CREATE
BRING YOUR BUSINESS IDEA TO LIFE!
CREATE business incubator program turns an idea into a successful business model through problem discovery, customer identification, assessing the target market and understanding financial options.
BUILD Your Business with
INNOVATION STUDIO'S CREATE BUSINESS INCUBATOR PROGRAM
The CREATE Business Incubator Program will set your business up for success from the start. Aspiring entrepreneurs and business owners will create a business model, identify their customer base, gain an in-depth understanding of their target market fit and learn about available financing options.
This program is specifically designed for aspiring entrepreneur or small business owners who have either completed the Innovation Studio INSPIRE program or those with a well thoughtout business idea.
what you Will learn
Throughout this business program, participants will develop and validate a business idea, gain a deeper understanding of their target customers, explore the different financing options for startups, and implement the most appropriate model for their business idea and structure.
Program Topics
Reality as we know it can be transformed with business models that are born, grow and become tangible with the clear purpose of improving the world. We are committed to finding solutions to achieve prosperity and social mobility.
Discover what it means to be a Game Changer by putting into practice their skills, knowledge and experience to solve the challenges, through the creation of a business idea.
Discover the Problem!
Many have either heard or said the phrase, “Teamwork makes the Dream Work.” That is because teamwork maximizes individual strengths by leveraging the strengths of multiple team members. The team is then able to utilize everyone’s strengths without being held back by areas of improvement.
Ideas often grow exponentially, when participants are encouraged to think quickly and without fear of judgment. Rapid ideation uses the power of groups to create a volume of new ideas/solutions that are evaluated shortly thereafter.
In this session Entrepreneurs-In-The-Making will discover the power behind a team, but above all, the power behind an idea that will change an entire reality.
Who Has the Problem?
The expression “opening a can of worms” means trying to solve a problem and to solve a problem we need to know the root cause and what the pain is.
In this session, participants will learn to better understand who their customers are through a deeper exploration of their environment, their unique view of the world, and their own needs. We will get into the customer’s mind and find out what they think and feel at the moment of making a purchase decision.
Create a Solution!
Will your business idea change the future or will the future change your business idea?
A well-formulated problem is half the solution, so one of the biggest challenges for entrepreneurs is turning their ideas into workable plans. Anyone might think they have a solid idea, but taking thoughts from paper to action can be much more challenging. In this session Entrepreneurs-In-The-Making will learn how to turn a business idea into a business model.
Develop the Solution!
Once you have early validation that your idea may have viability, how do you define your target market and target audiences? How do you decide which features your product/service should have? How do you prioritize the features of your product/service?
This session will help Entrepreneurs-In-The-Making research and define their target audience and create a basic user persona. You will be introduced to techniques to turn your customers’ observations into product/service features and how to prioritize the features for development.
Finance the Solution!
No matter how good a business idea may be, an essential element of a successful startup is the ability to obtain sufficient funds to start and grow the business. While many people finance their startups with their own capital or by borrowing money from family or friends, there are other options available. But startup founders should understand that getting money for a startup is never easy and often takes longer than anticipated.
In this session, we will review the main sources of funding available for any startup.
PROGRAM schedules 2024
Fall Cohort 2024 | September 25 – October 30 | Tuesday, Thursday evenings |
Winter Cohort 2025 | TBD | TBD |
Spring Cohort 2025 | TBD | TBD |
Contact: Marisa Nieves, Director of MA Programs | Marisa.Nieves@innovationstudio.org |
Winter English Cohort Schedule | Time |
January 11, 2025- February 15, 2025 | Every Saturday, 9:00 – 11:00 AM 222 Manton Avenue, Providence |
Contact: Amy Erickson, Director of RI Programs | amy.erickson@innovationstudio.org |
Contact: Cynthia Munrayos, RI Community Engagement Coordinator | cynthia.munrayos@innovationstudio.org |
Program benefits
We’ve got you covered! All of our programs include the following benefits for you.
1-2-1 Technical Support & Expert Advising
Work with an expert advisor to ensure you have the right entrepreneurial guidance for the growth and learning journey.
Certificate
Earn a Certificate of completion and share it with your business network, friends and family.
Networking
Participate in networking events and interact with your peers and learning facilitators to share ideas and solutions.
Flexible TRAINING SOLUTIONS
Access tailored sessions designed to accelerate your learning process through diverse activities.
BUSINESS RESOURCES
Gain access to Innovation Studio’s comprehensive network of business resources and connections.
Highlights from Innovation Studio in action
We’re not new to innovation! We’ve been leading these efforts for a decade. Since 2010, Innovation Studio has been helping entrepreneurs and innovators to start and grow their businesses. Hear from our community and spread the word!