Corporate innovation accelerator.

Guiding in-house startups from idea to executive pitch.

About

Accelerating corporate innovation projects.

The biggest advantage of shorter innovation programs (like hackathons) is giving teams the chance to incorporate a new mindset and methodology to execute radically new ideas.

The goal of this corporate innovation accelerator program (or startup accelerator program) is to embrace innovation within your business strategy in a structural way. We help companies create and support corporate venture teams (corporate startups) that are developing new business concepts outside the core business in a short period of time.

“Fantastic opportunity to learn how to think outside of the box, how to be innovative, and find new business opportunities. Great experience and learnings taken from all the participants, from the project itself to how to present or how to prepare a pitch.”
Oscar Salvador, Segment Analyst, O-I Europe

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Results

What to expect from an innovation accelerator?

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100+ business opportunities mapped

At the end of your corporate innovation accelerator, you will have explored 100 or more new business opportunities. These will form a unique map of strategic development areas for your organization.

3-5 executive investment opportunities

3 to 5 concepts (one per team) will have progressed from concept definition to validation, culminating in an investment pitch (usually performed in front of the organization’s board of executives).

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3-5 startup-like corporate teams

The length and breadth of a corporate innovation accelerator let the participants immerse themselves in the whole spectrum of startup best practices. The result? Multi-disciplinary teams that think and act like startups, ready to bring new solutions to market.

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Clarity on innovation KPIs

Together we define 3 to 5 selection criteria based on your innovation goals and the scope of the accelerator. We make sure to include all relevant stakeholders in this process from the start. These criteria will guide all participants during the accelerator.

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Long-term cultural transformation

A business accelerator program should focus on mid- to long-term opportunities (that is, creating sustainable internal innovation capabilities). In our accelerators, we make sure the long-term transformational goals aren’t subordinated to short-term business results.

Program overview

Accelerator journey format.

Timeline of a corporate innovation accelerator program

The typical process of a corporate innovation accelerator. 

A business accelerator program should focus on mid- to long-term opportunities. Long-term goals are generally “higher level” than shorter term objectives. To make sure the results of the accelerator meet the long-term goals, all relevant decision-makers should be aligned on what to expect from the potential results.

Together, at the start of the program, we define 3 to 5 selection criteria based on your innovation goals and the scope of the accelerator. It’s important to include all relevant stakeholders in this process from the start. These criteria will guide all the participants during the accelerator. Note: we prefer long-term growth over short-term profits.

At the end of the corporate innovation accelerator, you will have explored 100 or more new business opportunities and worked them down to 3 to 5 executive investment opportunities: moving into an adjacent market, experimenting with new business models, or launching a new product or service. Multi-disciplinary teams that think and act like startups will be ready to bring the new solution to market.

Based on our experience, we have created an accelerator format with proven value. The number of projects that receive investment after the accelerator track exceeds expectations, and the journey is often repeated more than once.

Scenario for 3 to 5 teams (max 20 participants). 

Goal: tailor the program to your needs

Approach

  • Create and validate the fundamentals of a future-proof program
  • Asses the teams and ideas entering the accelerator
  • Scoping session with team and sponsor

Results

  • Clear scope/focus domains identified
  • Detailed accelerator program
  • Overview of key tools
  • Selection criteria
  • Guidelines for team coaching 

Goal: understand the problem

Approach

  • Customer journey mapping and persona mapping
  • Customer empathy methods
  • Environment scan and analogy thinking

Results

  • Defined customer opportunity segments
  • Problem definition and “how might we” statement
  • Plan for exploration and validation
 
 
 

Goal: create concepts based on a validated problem

Approach

  • Relevant inspiration and multiple ideation rounds
  • Idea selection
  • Concept development and prototype
  • Assumption mapping

Results

  • 100+ non-obvious ideas
  • Clear concepts and tangible prototypes from each team
  • Plan for validation of assumptions
Goal: build experiments Approach
  • Assumption mapping
  • Visualise value proposition
  • Make a digital prototype or presentation
Results
  • Experiments ready to be launched

Goal: create investment pitch

Approach

  • Ecosystem mapping
  • Business model kit
  • Business model canvas
  • Pitching checklist and pitch dry-run

Results

  • Investment pitches with a high success rate

Corporate innovation accelerator.

Let's get in touch!

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