The Process
If you are interested in turning your big idea into a reality, the first step is to apply to pairIncubator for inclusion in our upcoming incubation session. pairIncubator has two sessions per year: one in Spring and one in Autumn.
Here's a snapshot of our process:
- Submit your application by January 2, 2009
- We review all applications and meet with a select group of promising founders
- We determine which founders will be accepted and notify them by January 19, 2009
- You accept the offer and begin the 12 week incubation session. Usually, you'll retain over 90% of your company while pairIncubator keeps no more than 10%.
- We begin incorporating your business, and you begin to work on your idea
- We have initial meetings with the founders to determine the program, schedules, and your technology needs
- You'll attend bi-weekly meetings with experts and other successful entrepreneurs that will offer counsel and guidance as you grow your business
- Each month, you'll participate in open house presentations to demonstrate your business' progress
- At the end of the 12 week session, we'll discuss whether to extend the incubation session or some other action such as pursuing venture or angel capital
- If all goes well, you'll have a shiny, brand new successful business