Since November last year, the incubator joined the Impact Business Modeling System (IBMS) program. As an incubator, advising and investing in impact startups, we become a program partner to IBMS and get to offer a program delivered to our portfolio companies, matching our needs.
The program of 10 sessions helps startups with a sustainable solution to define an impact goal, understand the root causes to the problem, build a theory of change, get the right indicators and metrics in place. Everything you need to quantify and measure the direct positive impact from your solution. This will also help startups to take responsible leadership and in the long-term be able define new sustainable product categories and markets.
By taking part in the program the startup gets access to digital training material, workshop modules and impact business cases, to continuously improve and refine their impact business model. The incubator startups from Ideon taking part this round is NikDev, Recilio and Animals AI.
“I think it’s a good thing to review and learn from time to time the impacts of the business and be able to communicate clearly. It is not my first time doing such impact theories and mapping, but every time our vision and messages gets improved.”
– Rose Huang, Co-founder and CEO Animals AI.
The team behind Impact Business Modeling System™ and all certified coaches has extensive experience in the international impact startup and investor ecosystem.
“We provide a meticulous system, incl. a logic methodology and training program, tools and workshop modules and a membership platform for both startups, accelerators, incubators, investors and other organizations that like to get their sustainable impact measurable, operational and profitable.”
“So far, we think it feels really promising to participate in the program. Both that there is a structure and a system to check and measure more thoroughly the sustainability issues we tried to capture, but also that it gives us the opportunity to work more thoroughly with our vision and our priorities. Richard (Founder & Managing Partner of IBMS) himself contributes an enormous amount of energy and knowledge of the area, what I like best is that before we have time to ask if he has an example, he has time to draw three. Also, the arrangement of a one-hour workshop a week fits well in a busy startup schedule. “
– Josephine Alvén, Co-founder and COO at NikDev