The case describes the project selection process of an Israeli technological incubator screening potential entrepreneurial ideas. The function of an incubator is similar to that of venture capitalists, but the projects are at an early stage and funding comes from the government. The case includes three illustrative examples of entrepreneurs who apply to the incubator with their proposals, showing how the incubator monitors the progress of and creates value for the project that is selected, and its efforts to prepare the entrepreneur to “graduate” from the incubator.
The case illustrates how early-stage new technology ventures are assessed and selected when investment decisions are made by a technological incubator. The case focuses on finding the key characteristics of a good entrepreneur and recognising the key selection criteria used when the viability of each project is examined before making the investment decision.
- Technological incubator
- Portfolio project selection criteria
- Investor relationship
- Entrepreneurial idea