Frequently asked questions
How do you define success for the incubator program? What benchmarks will our project be evaluated against?
Success within the incubator program is characterized by the successful delivery of a functional proof of concept, noticeable enhancements in your operational processes and/or products, and the potential for meaningful business impact. Benchmarks encompass meeting project deadlines, achieving predetermined improvement metrics, and receiving positive evaluations from industry experts.
What is the expected level of involvement from our side during the program?
Your team's active participation is essential to ensure project success. We expect your subject matter experts to be physically present at the Plug & Play Tech Center (Sunnyvale, CA) for the duration of the program. This commitment ensures that the developed solution effectively aligns with your business requirements and overarching strategic goals.
Could you provide a detailed breakdown of the participation fee? Are there any additional costs such as those for resource utilization or consultation fees with the experts?
The participation fee covers several components, including access to our specialized team of experts, hardware and software resources, and operational expenses for the entire project duration. All resource usage and consultation fees are comprehensively included within this single fee structure, with no concealed charges.
Who will be assigned to our project?
Your dedicated project team will consist of top-tier technology experts, including solution architects, engineers, and data scientists from leading organizations such as NVIDIA, Siemens, and Elite Solution Delivery Partners. The exact composition of this team will be finalized in the early stages of the program.
What are the terms regarding the ownership of the products or solutions developed during the incubator?
All codebases and models developed throughout the incubation period remain the intellectual property of your company.
What kind of support can we expect post-incubation?
After the incubation phase, we facilitate a comprehensive transition of knowledge and deliverables to your team. Additionally, post-incubation support can be arranged based on a contractual agreement.
How does the investment support process work? If our project gets selected for investment, what terms can we expect?
During the culmination of the incubation period, our capital partners evaluate all projects. If your project exhibits promising potential, they may extend investment offers under mutually agreed terms. These terms will be discussed and agreed upon between your team and our capital partners.