Facilitation in securing funds
6
Mentoring by the board and other external specialists
7
Innovative practice, e.g. in-house seed capital fund, pre- & post- incubation, business plan contests, etc.
8
Service fee and rental arrangements

C. Current Numbers of Clients, Affiliates, and Working Area (15 points)

Indicate key statistics of successful incubation, such as:

1
Number of graduating clients in the last year, and since the start of incubator
2
Numbers of present clients and affiliates being served outside the incubator
3
Anchor tenants/incubatees and their roles
4
Gross area in sq.m. of the incubator and its leasable area

D. Program Results – No. of Jobs Created, Patents (20 points)

Describe the incubator’s results in relation to its development objectives, especially regarding:

1
Numbers of jobs created in the incubator and by its tenants/incubatees
2
Patents taken by its clients, joint-ventures formed
3
Estimated personal and corporate taxes paid by incubator clients
4
Evaluation of the incubators' performance by the stakeholders and community.
5
Challenges that have been overcome to achieve the good results

E. Financial stability – Revenue $ Last Year vs Expenses (15 points)

Provide recent information on the incubator’s finances, such as:

1
Sources of revenue as well as any external subsidy with the percentage breakdown
2
Main items of expenditure, incl. depreciation if provided
3
Prospects of financial self-sustainability, if sustainability is an objective
4
Innovative ways of increasing revenue, cutting expenses
5
How was the initial cost of establishing the incubator financed

F. Success Stories – Two Examples of the Incubator’s Supporting (15 points)

Provide two case studies of accomplishments of the incubator, with elaboration on the contribution of the management team /the board during the whole process, for example:

1
Market entry achieved by a company with the support of the incubator
2
Venture capital attracted by a company with the support of the incubator
3
Vertical connections established with the support of the incubator

G. Attachments (if any)

1.Logo of the Incubator(in psd./ai./png.format)

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2.The information in this form is indicative. You may add and upload any supporting materials here, such as incubator brochures, award certificates, space pictures, newsletters to show the strength of your incubator.

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