Do You Have A $5,000 To $25,000 Business Idea? Checkout The CcHub
Have you identified a clear need, a large potential customer base and the right solution? Do you have a team to take the idea to market? Do you need help to develop your idea into a viable business model? Look no more. The CcHub PreIncubation Programme is ready and waiting for you. All you need to do, to access between $500 and $25,000 to commercialise your idea, is to meet four conditions, as set out by CcHub. Hear them: 1. A Clearly Defined Problem/Need/ Opportunity The business must not be created solely for making the most money possible. They must also provide important value to a large number of potential customers. You must answer the question. What’s the problem? What is the need you are seeking to address, the problem you are seeking to solve or the gap you seek to fill for the customer. You need to explain the need from the point of view of the pain you are seeking to ease for a specific customer segment.
2. An Identified Segment of Society Who has the problem you are trying to solve? You have to clearly define your customer segment, and design your product to address their pain points. You are expected to state your primary target segment and identify your high priority segments with a clear need that your solution can address. 3. A Simple and Creative Solution You should be able to articulate the solution you are proposing in not too many words. Show a direct link between your solution and the problem you want it to solve. The novelty in your idea could be in the product, the process or the business model. Say what it is, short and sharp, in a way that brings out its uniqueness. Explain why yours is not another me-too idea, and showcase the unique value that you are proposing. 4. The Passion and Competence to Execute A good promoter or team behind an idea is essential to its success or
otherwise. A great idea also needs competent execution. The founding team must have two things: Passion and Competence. You need passion to drive you to make a difference, and the training and skills required to run the business that will deliver your product or service?. You , as a prime mover of the idea, must demonstrate that you possess the core competencies to deliver on the idea and the know-how to engage any experts that may be needed on the team. You must show that you and your team have the passion and competence to execute your idea. You have to answer the question: Why you? Do you score you and/or your team high on these four conditions, and you are ready, willing and able to move forward with your venture? Yes? Youmust be a perfect fit for the CcHub Pre-Incubation Programme. Apply, now, at bit.ly/CcHUBPreInc.