We are strong believers in the Entrepreneur who takes control of the company to build something great. No hired person usually have the responsibility and dedication to push a company through the toughest of times.
FAQ Category: Here are some FAQ's on Startup Incubator and Venture Building
Why Does NEXEA Provide Startup Incubator/Venture Building Services?
We are Entrepreneurs ourselves, and we see opportunity everywhere we turn in the Startup world. More often than not, we see many Startup ideas that do not work based on our experience. Waiting for entrepreneurs to find the right business idea can take quite a while, and at any point in time, there are many traditional industries that entrepreneurs have yet to disrupt using technology.
Using our experience in Startup idea validation, market validation, growth validation, support services, investment advice, real mentoring, and more, we believe our Startup incubator / Venture Building services can help nurture the next generation of tech giants.
What Kind Of Companies Are We Building?
NEXEA builds tech giants of the future together with teams of entrepreneurs. These are companies that have the potential to disrupt or shift existing traditional industries using technology.
We also look for companies that can grow to a minimum size of 1 billion in valuations to justify the amount of risk we are taking. We venture into companies that are capital efficient only – meaning that investments should ideally go into technology & growth.
Do I Need An Idea To Be Admitted into Incubator?
No, Incubator applicants often seek to validate their business idea with like-minded individuals or to compliment each other when executions of the startups. NEXEA runs a Venture builder that looks to validate the Startup’s Business Model and connect with other founders.
What differentiates NEXEA Groups from Other Incubators in the Market?
NEXEA Group Sdn Bhd (Formerly known as NEXEA Angels Sdn Bhd) investments in startups are to align the niche industry expertise of our investors that may be a match to the startup, guiding the startup to avoid the potential pitfalls that our experts have made during their tenure.
Benefits of a Startup Incubator/Venture Builder?
NEXEA can help develop small ideas into much stronger ones with our ideation experience. You will not only receive advice on recruiting, engineering, operations, automated processes, technology platforms but also be able to significantly reduce the costs of launching and operating a startup.
At NEXEA, you will also receive support from mentors with extensive entrepreneurial experience as well as marketing and PR support. There is also access to workshops and business training to be able to develop your teamwork skills and leadership skills required in running a startup successfully.
What is a Startup Incubator/Venture Builder?
A startup incubator is a program that provides participants with workspace, mentorship, and community. The startup incubator definition is a collective, community-minded program for startup founders that is purpose-built to help founders succeed. Incubators may be specialized.