Pre-incubation is a service offered by ISU to evaluate the feasibility of your business idea and to help to mature your idea to jointly decide if it can be turned into a real business idea with market potential.
This pre-incubation is the phase where you can bring your project to fruition without putting yourself at risk financially. If during your pre-incubation your business plan, proof of concept and other aspects of your start-up seem to be coherent with the market then you can present yourself to the selection for incubation.
Pre-incubation is in the first place offered to ISU alumni and targets business ideas with a direct or an indirect space component (e.g. by using processed space data). Evidently pre-incubation in the ISU campus is most effective for interaction and early contact with seed funding candidates locally. In view of financial obstacles (part of) the pre-incubation can also be done virtually.
As a general process, candidates are requested to submit a slide-deck draft of their business idea, in accordance with the template described here: Slide-Deck Template for Start-up Presentation.