Innovation Center for Entrepreneurship (ICE) housed in RAKABNK Business School, is dedicated to enabling students and entrepreneurs achieve their dreams.
Creating an entrepreneurial venture is exciting as well as challenging. It involves taking risks and navigating unfamiliar and sometimes hostile territories. Innovation center for entrepreneurship helps students and entrepreneurs to break the ICE by reducing or eliminating stress and risks associated with new venture creation and gives them the confidence to build startup ventures.
ICE offers a range of ICE cool solutions targeted to serve the community. These services include:
Business Plan Evaluation Service
Provides a patented technology based solution to evaluate business plans. A quantitative and objective evaluation is made. Participant receive scores and customized recommendations
Helps to bring ideas to the market. Operationalizes most of the elements of the business plan. Supports in setting and launching a new venture
Supports in running and growing a business. Provides dedicated space, IT infrastructure, supervision and real time consultation
Technology Consultancy Service
Provides consultancy on ways to enhance opportunities for corporate innovation. It advices on creation of an entrepreneurial architecture that promotes innovation
Corporate Innovation Consultancy Service
Provides consultancy on technology and digital solutions suited for new or existing businesses.
Most of the startup ventures fail due to poor ideas, weak feasibility and insufficient viability. Business plans that are created for that purpose, but are unable to provide an objective evaluation of the business proposal. The entrepreneur.com reports that most of the business plan are poorly written, vague, and unrealistic. As a result, execution of business plans without an effective evaluation process increases business risk and chances of failure. Key questions that beg answers are:
What key metrics should be part of A business plan?
HOW CAN OBJECTIVE AND QUANTITATIVE MEASUREMENT OF A BUSINESS PLAN HELP ME TO MAKE MY DECISIONS?
How can I know about readiness level of my proposed venture?
Can someone give me specific recommendations?
ICE Business Plan Evaluation Service
ICE provides cool solutions to these problems. Using a patented Business Intelligent System designed to provide an objective evaluation of business plans, ICE provides a number of valuable services related to this problem.
ICE HELPS YOU UNDERSTAND THE METRICS RELATED TO DESIRABILITY, FEASIBILITY, SCALABILITY AND VIABILITY OF PROPOSED VENTURES. IT WILL WORK WITH YOU ON ONE METRIC THAT MATTERS THE MOST (OMTM)
ICE will provide you with an objective and quantitative score on all metrics of your proposed venture including an overall score
ICE WILL HELP YOU TO UNDERSTAND THE READINESS LEVEL OF YOUR PROPOSED VENTURE ON CONTINUUM RANGING FROM'NOT READY' TO 'FULLY READY'.
ICE WILL PROVIDE YOU A SET OF RECOMMENDATIONS ON EACH OF THE KEY METRICS AND INDICATE OVERALL READINESS LEVEL OF YOUR PROPOSED VENTURE
Corporate firms struggle to meet their innovation targets and achieve sustainable competitive advantage. The challenges of corporate innovation include barriers to creative thinking, lack of innovation process, inadequate resource mobilization, lack of learning and engagement, hierarchical structure, inability to manage incentive and quantifying results.
HOW CAN MY ORGANIZATION CONVERT IDEAS INTO INNOVATION?
HOW CAN MY ORGANIZATION INABILITY TO MOBILIZE RESOURCES FOR INNOVATION?
HOW CAN MY ORGANIZATION REMOVE INDIVIDUAL AND ORGANIZATIONAL BARRIERS TO CREATIVITY AND INNOVATION?
HOW CAN MY ORGANIZATION CREATE APPROPRIATE ORGANIZATIONAL FRAMEWORK FOR INNOVATION?
ICE Corporate Innovation Consultancy Service
ICE provides specialized consultancy on removing barriers to creative thinking and creating an organizational climate that promotes creativity and innovation. Using Creative Management Methodology, it enables corporate clients to strategize effectively and synergistically create an enabling framework suited to their innovation requirements.
ICE will provide a comprehensive understanding of inputs, process and output dimensions of innovation
ICE can help to understand resource requirements for innovation, relating to budgets, human resources and technology
ICE will aid in understanding and removing Individual and organizational barriers to creativity and innovation
Utilizing the Entrepreneurial Architecture framework ICE will assist in creating an entrepreneurial culture and structure suitable for innovation
Technology never stops evolving. Entrepreneurs, technopreneurs and startups that are not in sync with the technology struggle to compete and run the risk of failure.
What is the right digital solution for my venture
How can I get access to the technology I want
How can I build customized software solutions for my venture
How can I leverage my technology innovation
Consultancy on Technology Innovation
The technology innovation consultancy provides you with the right digital solutions to cater to your needs, which includes cloud computing, artificial intelligence, machine learning and robotics.