State and local governments are playing an increasing role in stimulating technological progress: creating technoparks, accelerators, hackerspaces and grant funds to promote their city or region as a center of new technology. Unfortunately, these activities are often poorly coordinated and, therefore, ineffective.
EnCata offers a comprehensive solution for startup development, unifying various State aid programs into a continuous chain from "idea" to "finance" to the finished product. In addition to its knowledge and experience, EnCata uses specialized software for the management of the process, thereby increasing the efficiency of public support and contributing to the development of the engineering ecosystem.
For promising startups EnCata offers a 2-year program which encompasses 4 distinct stages of development:
- EnCata assists public institutions in the search and selection of participants.
- After a startup has been selected to the program, EnCata organizes the placement of the startup for 6-8 months into a publicly funded specialized "hackerspace" where the startup will try to turn their initial idea into a proven concept.
- Having proven their idea, the startup then turns to EnCata to transform this idea into reality, creating design and manufacturing documentation and making a prototype ready for production. The financing for this stage, which takes 3-6 months, is provided either by a separate public grant, or by EnCata directly.
- After prototype manufacturing and testing, the startup is given 100 sq.m. of office and engineering workspace to start production and realization of its product.
- Selection of participants: idea contests, direct recommendations of universities, team formation
- Selection of participants in terms of business and technical constituents of the projects
- EnCata’s estimation of project’s technical aspect
Results of Stage 1:
- The participant is chosen
- The idea is checked for workability
- The startup is awarded the 1st lvl
- The opportunity to use the prototyping center
Results of Stage 2:
- TRL-4 prototype
- The startupis awarded the 2nd lvl
- The startup prepares documentation and goes to EnCata
Results of Stage 3:
- Preparation of design documentation for serial production
- Pre-serial TRL-8 prototype
- Field testing
- Revision of design documentation for the serial production of the prototype (TRL-9)
Results of Stage 4:
- Design documentation (TRL-9)
- The startup is awarded the 3rd lvl
- Project’s packing:
- Drafting the investment proposal for a venture investor
- Determining the approximate off-the-shelf product cost and the necessary investments for the serial launch of the product with the help of the Technopark (without purchasing the industrial machinery);
- Participating in exhibitions to present the prototype (TRL-8)
- Organizing "Open Days" for investors
- Holding a crowdfunding campaign
Results of Stage 5:
- Investor is found
- The pre-sale of the product is conducted
- The startup is awarded the 4th lvl
- Organization of production
- Technopark provides 100 sq.m. of workspace + office and also the opportunity to have a 50% discount for the services of the "manufacturing department"
Results of Stage 6:
- The company releases off-the-shelf product without investing in the industrial machinery
- The startupis awarded the 5th lvl
- The startup leaves the incubator
- 2 years of work in the privileged mode
- Independent production of the finished product and its components
Results of Stage 7:
- Production company stands on its own