RIC Incubator Program Incubator16 Low Conversion & Closing Rates Stunting Your Growth? What if there was a way to get access to top-tier mentors and advisors, expert-led workshops, founder peer-to-peer networking, and join one of Ontario’s next biggest innovation ecosystems?RIC Centre’s Incubator program is for innovative tech entrepreneurs with initial market traction looking to access resources and training to increase sales and marketing efficiencies. NOT REACHING YOUR SALES GOALS? Is your innovative solution unable to grow its’ market traction? Sales & marketing is the art of learning how to effectively communicate your solution to your ideal buyer!Whether you are B2B or B2C, this 6 month program will provide you with intense sales and marketing coaching, Peer to Peer sessions, 1:1 mentorship, office space, and more. DOES THIS SOUND LIKE YOU? You have an innovative technological solution to a compelling problem You have a fully developed technology (at least a MVP that is ready to sell) and your target customer is well-defined You've validated product demand- some market traction or a pilot project You have some funding in the form of early revenue, investment from the founding team or friends & family, seed or angel investment, and/or government grants At least one of your team members is working full-time on the business with a focus on sales Your leadership team is collaborative and coachable with a commitment to the end goal of success GROW YOUR PRESENCE IN THE MARKET TRAINING Weekly virtual sessions with industry experts to help you build a communication/marketing strategy for your ideal buyer Weekly virtual sessions with industry experts to create a sales foundation optimized for growth Additional insight into pitching, exporting, finances, etc. MENTORSHIP Monthly coaching from one of our Entrepreneurs-in-Residence Deep dives with experts and advisors addressing the cohort needs and industry trends Regular coaching calls focused on making sure you meet your milestone objectives COMMUNITY CEO peer-to-peer learning sessions where you can share best practices, learn from each other and network Opportunities to network with strategic partners, investors and potential customers The opportunity to join us in our newly renovated office in the Brampton Innovation District HEAR IT FROM OUR STARTUPS THE ENTREPRENEURS-IN-RESIDENCE Meet the mentors who will help you bring your business to market faster. JAMES SBROLLA Cleantech James is an entrepreneur and veteran of the financial and environmental industries, bringing to the table over 25 years of experience from these sectors. Twitter Linkedin-in PAUL BARTER AI & Exponential Tech Paul is an innovation and entrepreneurship executive with over 30 years of experience helping tech-based businesses outperform and achieve market success. Twitter Linkedin-in ANGELA BOURNE Marketing & PR Angela is a marketing and PR professional with 15+ years of experience implementing cross-functional strategies for renowned brands across tech sectors. Twitter Linkedin-in GEOFF SIMONETT Investment & Finance Geoff is an accomplished entrepreneur with over two decades of experience in starting, growing, and exiting successful startups. Linkedin-in HOW TO APPLY Applications are now closed for Incubator16. It will run from August 2, 2021 to January 31st, 2022. Subscribe to our newsletter to know when applications open for our next cohort.When applications open, it will cost $299 + HST /month with an opportunity to rent office space with us in the Brampton Innovation District at an additional cost.The internal team will assess and, if eligible, invite you to complete a 5 minute presentation to our External Review Panel.Final acceptance into the Incubator program will be decided after the External Review Panel. Subscribe to Our Newsletter FREQUENTLY ASKED QUESTIONS What does Incubator16 mean? Incubator16 signifies the 16th cohort to start our Incubator program! Our most successful graduates often have leveraged both programming and our client support services to help them grow. Over the years, we see that although every entrepreneur’s journey is different, there are also areas of crossover especially when it comes to sales and marketing! What does an online incubator experience look like at RICC? Sessions will all be run virtually but have been designed to maximize engagement between our companies and our subject experts. We encourage peer to peer discussions and questions so that you can get feedback not only from the expert but your peers. This will be the 3rd cohort since we transitioned to virtual in March 2020. What will we be asked to present during the application process? If invited to present to our External Review Panel, we will send you a sample deck of the questions to answer. You will be asked to describe the size of the opportunity, your product, current business stage and significant milestones you are looking to achieve in the next 6 months, current market traction, and any funding that has already gone into your business. This will help us assess the Incubator program is the right fit to help you grow. Do I have to be a RIC Centre client to apply? You can apply before you register with us as a client; however, to take part of the program, this will be a requirement. Register here Registration is free and will bring you into our network opening up partner offers/discounts, access to MaRs resources, open workshops and events, and etc. We have over 600 clients in various industries that we support. Does RICC find customers for you? No, we provide in-depth training in sales and marketing alongside with strategic advice to help you find and convert customers. We are happy to make connections with industry when there is a good fit between the opportunity and your business. Not ready for Incubator? Get started on your sales journey with our free resource Whether you are B2B or B2C, sales requires a thorough understanding of your buyer and their journey. Use our Startup Sales Framework to help you think through the key elements of your sales cycle along with templates and tips for getting started! Download the Free PDF
