Startup Acceleration and Incubation

6 to 12 Months Programs for Sierra Leoneans.

ROGEE^® Startups Accelerator in Africa.

ACCELERATION and INCUBATION are the two processes that ROGEE^® STARTUPS ACCELERATOR conducts across the world. Although these processes may yield the same results (an eventual Publicly Traded Company), they have different schedules. The descriptions below pertains to Startups formed in Sierra Leone and other African countries.
STARTUP PROCESS FOR: ACCELERATION
1	DURATION	12 MONTHS
2	SEED	LE20 MILLION PROVIDED BY THE ACCELERATOR. FUNDS SPENT ON TEAM-BUIILDING, TRAINING, EQUIPMENT COSTS, AND LEGAL COSTS.
3	BASE PAY	LE0.00 PER MONTH PER TEAM MEMBER. HOWEVER, BASE PAY (SALARY) FOR 3 YEARS PER TEAM MEMBER BEGINS AFTER THE STARTUP SECURES FUNDING FROM INVESTORS IN STEP #5 OF THE STARTUP HIERARCHY PROCESS. THEN BASE PAY WILL RANGE BETWEEN LE2 MILLION TO LE5 MILLION PER MONTH PER TEAM MEMBER.
4	MEETING	ONCE WEEKLY (1.5 TO 2 HOURS PER WEEK). ADDITIONAL MEETINGS AND ERRANDS MAY OCCUR AS NEEDED.
5	HOURS	78 TO 104 HOURS THAT'S: 1.5 HOURS X 52 WEEK = 78 HOURS; AND 2.0 HOURS X 52 WEEKS = 104 HOURS + AN ESTIMATED 20-30 HOURS FOR OTHER ACTIVITIES. THAT'S THE TOTAL TIME SPENT BY EACH COMMITTED INDIVIDUAL OVER 12 MONTHS BUILDING BUSINESS KNOWLEDGEABLE AND A COHESIVE SILICON VALLEY TEAM
6	TEAM	CO-FOUNDERS AS SHAREHOLDERS, BOARD MEMBERS, AND TOP 5 MAIN EXECUTIVE POSITIONS: CEO, CFO, CTO, CMO, CSO. OTHER POSSIBLE POSITIONS ARE: CDO, CLO, CPO, EOO, FWO, MCO.
7	EXIT	WE TAKE THE COMPANY TO MARKET IF INVESTORS SECURED OR PRODUCTS/SERVICES RELEASED TO A PAYING CUSTOMER BASE. IF NOT, TERMINATE THE ACCELERATION PROCESS AND CLOSE DOWN THE STARTUP.
STARTUP PROCESS FOR: INCUBATION
1	DURATION	6 MONTHS
2	SEED-1	LE20 MILLION PROVIDED BY THE INCUBATOR. FUNDS SPENT ON TEAM-BUIILDING, TRAINING, EQUIPMENT COSTS, AND LEGAL COSTS.
3	SEED-2	LE60 MILLION TO LE150 MILLION TOTAL BASE PAY TO TEAM MEMBERS PRIOR TO FUNDING. FUNDS PROVIDED BY THE INCUBATOR.
4	BASE PAY	LE2 MILLION TO LE5 MILLION PER MONTH PER TEAM MEMBER BASE PAY (SALARY). UP TO LE10 MILLION PER MONTH PER TEAM MEMBER IS POSSIBLE DEPENDING ON CUSTOMER ACTIVITIES. THE ACTUAL BASE PAY AMOUNT WILL DEPEND ON TYPE OF STARTUP AND ITS GROWING CUSTOMER BASE. WHEN FUNDING IS SECURED IN STEP #5 OF THE STARTUP HIERARCHY PROCESS, EACH TEAM MEMBER'S BASE PAY WILL INCREASE BY DOUBLE, TRIPLE, OR QUADRUPLE (THE MAX) = FROM LE2 MILLION TO LE8 MILLION PER MONTH; FROM LE10 MILLION TO LE80 MILLION PER MONTH, DEPENDING ON STATUP TYPE AND CUSTOMER BASE.
5	MEETING	6 DAYS PER WEEK AT 8 HOURS PER DAY OF ACTUALLY WORKING ON THE STARTUP.
6	HOURS	1,248 HOURS THAT'S ACTUAL TIME SPENT BY EACH TEAM MEMBER TRAINING, RUNNING ERRNDS, BUILDING THE COMPANY, AND CREATING A COHESIVE SILICON VALLEY TEAM. THAT'S 1,248 HOURS IN 6 MONTHS OF BUILDING BUSINESS KNOWLEDGE AND EXPERTISE.
7	TEAM	CO-FOUNDERS AS SHAREHOLDERS, BOARD MEMBERS, AND TOP 5 MAIN EXECUTIVE POSITIONS: CEO, CFO, CTO, CMO, CSO. OTHER POSSIBLE POSITIONS ARE: CDO, CPO, MCO, EOO, FWO.
8	EXIT	WE TAKE THE COMPANY TO MARKET IF INVESTORS SECURED OR PRODUCTS/SERVICES RELEASED TO A PAYING CUSTOMER BASE. IF NOT, TERMINATE THE INCUBATION PROCESS AND CLOSE DOWN THE STARTUP.
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