Incubation and acceleration programmes are on the rise and are a key focus for Silicon South. Recently Nesta, in association with the UK Cabinet Office, released its findings on what makes these programmes successful in the report “Good Incubation”. The report looks at international programmes including impact accelerators, co-working spaces and impact investors to provide an overview of what the UK should be investing in for effective incubation and acceleration programmes.
To launch this report Nesta hosted a panel discussion with various global partners. Its recent post features short videos from the USA’s “Unreasonable Institute”, Nigeria’s “CcHub”, Sweden’s “Shift”, Brazil’s “Artemisia”, and Village Capital’s international investment programme that give an overview of international challenges and successes in incubation.
Each speaker discusses their own version of an incubation programme and how that’s worked for them, and where they are still struggling. For example one theme that arises is how to make a profit from these programmes that can mean they become truly self-sustainable.
This report provides a global lesson in incubation and networking practices but what about our own local needs? What would benefit our own entrepreneurs and provide a sustainable legacy of digital innovation for Dorset? Let us know your thoughts in the comments below.