The program is divided into three steps, each with certain prerequisites that must be met in order to proceed. The goals and prerequisites for every step will be determined more elaborately, case-by-case with each team. The teams are provided assistance during the program in the form of webinars held by both entrepreneurs and university teachers specialized in entrepreneurship. The teams will also have access to different kinds of tools, for example Hubspot, G Suite and Photoshop, and have the possibility to receive financial support up to 4000€ during the entire program.
Once you have been selected to the program, you will be invited to a second meeting where more detailed steps will be planned together with the Ignite team. After that you will receive a budget of 500€ for the project and you are ready to start on the program!
In this three-week period the main focus will be on idea generation, validation and market analysis.
During the second stage the focus will be on building a prototype. In addition, the teams will start contacting important stakeholders such as customers and subcontractors. The goal is to get the first feedback from the stakeholders for product development.
This stage focuses on the future - planning a more detailed business plan, budget and scheduling to make it easier to continue the project after the program. The final goal is to formally establish a company and obtain a business ID.