Coworking spaces and Incubators exist to provide small-business communities with nurturing resources and growth opportunities. Between an overwhelming uptick in shared-space communities worldwide and the switch to virtual working due to COVID epidemic, physical business incubators and coworking spaces are feeling increased pressure to deliver unique value to their resident members beyond wi-fi and coffee.
Now more than ever, Accelerator Programs need to be agile and tailored to the needs of regional businesses, universities, governments, and financiers, while delivering measurable Return(s) on Investment(s) for all involved stakeholders. CoFund360’s white-label Innovation Management System – our flagship product – when applied to coworking spaces, proof-of-concept centers, or maker/hacker labs, provides 360° coverage in the following areas
- Portfolio and Learning Management System and Software
- Private-label customized online community workspace and resource center for innovation program participants
- Tracks key performance indicators throughout the lifecycle of an investment, portfolio, cohort, and/or fund
- Measures ESG (environmental, social, governance) performance metrics
- Enables virtual learning through live video conferencing and customizable curriculum modules
- Crowdsourcing Resources, Culture, and Capital: A Solution for Shared-Space Communities
- Centrally manages community members and their related documents, data, team members, and in-platform actions
- Financial Management and Operations Plan
- Economic model to operate a financially sustainable accelerator or incubator that can generate Return on Investment
- Automated back-end financial, operations, and personnel reporting via Portfolio Management System
- Recruitment and Hiring Plan to identify Program Managers, Mentors, Strategic Partners, and Program Applicants`
- Daily Operations and Management Plan to be maintained by Program Managers and/or Executive Directors
Get in touch with our team if you are seeking to integrate an innovation program into a regional coworking space, maker/hacker lab, or proof-of-concept center.