Hi Jonathan,
From my experience with TTP Ventures (a venture capital group in
Cambridge), it might be good to establish the incubation process. These
aspects seem unavoidable:
1. Define the scope of the incubator, to discriminate acceptability of
proposed projects.
2. Maintain an inventory, or a register of all projects.
3. Establish offered stages of incubation, the basic project development
services that can be offered to embryonic projects.
4. Establish an investment board and community, to advise and decide on
project proposals, to plan and track investment in each project case,
and to decide on project exits.
5. Establish modes of solicitation of new project proposals.
6. Decide operating period, resource budget, target outcomes, reviews.
Hope that helps!
John.
Jonathan Gray wrote:
Just to follow this up, here is something a bit like what I would hope
for in the longer term with OKF incubator, at the University of
Edinburgh...
"IDEA lab is a virtual laboratory that will facilitate prototyping of
novel applications of state-of-art informatic technologies. IDEA lab
will enable and support multidisciplinary "proof-of-principle
prototyping" (POPP) projects that develop and use informatic tools and
techniques to: (i) collect and manage data, (ii) discover and
visualise structures and relationships; (iii) model, simulate and
analyse processes, (iv) facilitate collaboration and create
communities." [1]
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