Corporate Accelerator
Adaption of this strategy is to future-proof the business, find disruptive solutions to traditional challenges, and to maintain a competitive edge.
These collaborations take many shapes, from licensing technologies to co-developing new solutions. However, the solutions need to be tweaked, before corporate can adopt or take to its customers as a joint offering. Accelerator programs offer that window to both, for clear understanding and unambiguous adoption.
Few reasons why corporates are handshaking with startups
Access to cutting-edge technologies
Increased agility in product development
Test new business models
Explore Horizon 3 ideas
Generate new revenue streams
Access to expert knowledge outside of your company’s core competencies
Passionate start-up team - attract talent and overcome motivation issues
Lower investment in comparison to in-house development
Open2Innovation and Startup Board’s flagship accelerator program The Boardroom takes away the pain in bespoke conceptualization, conversion of vision into execution and monitoring over the period of the program. Accelerator program helps the corporate with economic benefits by possibly integrating innovative technologies or business models into the organization. Program structure may include
Industry Needs
A deep awareness for each involved venture, about the perspective of the Problem statements / use cases and help to transform startup’s product into market ready solutions
Bootcamps
Multi-day masterclasses to bring all participants at-par with the industry terms, inputs for self-awareness, and defining pathways
Mentorship
Guidance from external or internal subject matter experts
Media Glare
Structured plan for media visibility and searchable references
Market Access
Qualified leads for market ready products
Access to Digital Labs
External labs can be arranged too, if corporate has not built them yet
Connection to Capital
Ventures need to grow as independent business, thus need not depend solely on corporate funding
Demo Day
Pitch event is arranged for startups to showcase to investors
Alumni Program
Leverage the network effect for finding customer, suppliers, or partners, by collaborating with past accelerator founders
We shall be happy to answer, engage and work together with you. Have queries?