British Columbia Innovation Council | ICS



 

 

BCIC Venture Acceleration Program (VAP) | Innovation Central Society

The Venture Acceleration Program delivers a structured approach to growing a company using the Venture Growth Model with ongoing coaching and workshops with experienced Executives in Residence (EIRs). 


Through the VAP you will:
 

  • Learn from successful technology entrepreneurs
  • Critically evaluate the fundamentals of your business idea
  • Develop your entrepreneurial skills
  • Overcome barriers to success
  • Prepare your company to be investment-ready.
  • Network with peers who share your goals and challenges


Most importantly, the Venture Acceleration Program will help you define a business model for sustained growth and profitability using the following venture growth model.

 

 

EiR Coaching & MVT Workshops

As a member of the VAP, you will have access to ICS's one-on-one Executive in Residence (EiR) coaching services. As a member of the VAP, your venture will be required to attend a series of four intimate workshops called Market Validation Training (MVT) where you will undergo extensive training on your venture's: 

 

  • Positioning Statement
  • Buyer Type & Value Proposition
  • Customer Development Methodology
  • Technology Adoption Lifecycle
  • Business Model Canvas
  • Market Type
  • Value Chain
  • Ideal Customer Characteristics
  • Segmentation
  • Total Addressable Market
  • Minimum Viable Product
  • Customer Discovery Conversation
  • Five-Minute Pitch

 

The MVT program is delivered by our (EiR) in a group setting. 

 

Is my Venture Eligible for the VAP? 

Technology entrepreneurs are accepted for participation in the Venture Acceleration Program based on several factors, including:

  • Product validity
  • Market opportunity
  • Drive and ambition

 

Apply to the VAP Today 

To apply, please contact ICS so we can learn about your venture!

Visit the BC Venture Acceleration Program website for complete information about the program.