Test the viability of your startup ideas
Accelerate your venture with the Concept Pre-Incubator. Students will explore customer discovery and validation while creating a network of founders to share knowledge and resources.
Test Your Idea, Build For Success
This 12 week program will take student teams through the ringer and test the feasibility of their ideas. The Concept Pre-Incubator program has six segments, each focusing on a different aspect of what it takes to build a successful startup. Work closely with a multitude of Concept Coaches and Velocity Business Advisors as you test your hypotheses about your problem and solution using customer input. Build out your venture’s story, validate your business model and value proposition to best meet the needs of your customers.
Test Your Business Potential
Perform extensive direct research in your problem space and on your proposed solution. Go beyond seeing if people like your idea to seeing if they would pay for it. Use customer feedback to validate and enhance your solution.
An Experienced Support System
Work closely with experienced startup founders who have been through the process before. Let them guide you to success as they share best practices, resources, and in depth advice. Learn from their mistakes, and share in their triumphs.
Build Your Network
Beyond the Coaches and Business Advisors, the Pre-Incubator will expose you to other entrepreneurs at your stage. Learn and help each other grow as you work to build on your ideas. Make friends with your fellow founders and find success together!
Eligibility & Requirements
We are looking for students that have advanced past simply “having a great idea” and have put demonstrable effort into defining their problem and creating a solution. These students/teams must meet the criteria below:
- At least one team member must be a current student at the University of Waterloo
- Teams/Students must demonstrate that they have taken meaningful steps towards exploring the potential of their idea i.e. market research, prototyping, go-to-market strategy, etc.
- Are ready to commit significant time and effort into developing their projects to meet business milestones
If you have any questions about the program, eligibility, or want to discuss it further, contact John Dick.