• Accelerator
    • The VentureLab Philosophy
    • The Venture Process
    • Cohort 1
  • Invest
    • Partners
    • Mentors
  • Lets Venture!
    • Cohort 2 Registration
    • Standard Chartered Women In Tech Programme in Pakistan
    • VentureLab 2.0 Roadshow
    • Idea Sprints
  • Team
  • Get Involved
    • Want to be a Co-Founder?
    • Want to be a Mentor?
  • Contact
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2015 Pulse - All Rights Reserved
  • Accelerator
    • The VentureLab Philosophy
    • The Venture Process
    • Cohort 1
  • Invest
    • Partners
    • Mentors
  • Lets Venture!
    • Cohort 2 Registration
    • Standard Chartered Women In Tech Programme in Pakistan
    • VentureLab 2.0 Roadshow
    • Idea Sprints
  • Team
  • Get Involved
    • Want to be a Co-Founder?
    • Want to be a Mentor?
  • Contact

Our Venture Philosophy

Addressing the Gaps for “Crossing the Chasm”

Pakistan’s nascent ventures eco-system faces several challenges gleaned through years of working with innovators, founders, startups, and ventures. These include, among others: 

 

  • Ideas not “good” or innovative enough,
  • No working prototype (or too much technical risk)
  • No proof of concept (or too much commercial risk)
  • Lack of a commercial entity or team

 

In order for the venture eco-system to succeed, each of these gaps need to be filled and challenges addressed. 

 

Economists (and Entrepreneurs) often talk about crossing the chasm – a so called valley of death – that separates launching of a product or service and its widespread adoption by a large enough number of customers to validate it.

 

However, in Pakistan, as in other “low trust” societies, there is an even bigger chasm that every first-time entrepreneur must face even before s/he launches a product or service for adoption.

 

S/he must face a “credibility test” which can only be aced if s/he is able to validate the idea through proof of commercial concept and establish personal credibility to convince an investor to bet on it.

 

INNOVentures is a Venture Acceleration Platform that seeks to address these challenges and push an idea through the Ideas to Value Continuum through a structured process of curricular and hands-on learning, mentoring, and doing.

 

The 5-Month Accelerator Programme bridges key deficiencies to enable early stage investing through the validation of both the idea and the entrepreneur by:

 

– addressing weaknesses in prototyping and productisation and proof of commercial concept and go-to-market strategy through a rigorous and structured programme;

 

– validating and testing the character and grit of the idea champion/founder to ensure they are battle-ready before they pitch to the investors.

 

 

INNOVentures Global especially focuses on Professionals and University Faculty through an intensely hands-on, structured, and mentor-led process that reduces techno-market risk, establishes founders’ credibility, and  increases the probability of long term commercial success.

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Innoventures Global
House# 631-B, Street 39, E-11/3
Islamabad, Pakistan
44000
+92518443223-4
info@innoventuresglobal.com
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INNOVentures | The VentureLab Philosophy