The business pre-incubation program organized by Turbine in September this year ended on October 19, 2018.
The Pitch
The participants had the opportunity to present their project in the form of a “one-minute pitch” to a panel of investors, professionals, business angels and their family members.
Of these 30 projects, only 28 went to the end and were able to present their Pitch.
We had as providers, Gemstone, Compass Venture Capital, Ict.io, OXO, Alinae consulting and an individual and personalized coaching service that allowed the participants to really work deeply on their idea.
Why Test Drive?
Turbine, business incubator of the ENL Group has the mission to support entrepreneurs in their career as innovators and identify projects with high potential, the Test Drive is the first step where the entrepreneur deepens his idea and sees or it can go.
The Test Drive is a program of 3 evenings where professionals selected by the Turbine deliver workshops and give the practical and necessary advice to come up with a business plan.
Turbine’s aim is to continue to support these entrepreneurs with the incubation program which lasts 12 months and offers weekly business coaching, a free work space, access to the network, exposure, tailor made workshops, 30 free hours of access to experts such as legal, marketing, digital, finance and other relevant fields.
The results
We were fortunate to have a passionate and very talented group who really wanted to develop their business idea, the workshops were enriching with an atmosphere of collaboration and mutual aid.
The participants came out of the Test Drive with a clearer idea of their project, who are their customers, what are the benefits of their product or service, how much revenue will be generated and how much they need to develop their solution.
Turbine team also learnt a lot from this experience. We have helped and accompanied 30 project leaders closely the past 4 weeks, now they need to decide whether to go ahead or not.
Seeing their motivation level on the pitch day, we are looking forward to see them all thriving in the coming years.
