Do I have to have a business to start?
No, you do not have to have a revenue-generating business to start. Many of our entrepreneurs do not even pursue the model that they came in with.
How much do the programs cost?
While Domi Station fundraises to subsidize the bulk of the Incubation programming, we ask that each participating entrepreneur pay a registration fee to offset our costs and ensure that we can dedicate the necessary resources to this program. For Gearup it is $250 flat fee, $50 a month for mentor support, and an option for modules at $150 each. Ascend is $350 flat fee, $150 a month for mentor support, and $150 per optional module.
Do I get access for Coworking?
Gearup and Ascend members get access to the space for events, mastermind, and workshops but regular corworking from 9-5 daily is offered at a discount to incubation members: $50/month.
Time commitment?
We strongly believe that you get what you put into this program, but as for the program expectations we require 75% participation. This includes masterminds, mentor meeting, monthly reporting of KPI’s and goal tracking. Gearup is a month to month commitment that can last up to a year. Ascend is 6 month commitment renewable for up to 2 years.
Are the programs for certain types of companies?
No, Domi’s Incubation programs support companies form completely different sectors including but not limited to, technology, consulting, food, and B2C retail. We have mentors/connections in almost ever sector.
What is the structure of the program?
The program, both Gearup and Ascend, are a blend of online curriculum, in person optional workshops, mentor access, and entrepreneur networking.
Does Domi provide funding for the startup?
No, Domi does not personally provide funding for startups but we do provide resources and connections for the entrepreneurs to go for funding both from pitch competitions and investors.