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Preconference Training: 31st International Conference on Business Incubation
March 25 - March 26$50.00 - $550
Join us before the start of our main conference and take advantage of these full-day, in-depth training courses at Preconference. We’re offering all four courses required to obtain your Business Incubation Management (BIM) Certificate, as well as other courses from InBIA’s robust training catalogue. NewCo Academy courses will certify you to train the entrepreneurs with whom you work on specific tools and concepts, and the specialty courses will provide you with new skills and information to apply immediately at your program.
All courses will begin at 8:30am and conclude at 4pm, you can only attend 1 course per day.
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Saturday Courses (you may only attend one) – Scroll down to register
BIM Course 1: Establishing Successful Entrepreneurship Programs (8:30am – 4pm)
The first course in the BIM program provides foundational concepts and methodologies for establishing and maintaining a successful entrepreneurship program in a variety of markets. Within the course, participants will learn about trending industry models for developing a strong, market-driven value proposition, mission and goals. The course has a special focus on identifying the entrepreneurial ecosystem and the components that drive a sustainable market. Participants will also learn about company application and selection processes and how to align organizational mission statements and community interests.
BIM Course 3: Finance and Operations for Sustainable Entrepreneurship Programs (8:30am – 4pm)
The third course in the BIM program explains how to develop sustainable financial models in different types of entrepreneurship programs, including incubators, coworking spaces and accelerators. Participants will learn about the operational fundamentals (e.g., policies and procedures) that aid in developing sustainable financial models. Other topics include financial forecasting and cash management, new program capital needs, implementation of diversified revenue streams, managing operational expenses, and banking needs. Participants will also find out how to diversify courses of funding and revenue based on program type and nature of the community engagement.
Business Model Canvas/Value Proposition Design Bootcamp for Entrepreneurship Programs (8:30am – 4pm)
This course teaches participants how to facilitate a one-day bootcamp on the Business Model Canvas tool and best practices in designing sustainable value propositions. Alex Osterwander’s Strategyzer team developed the content exclusively for InBIA, and participants will be certified course facilitators with the tools and content, including the template for the Business Model Canvas, to deploy this bootcamp at their own programs. Learners in this course will receive 2 Strategyzer books, which serves as the foundation of their curriculum. The BMC course can be a stand alone program or combined with the LEAN startup course for more comprehensive implementation methods and strategies for startups.
Leveraging Your Facility to Create Community and Generate Revenue (8:30am – 4pm)
Startup companies thrive in places where people can work, learn, innovate, get support, feel secure, participate in community, and be inspired, so programs that simply provide and manage facilities instead of using space to create community are at a disadvantage. This course will help program managers look at their facilities with new eyes and turn their biggest expense into their biggest asset. Topics will include community culture, critical aspects of coworking spaces, how to adapt an existing space, what to look for in a new space and more. Participants will also find out how to identify new revenue streams their space can create, including events, accelerator programs, pre and post incubation services, maker spaces and anchor tenants. Everyone will leave with a list of resources and knowledge of what next steps to take.
Sunday Courses (you may only attend one) – Scroll down to register
BIM Course 2: Guiding Companies: Leveraging Resources and Strategies (8:30am – 4pm)
The second course in the BIM program explains how to implement industry best practices to ensure an entrepreneurship program is providing high-impact programs and services. The course focuses on company selection and retention, development and deployment of relevant services and programs, and how to establish effective resource and mentor networks. Program managers will be able to show stakeholders and potential clients the connection between the services they offer and the value they provide to startup organizations. They will also learn how to properly allocate resources across programs to aid companies in various stages.
BIM Course 4: Design and Management of Facilities that Serve Entrepreneurs (8:30am – 4pm)
The fourth course in the BIM programs explains how to select, manage and maximize the facilities in which entrepreneurship programs reside. Topics will include best practices for site selection, necessary facility specifications, operational agreements, furniture/fixture/equipment (FF&E) budgeting, maintenance, and service contracting. The course will also provide tips on how space design and layout can maximize program revenues and how building systems can save energy. Participants will be able to outline standard maintenance and operations procedures, outsourcing, contracts and practices for a multi-company facility.
Startup Business Models and Pro Formas That Attract Investors (8:30am – 4pm)
Financial modeling plays a critical role in startup success, yet is a challenge for many. This course equips participants to teach entrepreneurs how they can build sustainable revenue streams, attract new investments and secure bank financing by developing the profitable business models and pro formas that are important components of early-stage valuation. Topics will include the connection between pro formas and valuation, how to use income statements to prepare accurate pro formas, and best practices in investor presentations. Participants will become certified facilitators of this topic and will have access to all the materials need to deliver this course themselves.
Metrics That Matter (8:30am – 4pm)
Proving program success and impact through performance indicators is key to helping entrepreneurial support programs attract clients, sponsors and external funding. Participants will learn how to identify factors that are most critical to their own programs, and will find out about effective tools for gathering relevant data and also for tracking and reporting key program metrics. By the end of the course, participants will be prepared to obtain meaningful success metrics and report them to stakeholders and identify appropriate and meaningful ways to report success metrics to stakeholders and funding agencies.
An Ecosystem Development Workshop: Build your Community Framework to Accelerate Regional Collaboration (1pm – 5pm)
This session, offered as part of a new partnership between InBIA and the community acceleration program CO.STARTERS, will give participants the opportunity to create or refine their communities’ entrepreneurship roadmaps using newly-developed exercises and proven tools. Leading regional innovation ecosystem developers will guide participants through every aspect of the development of their roadmaps, including stakeholder/asset mapping (community discovery), program vetting and deployment planning, and early assessment resources (community health check-up). Don’t miss this one-of-a-kind, immersive session for entrepreneurship centers.
Please contact [email protected]for questions about enrollment and Preconference Training courses.