Hello Future Innovators!
What is Innovator Incubator?
Innovator Incubator is a dynamic program aiming to bridge the gap between traditional education and practical entrepreneurial skills.
The Innovator Incubator program stands out with its focus on real-world business experience, offering a comprehensive curriculum that covers ideation, business plan development, legal and financial fundamentals, branding, and launch strategies.
The program, running in three-month cycles, blends classroom learning with practical assignments, ensuring a robust entrepreneurial mindset. It's limited to 12-15 students per cycle, ensuring personalized attention and a supportive learning environment.
This initiative not only equips young individuals with vital business skills but also addresses broader community needs by fostering economic innovation and diversity. The Innovator Incubator confronts the disconnect between conventional education and modern business demands, empowering youth with confidence and knowledge to start their ventures. It contributes to community revitalization and economic resilience by nurturing self-reliance and problem-solving skills in the younger generation. The program's unique profit-sharing model further incentivizes students, linking effort with reward and fostering a collaborative community approach.
How long is an Intensive?
The "Innovator Incubator" intensive is not just a course; it's a three-month entrepreneurial odyssey. Imagine this: a quarter of a year, or approximately 90 days, where each day is a step forward in the journey of business mastery. It's the time it takes for the Earth to journey a quarter of its way around the sun, and in that same period, a participant in this program will orbit through the entire lifecycle of a business, from the spark of an idea to the final steps of closure and reflection.
These three months are meticulously designed to be more than just a measure of time; they're a carefully crafted experience. Each week, participants dive deeper into the heart of entrepreneurship. It's like compressing years of business learning and experiences into a 12-week rocket ride of knowledge, skills, and real-world application. In this span, young minds will not just learn but live the life of an entrepreneur, making it an intensive that's not counted in days, but in invaluable lessons and experiences.
Who can participate?
Filmore County teens between ages 15 and 18.
These young minds stand at the threshold of adulthood, making them the perfect candidates to dive into the world of entrepreneurship.
This program isn't just for any teenager; it's for those who call Fillmore County home, ensuring a community-focused approach. These teens, through the intensive, have the unique opportunity to not only shape their futures but also to contribute to the local economic tapestry, weaving their youthful insights into the fabric of Fillmore County's entrepreneurial landscape.
What's the time commitment?
3 months, including at least twice weekly meetings.
The "Innovator Incubator" program, while an immensely rewarding experience, does require a commitment of time and dedication, not just from the participating teens but also from their supportive guardians. Over the duration of the 12-week program, participants are expected to attend two essential meetings each week. One of these is an instructor-led session that offers structured learning and guidance, while the other is a student-led meeting that fosters collaboration, discussion, and peer learning.
In addition to these meetings, as the program progresses towards its climax – the business launch – participants have the option to immerse themselves more deeply in their business ventures. This can involve dedicating up to 4 hours per day to the business, a time when they will be actively applying what they've learned, managing their operations, and engaging in real-world entrepreneurial activities.
Guardians also play a vital role in this journey. Their time commitment comes in the form of supporting their young entrepreneurs through the learning process, aiding in fundraising efforts, and providing guidance as these teens work, grow, and navigate the challenges and triumphs of running a business. This involvement not only enriches the experience for the participants but also creates an opportunity for bonding and shared learning within the family. The "Innovator Incubator" is more than just an educational program; it's a family AND community engagement opportunity, nurturing the growth of both the business and the relationships that support it.
What's this gonna cost me?
$25 per week/ $300 per Intensive
Embarking on the "Innovator Incubator" program is a venture that offers exceptional value, especially considering its cost and structure. Priced at just $25 per week, the program is an affordable gateway into the world of entrepreneurship for Fillmore County teens. This modest investment, which totals $300 over the 12-week period, is particularly remarkable given the comprehensive nature of the program.
How do I sign up!
Use the contact us form and let us know you're interested! We'll forward you the application packet that includes sections for both the guardian(s) and the innovator in training.
THE INNOVATOR INCUBATOR PROGRAM
Key Program Components
The "Innovator Incubator" program offers a comprehensive entrepreneurial learning experience, focusing on practical aspects of starting and managing a business. Here are ten key components of the program: