So, what are we looking for?
In short, where we place you depends on the stage of your business, if it is making any money, and on the three things listed below.
We’re looking for founders with the drive and commitment who are ready to put in the time to create profitable companies. The founder’s team, experience, characteristics, and vision play an important role in our decisions to invest resources into a startup.
With all of the competing and alternative options in the world today, why are people going to buy your product or service? What problem is it solving? Is it doing something better? Is it making something less expensive? The first question you should ask yourself and that we will need to be convinced of, is what value does your product bring to the market? What makes it special?
We highly recommend that each concept or business grades itself on the business model canvas and value proposition. The business model canvas is a tool that helps to determine the strength of your business. How is it going to make money? What are your costs? What are the key pieces needed for it to work?
Here’s how Ignition’s process works
The Ignition process is simple and transparent. It starts with our application, which is needed to schedule a meeting with us. Once we review your application and reach out to you on what the next steps are,depending on the path that is most appropriate for you. Ignition does not charge to come in, work out of our center, and join the entrepreneurial community there.
Complete the initial application
Application is reviewed. We place candidates into one of our plans, or schedule a meeting. Expect to hear back from us in 1 to 2 weeks.
After initial meeting, applicant is determined to be a collaborator or incubator; or accelerator depending on the stage of their business and their needs.
If applicant enters the accelerator program, they must complete our founder application. A second meeting is held to determine level of investment, goals, and level of participation.