• Facebook
  • Twitter
  • LinkedIn
  • RSS
  • Untitled design - 2020-12-10T150439.167.

Frequently asked questions

What is the purpose of this network and its training programs?


To scale the impact of incubators across the world through a collaborative network that deploys proven resources and leverages partnerships.




What will members gain by joining the Villgro Impact Network (V.I.N)?


Knowledge

  • Experiential: Villgro has, over 20 years of experience, developed specific competencies in
    • incubating social enterprises for BoP impact and
    • a refined incubation process for early stage enterprises, and
    • process knowledge in technology, business acumen, investing
  • Contextual: Villgro has competency in aspects of funding, projects, advisory, expertise, service providers
Tools+process aids
  • Villgro has developed knowledge assets that improve efficiency + effectiveness of social enterprise incubation.
Mentors
  • Mentoring / handholding for incubator members - as part of membership.
Network connects pan-network, through forums
  • Across geographies that Villgro operates in,
  • To service providers for technical assistance across the network
  • For market access through member incubators’ networks
  • For sourcing and hiring talent for specific roles in a collaborative and transparent manner




Who can apply to be part of these programs?


Incubators / Accelerators with a mission to support impact oriented social enterprises and its active staff.




How are members chosen?


Members are chosen by Villgro USA's - Incubation Committee based on :

  • Geography of interest - alignment with V.I.N expansion strategy
    • Cohort 1 - Currently USA-based incubators
  • Social Impact Orientation
    • Incubators that are looking to expand into impact incubation and enhance effectiveness of incubation.
  • Execution capability and incubation experience
    • Preferably - existing incubators with an initial portfolio and/or financial support
    • New incubators, if there is a strong impact alignment
  • Villgro value-add potential
    • Incubators where there is a large potential for value-add by Villgro in terms of Base-of-pyramid orientation, unlocking local impact funds, process implementation and accelerating incubation progress are preferred.




What do members get from Villgro Impact Network?


  1. Replication Guide / Playbook support
  2. Introduction to VITALS system
  3. Training sessions - on the incubation process
  4. Peer Learning Sessions - best practices shared by practitioners
  5. Handholding (mentoring) - custom diagnostic recommendations
  6. Networks – forums to connect with other members




Is there a V.I.N charter you can share?


V.I.N Members Charter: Members of V.I.N strive towards excellence in our chosen mission. Members are aligned to this global goal, this single and unified purpose, of positively impacting lives at the base of the pyramid. Members want to achieve this goal through innovation and entrepreneurship. To realize this goal, members will incubate innovative entrepreneurs. In this shared effort of achieving this, members are coming together and will grow together. Members commit that they will:

  • execute best global practices in incubation
  • participate in periodic reviews to become the best in what they do
  • be impact focussed and commit to measure and report on impact annually
  • generously share knowledge & learn from each other
  • share networks and become powerful as a collective
  • together inspire the best minds to work on incubation
  • strive for inclusion and diversity, in teams, boards, incubatees they serve
  • be climate responsible
  • be fair, ethical, empathetic and demonstrate high integrity in their actions
  • collectively represent the voice of the incubator community at the global level and have our voice heard




When does the next cohort begin? How do I apply?


Deadline to apply for the next cohort is March 31, 2021. You can apply here




Will the training be online or offline?


The current plan is to provide online training through virtual sessions. We may hold in-person regional programs - post-pandemic.




Who will mentor the members and how?


Our Villgro-hub leaders, who have significant experience in leading / launching impact incubators will mentor incubator members. The engagement will happen over regular virtual sessions.




Will Villgro USA grant funds to its members?


This is in the works. In the near future Villgro USA plans to support its members through multiple avenues:

  • a capacity-building grant for scaling,
  • short-erm credit for SE's of its members
  • and eventually direct investment into the incubators (or their funds) through a 'fund of incubators'.
Stay tuned for more details.





Would you like to be part of our Journey? Get in touch