Tech Start-up Incubation Program: Business Model Evaluation on Government Based Incubator in Indonesia

This research evaluates business model in an incubator company using a framework that consists of 21 assessment components. It is required to examine and measure the efficiency of the incubation program. The incubation program is an intensive mentoring service for start-ups and connects them with the related support system. Analysis conducted using a qualitative approach and matrix scoring generated from N-Vivo. Bekraf Incubator is a government-based incubator in Indonesia suitable for early stages of start-up. Bekraf Incubator successfully demonstrates an effective and flexible business model by focusing on 16 sub-sectors under their incubation program