Barama Innovation and Entrepreneurship Center provides residents with a specially prepared incubation program to turn their ideas into business.
The incubation program is governed by 3, 6, 9, 12 and 18 months contracts.
In addition to the specific methodology of this program, each project is especially growing with the participation of project managers in a specific form with its characteristics.
The incubation program begins with the development of the project with the participation of the project manager and the center's management.
Depending on the needs of the startup, each stage is measured by specific performance indicators and provided with necessary help and support by the center.
Within the framework of mutually beneficial cooperation, the project together with Barama turns its idea into a step-by-step business and begins to function as an independent company at the end of the incubation period.
Incubation program includes following training sessions regarding:
- Market research
- Product development process
- Creating a prototype (MVP) : Test the prototype
- Legal Framework
- Finance Essentials
- Funding rounds
- Incorporation of business
- Marketing and Sales Strategies
- Patents and Trademark