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Startup Notes

What type of businesses are accepted by ImpactBase?

What type of businesses are accepted by ImpactBase?

We accept all business types. We are most excited about business concepts that: 1. Solve a clear problem 2. Fill a gap in the market by doing something fundamentally different 3. Have the potential to scale nationally or globally We also love concepts that address a...

What is an MVP and how do you prove product-market fit?

What is an MVP and how do you prove product-market fit?

Every Startup needs  three core components to succeed: 1. A great team 2. A great product 3. A large market that loves the product.MVP A minimum viable product (MVP) is one of two outcomes entrepreneurs will produce in the ImpactBase Pre-Seed Program. It is also one...

What is a Pre-Seed Incubator?

What is a Pre-Seed Incubator?

The startup world has investment stages which are often used to classify the maturity of companies: 1. Pre-Seed 2. Seed 3. Series A 4. Series B, C, D etc 5. IPO This is what they mean   Pre-Seed ImpactBase focuses in the pre-seed stage of a startup. Pre-seed...

What is a Startup Incubator?

What is a Startup Incubator?

A Startup Incubator's  sole purpose is to provide a place that helps entrepreneurs grow their new (startup) business. Startup incubators usually focus on businesses that either are not yet generating revenue, or have only just started generating revenue.You might have...