Virtual Online Incubator Program (VOIP)
Help for all Nevada entrepreneurs in Nevada | Incubating Ideas and Companies without limits or deadlines
VOIP primarily focuses on companies in the FEASIBILITY stage and related phases
Companies register to join – all are admitted. Being an entrepreneur can be enormously satisfying, but it is not easy.
VOIP is free to join – and many, but not all, resources on the platform are free to use. VOIP is designed to help entrepreneurs who want to start and grow a sizable business – and who are probably looking to raise capital.
To get started, entrepreneurs complete a thorough registration interview form. Based on the answers, entrepreneurs are provided a feasibility score on a 0-5 scale, an action plan with specific objectives to improve their score, and the resources to complete the objectives in their action plan. For those looking to raise capital or “graduate” to the accelerator program, scores in the 3.2 to 3.7 range signify readiness for the accelerator and to raise capital from outside investors.
Unlike our accelerator program, there are no limits on the number of companies in the program. There are also no requirements for the companies to be at or beyond a certain stage, have founders working full time at their business – or to complete the program in a specific length of time.
No Limits – No Deadlines – No Revenue Requirements
Unlike our accelerator program, there are no limits on the number of companies in the program. There are also no requirements for the companies to be at or beyond the beta / MVP or revenue generation stage… the idea, concept validation, or product / solution development stages are perfectly fine. There is no requirement that founders be working full time at their business – or to complete the program in a specific length of time. This program is designed for entrepreneurs who are getting ready to go to market, testing their ideas, forming their plans — the “early days”… but who are looking to advance as quickly as possible and eventually get access to capital.
Our non-profit accelerator follows a pay-it-forward business model – to help us grow a robust, inclusive ecosystem.
VOIP is free for all to access and use. Virtually everything an entrepreneur needs to start and grow a business is available on VOIP – starting from the original idea to launch, revenue generation, raising capital, securing a patent, developing an app / website, creating marketing plans, creating pitch decks, finding a mentor — and so much more. Many of the resources on VOIP are free to use, but some of the courses, professional service providers, and mentors charge a fee for their services. Service providers who do charge a fee donate 10% of their gross revenue to StartUpNV to help pay for the operational costs of the VOIP platform.
StartUpNV is run primarily by volunteers, but we do have operating costs and seek corporate sponsors, donors, and government grants to fund our operations until the equity positions from our accelerator program become liquid.
Raising Capital is a priority for many incubator companies – and is a priority of ours too.
The action plans generated in and by VOIP are focused on startup basics — and the extra steps required to raise outside capital from people who don’t know the entrepreneur personally (beyond friends and family). Whether or not the entrepreneur’s focus is raising outside capital, the action plans provide a great foundation to build upon. If an entrepreneur is focused on raising capital, those same action plans are a personalized DIY guide to getting a business in the kind of shape required for outside investment – whether it’s from our accelerator fund, FundNV – or another part of our network.
Entrepreneurs – get your feasibility score into the 3.2 to 3.7 range, be focused on a successful exit within 7-10 years — and have the confidence that your business is fundable.