Business Incubation Catalysts (BIC) provides a full spectrum of integrated services to its clients, which are customized to the needs for each individual client. These services include:

• Market Research and Analysis
• Strategic Planning and Feasibility Studies
• Business Plan Development
• Product and Process Design and Development
• Facility Design and Engineering
• Finance and Fundraising
• Project Implementation, Training, and Ongoing Monitoring

Additional detail is as follows:

Market Research and Analysis

• Trends and economic assessment of industry sector(s)
• Technology innovations assessment of industry sector(s)
• Regulatory assessment of industry sector(s)
• Assessment of public and private sector participation and policies in industry sector(s)
• Consumer demand: domestic consumption and export potential
• Industry supply: raw material availability and commercialization potential
• Sector evaluation, prioritization, and selection
• Best practices assessment – regional and worldwide

Strategic Planning and Feasibility Studies

• Development of stakeholder-driven process and partnering strategy: industry-government-academia
• Stakeholder assessment and identification
• Qualitative consumer research, including design and development of stakeholder focus groups and interviews
• Quantitative consumer research, including design and development of surveys for target markets
• Strategic Planning Process, and Facilitation with Stakeholder Groups
• Mission, vision, and values statement development
• Core competency assessment of host institution(s) and/or strategic partners
• SWOT analysis – strengths, weaknesses, opportunities and threats to incubation strategy

Business Plan Development

• Development of a financially sustainable business model
• Service model and outreach plan development - clients to be served and programs to be offered
• Service model and outreach plan implementation – clearly defined steps to achieve program goals
• Organizational needs assessment
• Impact measurement strategy
• Client screening and prioritization process development
• Client entrepreneurial training development
• Incubator marketing and client recruitment
• Legal structure options and recommendations
• Advisory Board Development

Product and Process Design and Development

• Assessment of local economy and regional raw material supply to identify opportunities for value-added concepts as intermediate or finished products
• Assessment of value-added products that can be domestically competitive, and manufactured at a lower cost and/or higher value and quality than an imported or locally produced product
• Assessment of value-added products that can be internationally competitive and of the proper product, packaging, and quality specification that are acceptable for export
• Technology transfer strategy and process

Facility Design and Engineering

• Site Selection Strategy
• Process design and engineering, that incorporates flexible processing and maximum service capabilities
• Plant design and engineering, and architectural renderings
• Equipment Determination and Selection, and Process Flow Considerations
• Compliance with local, state, federal and international regulatory and quality assurance authorities
• Organizational needs assessment, job description development, management team recommendations, hiring, and training
• Strategic alliance development, resulting in joint R&D, Marketing, Sales, Manufacturing, Distribution, etc.

Finance and Fundraising

• Development of a financially sustainable business and market model
• Revenue stream development, derived from fees for marketing, technical and educational services, and from tenant usage fees, copacking, and other models
• Development of comprehensive proforma statement, including revenue sources and expense sources from varied incubator operations
• Strategies to attract funding and collaborations from the private and public sector
• Identification of local, state, federal and international funding opportunities, and assistance with grant application process

Project Implementation, Training, and Ongoing Monitoring

• Project Management Services
• Ongoing Mentoring and Counseling/Consulting
• Training Program Design – Entrepreneurship Development, Business Basics, Good Manufacturing Practices, Good Agricultural Practices, Value-Added Technologies, Marketing, Sales and Distribution, etc.