As a startup incubator and with our management’s background in launching Product based companies, NextGenI is comfortable taking an equity stake in the venture, anywhere from 3 percent up to 30 percent. This subsidizes the cost of the development for the entrepreneur while ‘ups’ the game for the NextGenI team.
That said, this is a very selective process. We really have to personally get to know the founders as this model essentially makes us a co-founder.