Victor Hugo once stated "Nothing is as powerful as an idea whose time has come." It is one thing to come up with the next great product however to have the courage to step out and take action requires something different. What if you did not need to go it alone? What if there were mentors with a proven track record of successfully launching hundreds of millions of dollars in consumer products, that could help guide a successful product launch?
Indykkö is a business incubator with expertise focusing on product development and retail expansion strategies. We seek out capable founders with innovative consumer product ideas that have proven product/market fit but lack the experience and resources to scale. We carefully select opportunities and then collaborate with the founders to help execute global launches both using direct to consumer and retail.
In·dy·ko /ˈindēkō/
The name Indykkö is derived from the word “Indie” which is used to describe “An independent film, game or music album that is produced outside a major studio or label system and is distributed by independent companies.” Likewise Indykkö offers the right founders an platform to develop their product ideas, source the procurement and to then reach their target market without the need for working through major consumer product companies.
There has never been a better time in all of history to be an entrepreneur. The tools available to reach customers and test ideas are now incredibly robust. Once product market fit is established the ability to quickly ramp up and achieve scale are unprecedented. Indykkö has a proven track record from an experienced team who can lend their expertise in helping create a "blue ocean strategy" followed by the ability to design develop and source concepts from idea to global distribution.
Our first priority is on identifying the right founders who share our values and who can demonstrate that they have the required character and strategy to scale. We are very selective with who we accept into the program, making use of a thorough screening process to help us select the best candidates that we believe we can build value with. We have limited number of openings within our program and ask that prospective candidates complete the online application for consideration. If you think you qualify, we encourage you to click the link below as a meaningful step in choosing to become one of the rare few who's desire is to be the exception.
Open Mind Developments Corporation (OMD) is a company with a clear purpose and mission. The company created a progressive brand called Pela www.pelacase.com whereby they are committed to creating a waste free future by developing consumer products made of environmentally sensible materials.
Their first products were smart phone cases made of compostable bio-resin's with a platform based on a direct to consumer model. The rapid growth of the company was exciting but without the right infrastructure the growth threatened their ability to scale and meet the consumer demand.
As a portfolio company, the Indykkö team has been actively engaged with the OMD leadership team, investing resources to build out a sustainable growth strategy for product development, sourcing, supply chain and retail expansion. We are committed to helping OMD achieve their goal of eliminating 1B pounds of plastic from the waste stream!