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Incubation Day 1 -Idea generation workshop by Shalendra Bhistt.


Today's session highlights which we won't able to cover due to lack of time.

1.Accelerators vs Incubators.

 Accelerators  "accelerate" the growth of an existing business, while incubators "incubate" an idea with the hope of building out a business model. So, accelerators focus on scaling a business while incubators are often more focused on innovation

Example:- A Prototype of a 3D printer which is MVP(Minimum viable product) needs incubators but for scaling it need an accelerator.


 2.Angel investor vs venture capitalists
 Angel investor successful business people who put their own funds in a startup at an early stage and also gave them guidance while venture capitalists are part of the big company for acquiring the larger company at a higher stage.

Example Sachin Bansal of Flipkart is an angel investor while Softbank of japan is a VC.

3.Seed funding Vs Bootstrapping vs crowdsourcing
Crowdsourcing asks for capital in exchange based on your MVP(Minimum viable product).
Kickstarter and Indiegogo are two very popular platforms startups. (Maçonites please visit the website)
bootstrapping refers to a self-funding process which proceeds without external investors.

4.Unicorn
A startup whose valuation crosses more than 1 Billion dollars.
India has almost 16 unicorns as of now including Zomato,swiggy,Freshdesk,dehlivery,oyo,ola,paytm, etc
Please also read These remaining terms.
5.Outsourcing vs manufacturing vs private label
6.omnichannel
7.Viability vs scalability 8.Alpha vs beta testing
9. API

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