Business Incubation — DU B.Com (P) Previous Year Question Papers

Instruction for Candidates Q 1. (a) ) Define business incubation. Discuss the concept and principles of business incubation, highlighting its importance in fostering entrepreneurship. (9 Marks) (b) What is virtual business incubation? Explain its features, advantages, and challenges compared to physical incubation centres. (9 Marks) (c) Examine the relationship between government programmes and the growth of business incubation. Cite examples of Indian government schemes that support incubation. (9 Marks) (d) How do business incubation models vary across sectors? Discuss with special reference to technology, social enterprise, and agribusiness incubation. (9 Marks) Q 2. (a) Describe the complete process of business incubation from idea generation to post-incubation. What role does the 'Idea Lab' play in this process? (9 Marks) (b) What are the key elements of a value proposition? How should an incubatee craft a value proposition to attract customers and investors? (9 Marks ) (d) How does the incubator leverage its network during the incubation process to provide value-added services to resident start-ups? (9 Marks) Q 3. (a) How is a business incubator financed? Discuss the various sources of financing available to incubators, both public and private. (9 Marks) (b) Explain the types of angel financiers and the procedures they follow while in vesting in early-stage start-ups nurtured by incubators. (9 Marks) (c) Compare and contrast seed funding and venture capital as sources of finance for business incubators. Which is more suitable for early-stage start-ups? (9 Marks) (d) Discuss the management practices required to maintain a productive and well-functioning business incubator environment. (9 Marks) Q 4. (a) What is a feasibility study? Explain the components of a feasibility study for an agribusiness incubator to be set up in a semi-urban area. (9 Marks) (b) Explain stakeholder management in the context of planning a business incubator. Who are the key stakeholders, and how should their interests be managed? (9 Marks) (c) Explain in detail how an incubator assists entrepreneurs in understanding and preparing for an investor's perspective while evaluating a business plan. (9 Marks) Q 5. (a) Case Study: TechSpark Incubator-A University-Based Model (i) What incubation structures should TechSpark adopt to provide clarity on tenure, graduation, and post-incubation pathways? (5 Marks) (ii) Discuss the legal issues and other formalities that TechSpark must address to protect its incubatees. (4 Marks) (iii) Propose a model for managing incubator employees at TechSpark that balances academic and professional demands. (9 Marks) (b) Case Study: Villgro Innovations Foundation -Social Incubator