Villgro Incubator : India Case Study

Villgro is a business incubator with a unique rural orientation. It concerns itself not only with the launch of new businesses but more generally with the transfer of new products, knowledge, and services into rural space. Faced with the challenge of finding technologies that match rural requirements, Villgro has linked marketable product and service concepts from diverse sources with entrepreneurs who have start-up experience - so-called serial entrepreneurs. Other incubators may have difficulty imitating Villgro's business model. The conditions for its development are unique, its management approaches are relatively untested, and the values of its management team are deeply intertwined with perceptions of how the rural business system operates in India. However, other startup incubators can learn from Villgro the importance of getting management basics right before attempting to transform an entire agricultural sector. Good governance, transparency, accountability, building teams around highly capable employees, and continuously enhancing management skills are important no matter the strategic orientation of the emerging incubator.

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Bibliographic Details
Main Author: World Bank
Format: Working Paper biblioteca
Language:English
en_US
Published: Washington, DC 2014
Subjects:ACCOUNTING, ACQUISITION, ADVERTISING, ADVERTISING AGENCIES, APPROPRIATE TECHNOLOGIES, BALANCE SHEET, BASIC, BEST-PRACTICE, BLOG, BOARDS OF DIRECTORS, BUDGET CONSTRAINTS, BUDGETING, BUSINESS CENTER, BUSINESS ENTERPRISES, BUSINESS ENVIRONMENT, BUSINESS INCUBATION, BUSINESS INCUBATOR, BUSINESS INCUBATORS, BUSINESS MANAGEMENT, BUSINESS MODEL, BUSINESS NETWORKS, BUSINESS PARTNERS, BUSINESS PLAN, BUSINESS PROCESS, BUSINESS PROCESSES, BUSINESS SERVICE, BUSINESS SERVICE PROVIDERS, BUSINESS SERVICES, BUSINESS SUPPORT SERVICES, BUSINESS SYSTEM, BUSINESS SYSTEMS, BUSINESS VALUATION, BUSINESSES, BUYERS, CAPABILITIES, CAPACITY-BUILDING, CAPITAL INVESTMENT, CASH FLOW, COMMUNITIES, COMPANY, COPYRIGHT, CORPORATE GOVERNANCE, CRITICAL SUCCESS FACTORS, DELIVERY OF PRODUCTS, DEPRECIATION, DISTRIBUTION CHANNELS, DISTRIBUTION NETWORK, DISTRIBUTION NETWORKS, DISTRIBUTION SYSTEM, ENGINEERING, ENTERPRISE DEVELOPMENT, ENTERPRISE SECTOR, ENTREPRENEURIAL SKILLS, ENTREPRENEURSHIP, EXPENDITURES, FINANCIAL RESOURCES, FIRMS, GROWTH POTENTIAL, HUMAN RESOURCES, INNOVATION, INNOVATIONS, INTELLECTUAL PROPERTY, INTELLECTUAL PROPERTY RIGHT, INTELLECTUAL PROPERTY RIGHTS, INTERFACES, INTERNAL BUSINESS, INVENTION, KNOW-HOW, KNOWLEDGE MANAGEMENT, LEARNING, LICENSE, LICENSES, LOAN, MANUFACTURERS, MANUFACTURING, MARKET ACCESS, MARKET ENTRY, MARKET RESEARCH, MARKETING, MATERIAL, MEDIA, MONITORS, MULTINATIONALS, NETWORKING, NEW PRODUCTS, NONPROFIT CORPORATION, NONPROFIT ORGANIZATIONS, OUTSOURCING, PARTY, PHOTO, PRIVATE INVESTMENT, PRODUCT DESIGN, PRODUCT DEVELOPMENT, PRODUCTIVITY, PROGRAMMING, PROGRAMS, PROTOTYPE, PUBLIC RELATIONS, PURCHASING, PURCHASING POWER, QUERIES, RESULTS, RETAIL OUTLETS, RURAL ENTREPRENEURS, SALES, SEARCHES, SERVICE CONTRACTS, SOCIAL ENTERPRISE, SOCIAL ENTERPRISES, SPONSORS, STORE, STORES, TARGETS, TECHNICAL KNOWLEDGE, TECHNOLOGY DEVELOPMENT, TECHNOLOGY INNOVATION, TECHNOLOGY TRANSFER, TECHNOLOGY TRANSFERS, TELEPHONE, TRADITIONAL BUSINESS, TRAINING INSTITUTES, TRANSLATION, USER, USER PREFERENCES, USERS, USES, VENTURE CAPITAL, WEALTH CREATION,
Online Access:http://documents.worldbank.org/curated/en/2014/01/20143918/villgro-incubator-india-case-study
http://hdl.handle.net/10986/20110
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Summary:Villgro is a business incubator with a unique rural orientation. It concerns itself not only with the launch of new businesses but more generally with the transfer of new products, knowledge, and services into rural space. Faced with the challenge of finding technologies that match rural requirements, Villgro has linked marketable product and service concepts from diverse sources with entrepreneurs who have start-up experience - so-called serial entrepreneurs. Other incubators may have difficulty imitating Villgro's business model. The conditions for its development are unique, its management approaches are relatively untested, and the values of its management team are deeply intertwined with perceptions of how the rural business system operates in India. However, other startup incubators can learn from Villgro the importance of getting management basics right before attempting to transform an entire agricultural sector. Good governance, transparency, accountability, building teams around highly capable employees, and continuously enhancing management skills are important no matter the strategic orientation of the emerging incubator.